Today, President Obama held a summit of sorts. A FISCAL RESPONSIBILITY summit. We (our government) are NOW going to “Pay as we go”. Isn’t that a bit like closing the barn door AFTER all the livestock escapes? Congress just passed and the president himself just signed an 800 Billion dollar “economic stimulus package” that reads more like 800 Billion dollars in pet pork projects. And NOW the president wants to get serious about controlling spending.
You can’t make this stuff up.
So, the bailouts are expanding …. Now the financial crisis has spilt over into the mortgage world … and John Q. Deadbeat is in Congressional sights …. They have put us all on notice that no good deed shall go unpunished …. and no irresponsibility shall go unrewarded…
Add to that the fact that some are advocating armed resistance should the occupants of a foreclosed property be evicted … And so the battle shall begin.
I heard some people talking on the local talk radio show the other morning … Way to go guys, to get the points out that we Kentuckians who are conservative and gun owners: a) believe that there is a new world order type conspiracy, and that the federal bureaucracy is building concentration camps for us non-compliant types … and b) people will be running “naked in the streets” …. (He ACTUALLY said that on a talk radio show) …
Anyone who knows me knows that I FIRMLY believe that the Second Amendment is there to ensure all the others, but COME ON GUYS … don’t make all of us pro-gun people look like the stereotypical tinfoil hat gun nut …
I can’t resist writing this brief post. Both the NBC Today Show crew AND the president are making the Republicans into the bad guys, the REASON this bill is not going through …. That their opposition is keeping his stimulus package from passing both the house and the senate …
Ummm Matt and crew, and Mr President… Last time I heard, the Democrats held a significant majority in BOTH houses. Don’t say that the MINORITY is the reason the package isn’t passing.
Let it be known, here and now. Anyone of my representatives who votes FOR any stimulus package will NOT be getting my vote.
It just appalls me that the discussion has turned from “should government be involved” to “how much can we spend?”.
Watching president Obama during his press conference, I see alot of change … Change in Obama’s outlook on what should be done regarding those things he railed against while campaigning against the Bush administration. Change in his speaking prowess. Change in his attitude. When he first took office, he said he was welcome to any and all ideas on what to do about the economy. Tonight, he SAYS he’ll welcome input, but then proceeded to smack down any ideas other than passing the stimulus package as either only idealistic or just plain wrong. He is convinced that the government MUST do something, and anyone who feels otherwise is wrong.
When asked about overspending getting us into this mess, he corrected the reporter, saying that Banks, taking on excessive risk, is what got us into this mess … Well, he’s right, but so is the reporter. Banks loaned money to people they either KNEW or SHOULD HAVE KNOWN would have no ability to repay. Mortgage lenders had terms like NINJA loans … that they approved… (NINJA = No Income No Job Applicants)
He did alot of stammering. He did alot of tap dancing around some issues, almost to the point where I couldn’t follow what he said (his answer regarding nuclear weapons in the middle east, for example).
We’ll see how things pan out …