“You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation. You cannot multiply wealth by dividing it.”
~~ The late Dr. Adrian Rogers
Clearly the ‘Washington Wingnuts’ have forgot just who pays their over inflated salaries.
I just emailed a friend that daily when I boot my laptop I feel like a deer hunter with a stampeding herd of bucks headed my way and do not know which I need for dinner. The government has more crap going on than the proverbial Christmas Goose.
Chuck Schumer on the Senate floor Tuesday was quick to malign the public for burning the telephone wires to a frazzle over the PORK FILLED bill trudging to completion so it can serve as the next “OBAMA PHOTO OP” for the slobbering masses. While the ‘midget minded’ San Fran Nan insists there are NO ‘pet projects or ear marks’. I am not sure who is the parrot Obama or Pelosi on this issue. It does not matter except clearly both think the population is below stupid to believe either one of them.
We the people are now relegated to the ‘chattering class’ which sort of reminds me of the comment ‘let them eat cake’ uttered by Marie-Antoinette before she was marched to the guillotine.
Daily it is more clear this renegade government feels they are comfortable thieves in charge.
This tiny trillion? What can they be thinking. How about a resounding THEY ARE NOT. I suppose the next thing that comes to mind is do they have the capability to put more than one THINKING word together in order to form a sentence. PROBABLY NOT!
Obama asks “what’s wrong with replacing the government fleet of cars with new green ones”?
Gee how about the GOVERNMENT IS BROKE? Or fine fund it out of your OWN POCKET … in fact pass the collection plate starting with Pelosi, Reid, Dodd, Frank and anyone else thinking this is a stunningly great idea? Maybe ask Geitner and Daschel to kick in the penalties they both WERE NOT REQUIRED OR FAILED to pay on their little tax frauds?
Let’s see what we still have:
$300 million for new “green” golf carts for government workers … now that is certainly a must have while the private sector scrambles for their next scrambled egg for the family.
The Los Angeles-to-Las Vegas magnetic levitation train … Harry Reid’s PET PROJECT … is defined as what now? Oh I get it an emergency solution to the problem at hand … you know the loss of jobs, homes and food?
$1 billion was added back for Prevention & Wellness Programs, including STD education.
Is it becoming evident here these politicians are tossing around BILLIONS OF OUR MONEY as if it were nothing.
I say today and will continue to say. WE THE PEOPLE need to apply some BEHAVIOR MODIFICATION here.
INSIST those who think up this PORK fund it themselves out of their very own pockets starting with OBAMA himself.
Take a look at this little snip from Chuck Schumer on the stimulus.
At what point did Schumer fall out of the loop? Is he simply deluded or somehow has he failed to notice the majority of people in the USA DO NOT WANT THIS PACKAGE!
A friend sent this my way and since daily there is so much graft and corruption in the world I thought this might be a nice break.
I am a little behind the times politically today and maybe that is a good thing. I did take the time to watch Barack Obama deliver his first press conference. I tried the best I could to listen as an ordinary citizen (of which I would normally claim to be). ONLY today I have made the effort to be a ‘better informed citizen’ spending hours reading the constitution, pouring through economy sites and many other reference sites to try and figure out what lies ahead of us as a people in the USA and the world.
First things first. Trying objectively to listen to what Obama had to say as a citizen I thought BRAVO! This is exactly what the average citizen wants to hear. It had hope, drive, determination and optimism to get HIS JOB DONE.
I am a fairly savvy internet woman. I know what drives the internet and must say SOMEONE taught Obama well. I do not for one moment think he picked this up on his own. He is an excellent speaker (providing he is well prepped) and has a calm demeanor of authority.
What I also noticed were the stress line in his face. It is easy to see he is NOT AT ALL HAPPY with the turn of events these last couple of weeks. He emphasized more than once he inherited this problem which is true. However insinuating the Republicans (or opposition) is at fault is blatantly false.
Anyone with over a gnats brain capacity understands the forcing of the banks to loan housing money to people not qualified was the first domino pushed over in this current crisis. Who is to blame there? I would say just about everyone on both sides of the isle.
