Just so you can sleep badly at night, This whole thing Obama has just done dooms us

Stimulus Bill Is a Disaster

Dark days are ahead for America, and the tragic part of it all is that it could have been prevented. Our government has gotten us into this economic crisis, and now they think they are the ones who can get us out of it. They should all be flogged for the mess they have made of our economy.

It was Democratic policies of forcing banks and other lending institutions to lend money to individuals who they knew lacked the resources to make their payments, all for the sake of fairness, that started this mess. It doesn’t seem too fair to those of us who played by the rules and did not get in over our heads and faithfully met our payments each month; now, we suffer right along with those who indulged in greed.

This stimulus bill is not the answer to our financial woes. But, it will grow bigger government--the ultimate goal of liberals. Power, power, and more power.

Of course, Obama, Pelosi, and Reid recognize that the porkulus bill is just that, and that it is doomed for failure. They just plain do not care about the American people. If it was such an all-fired good piece of legislation, why would they want the Republicans’ name on it? Since when do they want to share the credit for success? The dirty little secret is that they want Republicans on their side so when this bill bombs they can share the heat.

Read what a Harvard economist has to say about the stimulus disaster, via The Patriot Room:
http://patriotroom.com/article/harvard-economist-stimulus-is-probably-the-worst-bill-that-has-been-put-forward-since-the-1930s

Harvard Economist: "Stimulus is probably the worst bill that has been put forward since the 1930s"

“Considering that a lot of bills have been put forward by Congress in the last 70 years, this is really saying something.
Dr. Robert Barro is one of the most influential economists in the world.
http://en.wikipedia.org/wiki/Robert_J._Barro

From The Atlantic via Stephen Spruiell at The Corner, who got it from Will Wilkinson.
http://business.theatlantic.com/2009/02/an_interview_with_robert_barro.php
http://corner.nationalreview.com/post/?q=YWM2ZmZkNGQxMTk1NWRhZTdiMjRhZmJhZjE1MzAzNzA=
http://www.willwilkinson.net/flybottle/2009/02/06/the-passionate-politics-of-paul-krugmans-apolitical-economics/

‘This is probably the worst bill that has been put forward since the 1930s. I don't know what to say. I mean it's wasting a tremendous amount of money. It has some simplistic theory that I don't think will work, so I don't think the expenditure stuff is going to have the intended effect. I don't think it will expand the economy. And the tax cutting isn't really geared toward incentives. It's not really geared to lowering tax rates; it's more along the lines of throwing money at people. On both sides I think it's garbage. So in terms of balance between the two it doesn't really matter that much.’

It is common knowledge that the Kennedy, Reagan, and Bush (43) tax cuts spurred the economy back into shape. By contrast, the FDR spendfest in the 1930's, as well as attempts in Japan and Argentina to spend their way out of recessions did nothing. These are proven (and disproven) models.
http://www.atr.org/content/html/2009/feb/020909pr-growing_the_economy_three_models.html

Obama's combination of mega-spending and (welfare payments) tax rebates to people who don't pay taxes (as opposed to cuts in the tax rate), are a double-whammy of pure Socialist folly.
One keen Democrat notes that this is neither a stimulus bill nor a pork bill. It is actually a permanent Democrat patronage bill, designed to create an army of people beholden to the Democrat Party for decades to come.
http://directorblue.blogspot.com/2009/02/smoking-gun-caller-explains-stimulus-as.html

And yet Obama bleats on with The Big Lie that the economy is in the worst shape since the Great Depression.
http://www.usatoday.com/news/washington/2009-02-09-obama-elkhart_N.htm
http://www.reuters.com/article/governmentFilingsNews/idUSN0749084220081008
http://therealrevo.com/blog/?p=2934

This lie is so easily disproved, and yet (surprise!) the MSM won't call him on it. Jammie Wearing Fool via Gateway Pundit has a little graphic that shows that, far from the worst economy since the Great Depression, our economic situation isn't even nearly as bad as downturns in the 1970's and 1980's.
http://jammiewearingfool.blogspot.com/2009/02/enough-with-doom-and-gloom-its.html
http://gatewaypundit.blogspot.com/2009/02/obama-predicts-doom-if-trillion-dollar.html



The Big Lie is that Obama knows this and yet deliberately uses phony numbers and rhetoric to pass a bill that may itself cause a depression.
http://conservativeforchange.blogspot.com/2009/02/ptere-schiff-says-stimulus-to-cause.html

Change we can believe in?”