GOP Betrayal on Obama Stimulus
GOP Betrayal on Obama Stimulus
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UPDATE: It should be OVER! This latest bailout scheme - the Obama-Pelosi-Reid Theft Act of 2009 - should be DEAD ON ARRIVAL!
BUT IT'S NOT!
Why not?
Just wait until you hear the SICKENING NEWS!
According to The Washington Post:
"Senate Democratic leaders conceded Tuesday that they do not have the votes to pass the stimulus bill as currently written."
That should be all she wrote. The Obama-Pelosi-Reid Theft Act of 2009 SHOULD BE DEAD!
So what went wrong? Why isn't it over? Why aren't we celebrating?
Because some Republican legislators, led by none other than Senator John (Gang of 14) McCain, are trying to snatch defeat from the jaws of victory!
Instead of DECLARING VICTORY and allowing this dangerous so-called "stimulus bill" to die an unceremonious death, THEY ARE ACTUALLY SEEKING TO COMPROMISE!
You read that right. A group of Senate Republicans are proposing their own $425 billion dollar stimulus package!
And while some of the provisions of the plan sound good (i.e. tax breaks), it would appear the intention behind proposing this alternate plan is to compromise.
Senator Lindsey Graham seems to indicate that a "deal" could be in the works:
"Get us all in a room. That's what you do with a major piece of legislation."
Enough is enough! The American people don't need compromises or fixes! The American people do NOT need Republicans to play "Let's Make A Deal" when it comes to this horrendously flawed plan to institute socialism!
It's time to put a STOP to these dangerous bailout schemes here and now!
Let This So-Called Stimulus Plan Die!
Some are starting to get the message.
Senator Richard Shelby said Washington should just "shelve the stimulus package."
Amen!
Even those who initially supported a stimulus plan are starting to do an about-face.
Economist Martin Feldstein, wrote in The Washington Post:
"It would be better for the Senate to delay legislation for a month, or even two... . We cannot afford an $800 billion mistake."
Delay it? It should be scrapped altogether!
These so-called bailouts were a raw deal from the get-go!
First, they told us that throwing $700 billion in hard-earned taxpayer money (a figure that roughly equals about $10,000 for the average family of four) at the problem was the solution to our economic woes.
After spending the first $350 billion on giveaways to mega-corporations with few strings attached, little accountability and little transparency... the market continued to tank, families continued to lose their homes and hard-working Americans continued to lose their jobs.
What went wrong?
Our elected officials in Washington told you they had not thrown ENOUGH of YOUR money at the problem and they scrambled to release another $350 billion of YOUR hard-earned tax dollars.
But it still wasn't enough! No amount of YOUR money is EVER enough!
To put it in the words of the folks at the Center for Individual Freedom:
"[W]e've already tried recklessly throwing taxpayer money at the problem. It hasn't worked. And, it is unlikely that spending money our nation doesn't have to build bridges, pave roads and repeat the recent failed experiment of handing out rebate checks will work either."
Glenn Beck with FOX News said:
"So, the question is, when will America finally say, 'You know, I think I've learned my lesson. Enough is enough'?"
To answer that question; the time to put a HALT to the OBAMA-PELOSI-REID THEFT ACT OF 2009 is NOW!
If we don't STOP them NOW, they'll keep coming back for more... and more... and more!
No amount of YOUR money will be ENOUGH to satisfy Obama's voracious appetite!
It Was A Lie From Day One!
Was there ever a need for the government to play the role of Robin Hood in reverse?
They say that Robin Hood stole from the rich and gave to the poor, but that's a rather populist misstatement of the legend.
In actuality, Robin Hood liberated the ill-gotten gains that the government took from the common people through oppressive over-taxation and gave it back to the people.
Today, our government, is claiming that an economic catastrophe will occur unless the people fork over hundreds of billions of dollars - on top of the taxes we already pay!
Our government, in turn, uses the money to effectively "buy-out" failing financial institutions, or dole out funds to mega-corporations that promise to do business according to the dictates of liberals in Congress (forcing the Big Three Automakers to go "green" and manufacture cars no one wants to buy), or for general wealth redistribution (a tax rebate that goes to someone who pays no taxes is NOT a rebate, it's welfare).
Sounds a great deal like socialism to me!
But more to the point... Was an economic catastrophe looming on the horizon?
Perhaps.
Was the solution a socialist wealth redistribution scheme?
NEVER!
George Will, in a recent column titled "Same Old New Deal?" gives voice to something many Americans knew long ago but dared not utter.
Namely, that it is possible that the policies of Hoover and then Roosevelt and what later became know as The New Deal turned a short-term recession into the Great Depression which lasted more than a decade!
Will states:
"The assumption is that the New Deal vanquished the Depression. Intelligent, informed people differ about why the Depression lasted so long. But people whose recipe for recovery today is another New Deal should remember that America's biggest industrial collapse occurred in 1937, eight years after the 1929 stock market crash and nearly five years into the New Deal. In 1939, after a decade of frantic federal spending - President Herbert Hoover increased it more than 50 percent between 1929 and the inauguration of Franklin Roosevelt - unemployment was 17.2 percent."
Will adds:
"In a 2004 paper, Harold L. Cole of UCLA and Lee E. Ohanian of UCLA and the Federal Reserve Bank of Minneapolis argued that the Depression would have ended in 1936, rather than in 1943, were it not for policies that magnified the power of labor... ."
Does any of this sound familiar?
While I hesitate to quote George Santayana; his often misquoted remark; "Those who cannot remember the past, are condemned to repeat it", seems rather appropriate right now.
It would not be an exaggeration to say that the future of this country depends on actions you take, or do not take, at this very moment.
What's The Solution?
There is an alternative to the Obama-Pelosi-Reid Theft Act of 2009!
You probably didn't read about it on the front page of the fair and balanced New York Times but the Republican Study Committee (RSC), a group of more than 100 conservative Members of Congress, just introduced the Economic Recovery and Middle-Class Tax Relief Act of 2009.
Rather than attempting to grow government, this RSC sponsored legislation attempts to remove government from the equation and give the free market a much needed boost.
Some of the provisions of the RSC legislation include:
A 5% across the board reduction in individual income taxes.
Increasing the Child Tax Credit from $1,000 to $5,000 per year.
Making permanent the 15% tax rate on capital gains and dividends.
Repealing the Alternative Minimum Tax on individuals.
Making all withdrawals from IRAs tax- and penalty-free during 2009.
Increasing tax deductions for student loans and other education expenses.
One thing is certain. Socialism only works when the goal is increasing the power of government.
American doesn't need that! Our children don't need that! Our grandchildren don't need that!
Let's do something that can actually shorten this recession, get people back to work, and stop our economic free-fall.
Tell our elected officials to stop trying to turn the United States into a socialist country and support the Economic Recovery and Middle-Class Tax Relief Act of 2009!
recieved by e-mail from
GOPUSA eagle@gopusamedia.com
Thu, 5 Feb 2009 6:24 pm