I can easily see how the average Joe who is busy fighting for the next house payment, dinner on the table for his 2 kids, wife, dog and cat could easily be seduced into a false calm. YES THE GOVERNMENT is the only one who can fix this.
Once the dust settled and my ‘ordinary citizen’ mindset lifted and ‘logic, reality and common sense’ crept back in I found myself saying HOGWASH!
THIS CAN NOT WORK. It does not take rocket science. Are not these people smart enough to understand this?
The answers are these:
1. Yes they do.
2. No they don’t
3. They do not care.
All of those answers make everyone supporting this particular bill a governmental FLOP.
None of those bode well for the USA citizen … NONE of us.
This is the bottom line.
I have always considered myself a share the wealth spender … meaning I kept my money churning … buy, buy, buy … whatever, whenever, wherever. Need it or not. I AM NOT RICH … probably as average as anyone. My husband says I am witless where money is concerned. From his perspective (the very conservative investor) he is absolutely right.
I want to scream at Obama … don’t you get it you half-wit? (I know name calling is not very nice but it is what I feel)
I as a citizen who is very free to spend … I REFUSE TO SPEND ONE DIME on anything but a necessity for now.
I DO NOT TRUST YOU!
I DO NOT TRUST THE BANKS!
I CERTAINLY DO NOT TRUST THE STOCK MARKET!
Now maybe it would be wise to understand that one grandmother may not be a bother to you and your stimulus want/need … but there are millions of us out here who think JUST LIKE ME.
I trust one thing … ME … MY ABILITY TO SURVIVE IN SPITE OF YOU!
I only hope there are enough of ME’s out there to withstand, kick, scream and stop you in orchestrating our destruction.
The biggest obstacle we (like me) face is the disbelief and denial that any of this could happen here in the USA.
Wake up folks … you are seeing this (up close and personal) for the first time on this level in our history.
If “we the people” do not quell this socialistic take over then none of us have anyone to blame but ourselves.
Here is what you face.
THERE ARE NOT going to be CREATED EVEN 500,000 jobs in the next few months. Instead you will see MORE SOUND SOLID business fail. What is passed so far WILL NOT create jobs immediately. We are no longer a nation creating much of anything. We are at the mercy of China, Mexico and any number of other countries for a good part of our food.
What is going to happen when those shortages begin to happen?
You think it can not happen here to us in the USA?
Well think again!
My brother said something interesting the other day.
“People think I am crazy for preparing for the worst … I tell them I would rather be prepared and nothing happen than have it happen and be stuck.”
Have you all considered maybe the WORST never visits those prepared?
The worst of what is happening here is NOT how indebted our children and grandchildren are going to be when this is all over.
THE WORST IS OUR GOVERNMENT IS RUNNING RENEGADE AGAINST 67% WILL OF THE PEOPLE AND NO ONE IN THE GOVERNMENT IS PAYING CARES.
Recently with the fourth bail out remember stimulus checks, $300 billion for housing, $700 billion for banks, of 900 billion or whatever it was Obama and his talking heads have been saying credible economist support the bail out course of action. To quote Mr. Obama “economists from across the political spectrum agree” on the need for massive government spending to stimulate the economy.
Nothing could be further from the truth. What Mr. Obama should have said was “economists on the government and democratic party payroll overwhelmingly support my redistribution of wealth and the march towards a combination of fascism and socialism as practiced by Hitler in the 1930’s.” I don’t know what schools these supposed economist went to but it wasn’t the University of Central Florida. Every economist I have read of recent times supports free trade and free markets.
