Posted on 07/08/2009 11:46:04 AM PDT by RobinMasters
This morning, Michael Gerson of the Washington Post compares President Obama to the captain of the Titanic minutes before his ship sunk. He also acknowledges that stimulus spending isn't stimulating (there is more and more of that in the page if the Post):
The stimulus package hasn't been very stimulating — as many economists predicted. Pouring money into the economy through a thirsty sponge of federal programs — the preferred method of Congress — is slow and inefficient. In retrospect, all of the stimulus funds should have been given to individuals directly from the tap.
(Excerpt) Read more at corner.nationalreview.com ...
BO - "What iceberg?"
The problem was debt. They knew that. And they borrowed money in an effort to get out of debt. You can't be that dumb. It's deliberate destruction.
This idea of “stimulus” is akin to taking corn from farmers, and feeding them by putting it in the supermarket.
...back in the day, the crew of the Titanic tried to steer clear of it....
Today? President Obama's order would be...
Full Speed Ahead!
“...BO - “What iceBERG?” ....”
Reverend Wright...”I always told you those Jews were trouble...”
OT: Since John Harris (Blago’s Chief of Staff), has pleaded guilty to selling the senate seat, I thought some may want to reacquaint themselves with the family and relations to the O:
I suggest these neglected must reads (spread them around again please:
(As you read count the indictments and guilty pleas re: individuals)
lol....witty :)
PBO plays his iPod while the deck chairs of the ship the USA are like the Titanic are being rearanged.
Even Colin Powell is abandoning this spending frenzy.
Powell might be useful in the way canaries in mines were useful. When Powell, a centrist, objects . . . perhaps that is a sign that middle America. . . those precious swing votes . . . is swinging back to fiscal reality.
Powell sticks his finger in the air each morning to see which way the wind is blowing.
He will fiddle while his country implodes around him...
...can't believe what has already become of our country.
- Rev. Wright
Now the Snake Oil King can enter stage Left with the pronouncement "...we need another stimulus package". Hey!You have been warned....did you get that? He just hours ago, sent Harry Reid forth to proclaim there would be no more stimulus package.....Now you understand Switch & Bait 101. Or Saul Alinsky's "keep them off balance...."
Obama lies and lies and lies and lies....wonder what the Kid gave away in Russia......
Or, as Churchill put it: "For a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle."
Apologize for the torpedoes. Full speed ahead.
Steyn sat in for Rush today and was absolutely “fab”! I can say that about Steyn, right?
The sad news is that everything that he said is right on; whether by plan or by sheer stupidity, Obama and his ilk in the house are going to absolutely destroy our economy.
Heck, if the WaPo is reporting this. I am that much more afraid of the news!
It would of had an instantaneous and massive impact on the economy and spending in general.
LOL! Those iceBERGs are sneaky ba$tards.....
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