14
Jul
09

GOP unifies against another stimulus

The GOP has mobilized against any further government pork bills, also known as “stimulus” spending bills. I’ve been against these turkey’s since they were first proposed, and yes my leftist readers, that includes the 300 billion dollars that Bush pushed through.

One thing different about me, and other like minded conservatives as compared to the Obama sheep, we have the capacity to think for ourselves and use common sense, we’re not following the party’s pied piper like you guys.

Common sense tells us that you don’t write checks from an account that has a negative balance, and it also tells us that you can not spend your way out of debt, that nobody or no company is too big to fail, and that the market will take care of itself, the government will only screw it up more. We also can see the truth as it is, and it is that the stimulus is not working. The evidence is right before your eyes, take off the rose colored glasses.

Republicans called Obama’s $787 billion spending plan a “flop” and said it hasn’t fulfilled its hype. They criticized the White House for increasing the federal deficit and doing little to combat an unemployment rate that hit 9.5 percent in June.

“The reality is it hasn’t helped yet,” said Sen. Jon Kyl, R-Ariz. “Only about 6.8 percent of the money has actually been spent. What I proposed is, after you complete the contracts that are already committed, the things that are in the pipeline, stop it.”

I agree. This is some of the first common sense I’ve seen come out of D.C. in quite a while. But in usual fashion, Obama is changing his story and putting the spin on.

“The stimulus package is working exactly as we had anticipated,” Obama told CNN in an interview from Ghana that aired on Sunday.

“We always anticipated that a big chunk of that money then would be spent not only in the second half of the year, but also next year. This was designed to be a two-year plan and not a six-month plan,” he said.

HA! HA! HA! I’d like to know how it’s working, other than just taking Obama’s word, and he has no proof, verification, and evidence to present us. Just his smooth talking used car salesman pitch. That isn’t good enough. I want to see results to his unverified claims.

Now all of a sudden it’s a two year plan! Change the rules in the middle of the game yet again! I thought we had to hurry up and get it passed pronto, right now, so we could save the economy, everybody remember that? Now all of a sudden that’s not the case, it’s a two year plan? Oh please! Barack Obama is nothing but a spin doctor.

“I do think it is fair to say that the stimulus is a flop,” said Rep. Eric Cantor, R-Va. “The goal that was set when we passed it was unemployment wouldn’t rise past 8.5 percent, and what we see now is businesses just aren’t hiring. Even the best projections have us losing 750,000 more jobs this year.”

Enter Warren Buffet. Someone needs to tell me why the world stops when Warren speaks. Liberal Democrats love the guy, yet he is the epitome of everything they hate.

Warren Buffet made over 15 billion dollars from the last stimulus, oh, and by the way, he did it using our money, he risked none of his. We, the taxpayers made Warren Buffet 15 billion dollars. Profiteer? Oh yes! At his age what’s he need another 15 billion dollars for? He’ll be dead in 3, 4, 5, or 6 years. Make sure his family is provided for? With 55 billion dollars already, I think his family will be well taken care of.

Why am I bringing up Warren Buffet you ask? Well, Warren Buffet thinks we need another stimulus!

Some, including billionaire Warren Buffett, have called for a second round of spending to steady the economy.

I guess old Warren wants to exploit us yet again and make billions more with our money. What’s in it for us? Hell, last time we didn’t even get a thank you.

When you liberals talk about greed, the very first thought that comes to your mind should be Warren Buffet.

You libs really need to quit listening to old Warren, it’s like the old commercial when it comes to him with some of you. “When Warren speaks, people listen.” Yeah! Well, not me.

Speaking of E.F. Hutton, I had to do one of those “whatever happened to…” queries about E.F. Hutton. I remember those old commercials and for about the last 15 years, E.F. has dropped from the radar. Here’s what I found courtesy of Twin Cities Business:

E. F. Hutton long ago went the way that the likes of Lehman Brothers have more recently traveled.

As for E. F. Hutton, that’s a complicated story. The heavily abridged version: During the 1980s, the firm was involved in all kinds of financial shenanigans, primarily rooted in a check-kiting scheme. The 1987 stock market crash hit E. F. Hutton hard, and the company merged with a name that should sound familiar: Shearson Lehman Brothers. The merged entity soon became part of American Express, which later spun it off. It soon became part of Smith Barney, which became part of Citigroup.

By then, the E. F. Hutton name had disappeared. People had stopped listening long before that.



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