Posted on 02/09/2012 4:11:52 AM PST by IbJensen
Since February of 2009 when President Barack Obama began his aggressive push for stimulus into the American economy, he focused on one core area — infrastructure.
In fact, in his stimulus speech before Congress in 2009, his States of the Union in 2010, 2011, and 2012, and his Jobs Act speech of late 2011, the President repeated referred to spending government money to create jobs to fix America’s infrastructure.
Congressman Jim Jordan (R-OH), leader of the Republican Study Committee, is confirmed to be leaning toward supporting the plan. His public pronouncements that he is leaning toward supporting the plan is leading House conservatives as a whole to support this new stimulus plan — a stimulus plan to create jobs fixing and expanding America’s infrastructure.
The plan will most likely necessitate a federal bailout of the Highway Trust Fund, which is typically funded through the gas tax and is used to pay for highway projects. But Obama’s new stimulus busts the cap on the trust fund and, like social security, gets into general fund money to pay for the spending binge.
With the House bill, as is typical of Barack Obama’s legislation, spending will outpace income over the next five years by $69.6 billion. Moreso, as is also typical of President Obama’s stimulus schemes, Washington would retain the bulk of control, even though the money would be going to state transportation projects. Federal strings and federal money will come with the legislation.
Oh, and if the House goes along with the Senate’s version of this stimulus plan, Americans could see new taxes on their IRA’s.
So why is Congressman Jim Jordan leading conservatives to support Barack Obama’s latest job creation scheme with federal tax dollars to fund a temporary infrastructure spending binge?
Part of the reason is because highway spending is kryptonite to conservatives. You want to undermine conservative principles, just throw a roads building scheme into legislation.
But the biggest reason conservatives in the House are lining up to bust the budget, bankrupt the Highway Trust Fund, and spend $69 billion more than will come in in revenue is because this is John Boehner’s stimulus scheme, not Barack Obama’s.
It busts the budget, just like Barack Obama.
It raids government trust funds for pet projects, just like Barack Obama would do.
Over five years, it adds to the federal debt, just like Barack Obama’s schemes.
But the letter next to the plan is an “R” and not a “D”, so conservatives will yet again sell out their principles because John Boehner and not Barack Obama asked them to bankrupt the country.
With leadership like this is it any wonder we’re at $16 trillion in debt?
The only “conservatives” that were elected to the House in 2010 are all “junior” members. Boehner, Cantor and the rest of the “permanent” DC establishment are disgraces – so let's call them that. They don’t even rate being called RINOs! Calling the House “conservative” is like calling BHO a leader – it’s a joke!
House repubic leadsership are ALL COMMUNISTS!
LLS
House repubic leadership are ALL COMMUNISTS!
LLS
This is an awesome responsibility for anyone who runs against the Democrat Socialists and I just pray our nominee realizes, accepts and effectively steps up to that responsibility.
whores.
Yes indeed... that too!
LLS
Once we remove Union-requirements to Public Works (let alone get Unions OUT OF PUBLIC SECTOR EMPLOYEE WORKFORCES), we will magically see the cost of Government go down, we can get rid of 30% or more of useless employees (Seniority protects them, even when they are slugs).
The Tea Party is a great grass roots rebellion against suffocating redistributing nanny government until it gets elected then it is an enthusiastic participant in suffocating redistributing nanny government. We have crossed the line. The Total State is no longer preventable. I don’t think it can even be delayed any more.
THE 537 PARTY
The only platform is: Replace every current congress person (435 of them), senator (100 of them), president and vice president(the other two) and start over. It will fall upon the new replacements to get rid of the current crop of judges.
I belong to the 357 Party.
or maybe RINO Day! ...bend over Conservatives, over & over again, day after day!
The nightmare never ends.
Hopefully it won’t come to that, but I am not convinced that it won’t.
FYI - Ohio
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