There are some notable exceptions like fascist Paul Krugman of the New York Times, 2008 Nobel Prize recipient who supports government edicts from above telling industry what and how to produce things. Similar to the former USSR and their infamous five year economic plans. Yea Paul those five year plans were a smashing success weren’t they? Last time I checked Paul the USSR was out of business permanently. Environmental economists support socialism, fascism and communism because they know it retards and stunts economic growth and reduces man’s influence over the environment. It also has the added benefit of enslaving the human population to certain geographical areas so the animals of the world will not be intruded upon by humans. And as any economist will tell you retarded economic growth means fewer babies born. Well with the exception of Africa and other tribal regions of the world where indoor plumbing is a luxury. But with the exception of Krugman and people against humans pretty much all economist support liberty and freedom.
Now thanks to the CATO Institute we have full page ads in paper all around the country protesting Obama’s bail out plan and the march towards fascist socialism practiced by Hitler. People forget Hitler was a socialist first and a fascist second. Hitler realized that he needed private industry to carry out his plans of world domination. Private industry realized they could get very rich currying favor with the mad man. Mercedes Benz was the most famous benefactor of this relationship but there were many others making millions off the spoils of the dictator. So who do we see in the white house these days? None other than Jeffery Immelt current CEO of General electric. The genius that has seen his stock drop 68% under his tenure and kept his shop opened to Iran while that country was killing US servicemen. The first fascist to step forward into our new age of darkness. And how appropriate he actually helped the terrorist in killing US servicemen. Mr. Obama must be quite impressed with his dedication and service towards destroying America. If you can stand the stink GE stock would be a pretty good buy these days. Just don’t hold it to long. Eventually Mercedes stock toke a nose dive along with the Third Reich.
Thank you CATO you have been my hero for many years, with the exception of foreign policy of course.
Below is a list of economist who publicly disagree with Obama and his economic policies.
“There is no disagreement that we need action by our government, a recovery plan that will jumpstart the economy” President Obama 1/9/09.
With all due respect Mr. President, that is not true. There is no disagreement that we need action by our government, a recovery plan that will help to jump start the economy.
Notwithstanding reports that all economists are now Keynesian’s and that we all support a big increase in the burden of government, we the undersigned do not believe that more government spending is a way to improve economic performance.
More government spending by Hoover and Roosevelt did not pull the United States economy out of the Great Depression in the 1930s. More government spending did not solve Japan’s “lost decade” in the 1990s. As such, it is a triumph of hope over experience to believe that more government spending will help the U.S. today. To improve the economy, policy makers should focus on reforms that remove impediments to work, saving, investment and production. Lower tax rates and a reduction in the burden of government are the best ways of using fiscal policy to boost growth.
BURTON ABRAMS, Univ. of Delaware
DOUGLAS ADIE, Ohio University
LEE ADKINS, Oklahoma State University
WILLIAM ALBRECHT, Univ. of Iowa
RYAN AMACHER, Univ. of Texas at Arlington
J.J.ARIAS, Georgia College & State University
HOWARD BAETJER, JR., Towson University
CHARLES BAIRD, California State University, East Bay
STACIE BECK, Univ. of Delaware
DON BELLANTE, Univ. of South Florida
