If you are talking about the TARP plan, that was not a stimulus package. It was supposed to be a cure for the mortgage mess and to shore up the credit markets. It was also a sham, but to say Republicans were hopping on board is not true. Yeah some of them merely go along for the ride, and are no different than Democrats, but there is a small group of committed fiscal Republicans who resisted that bill also.
Look, I'm not talking making a political case, that the Dems under Obama got it all wrong and the Republican wizards can show us the way. No, the Republicans are closer to correct but by and large they are also part of the big problem. We need to sweep away all of them and start over.
According to the CBO, even doing nothing the recession ends in 2009.
The pork plan, as large as it is, only releases $109 billion in spending this year according to the Washington Post.
So the question is, why do we need to authorize an extra trillion in spending now, and dole it out over several years? you would think that with all this talk of dire consequences, that this money should be put to work immediately. However most of the money is doled out in 2010. What a shocker! another election bought.
This gets Obama relected. It assures further Democratic gains in 2010. It puts an army of people on the democrats payroll basically. It solidifies and entrenches the one-party rule we have now. Obamas supporters were expecting lots of goodies with his election, and boy will he deliver in a big way.
Its dirty sleazy Chicago style politics, brazen and corrupt. I just hope people wake up and start thinking clearly.
http://directorblue.blogspot.com/200...imulus-as.html