JAMES BENNETT, George Mason University
BRUCE BENSON, Florida State University
SANJAI BHAGAT, Univ. of Colorado at Boulder
MARK BILS, Univ. of Rochester
ALBERTO BISIN, New York University
WALTER BLOCK, Loyola University New Orleans
CECIL BOHANON, Ball State University
MICHELE BOLDRIN,Washington University in St. Louis
DONALD BOOTH, Chapman University
MICHAEL BORDO, Rutgers University
SAMUEL BOSTAPH, Univ. of Dallas
DONALD BOUDREAUX, George Mason University
SCOTT BRADFORD, Brigham Young University
GENEVIEVE BRIAND, Eastern Washington University
IVAN BRICK, Rutgers University
GEORGE BROWER, Moravian College
PHILLIP BRYSON, Brigham Young University
JAMES BUCHANAN, Nobel laureate
RICHARD BURDEKIN, Claremont McKenna College
RICHARD BURKHAUSER, Cornell University
EDWIN T. BURTON, Univ. of Virginia
JIM BUTKIEWICZ, Univ. of Delaware
HENRY BUTLER, Northwestern University
WILLIAM BUTOS, Trinity College
PETER CALCAGNO, College of Charleston
BRYAN CAPLAN, George Mason University
ART CARDEN, Rhodes College
JAMES CARDON, Brigham Young University
DUSTIN CHAMBERS, Salisbury University
EMILY CHAMLEE-WRIGHT, Beloit College
V.V. CHARI, Univ. of Minnesota
BARRY CHISWICK, Univ. of Illinois at Chicago
LAWRENCE CIMA, John Carroll University
J.R. CLARK, Univ. of Tennessee at Chattanooga
GIAN LUCA CLEMENTI, New York University
R.MORRIS COATS, Nicholls State University
JOHN COCHRAN, Metropolitan State College at Denver
JOHN COCHRANE, Univ. of Chicago
JOHN COGAN, Hoover Institution, Stanford University
LLOYD COHEN, George Mason University
JOHN COLEMAN, Duke University
BOYD COLLIER, Tarleton State University
ROBERT COLLINGE, Univ. of Texas at San Antonio
PETER COLWELL, Univ. of Illinois at Urbana-Champaign
MICHAEL CONNOLLY, Univ. of Miami
LEE COPPOCK, Univ. of Virginia
MARIO CRUCINI, Vanderbilt University
CHRISTOPHER CULP, Univ. of Chicago
KIRBY CUNDIFF, Northeastern State University
ANTONY DAVIES, Duquesne University
JOHN DAWSON, Appalachian State University
A. EDWARD DAY, Univ. of Texas at Dallas
CLARENCE DEITSCH, Ball State University
ALLAN DESERPA, Arizona State University
WILLIAM DEWALD, Ohio State University
ARTHUR DIAMOND, JR., Univ. of Nebraska at Omaha
JOHN DOBRA, Univ. of Nevada, Reno
JAMES DORN, Towson University
CHRISTOPHER DOUGLAS, Univ. of Michigan, Flint
FLOYD DUNCAN, Virginia Military Institute
FRANCIS EGAN, Trinity College
JOHN EGGER, Towson University
KENNETH ELZINGA, Univ. of Virginia
PAUL EVANS, Ohio State University
FRANK FALERO, California State University, Bakersfield
EUGENE FAMA, Univ. of Chicago
W. KEN FARR, Georgia College & State University
DANIEL FEENBERG, National Bureau
of Economic Research
HARTMUT FISCHER, Univ. of San Francisco
ERIC FISHER, California State Polytechnic University
FRED FOLDVARY, Santa Clara University
MURRAY FRANK, Univ. of Minnesota
PETER FRANK,Wingate University
TIMOTHY FUERST, Bowling Green State University
B. DELWORTH GARDNER, Brigham Young University
JOHN GAREN, Univ. of Kentucky
RICK GEDDES, Cornell University
AARON GELLMAN, Northwestern University
WILLIAM GERDES, Clarke College
JOSEPH GIACALONE, St. John’s University
MICHAEL GIBBS, Univ. of Chicago
OTIS GILLEY, Louisiana Tech University
STEPHAN GOHMANN, Univ. of Louisville
RODOLFO GONZALEZ, San Jose State University
RICHARD GORDON, Penn State University
PETER GORDON, Univ. of Southern California
ERNIE GOSS, Creighton University
PAUL GREGORY, Univ. of Houston
EARL GRINOLS, Baylor University
DANIEL GROPPER, Auburn University
R.W. HAFER, Southern Illinois University, Edwardsville
ARTHUR HALL, Univ. of Kansas
STEVE HANKE, Johns Hopkins University
STEPHEN HAPPEL, Arizona State University
RICHARD HART, Miami University
THOMAS HAZLETT, George Mason University
FRANK HEFNER, College of Charleston
SCOTT HEIN, Texas Tech University
RONALD HEINER, George Mason University
DAVID HENDERSON, Hoover Institution,
ROBERT HERREN, North Dakota State University
GAILEN HITE, Columbia University
STEVEN HORWITZ, St. Lawrence University
DANIEL HOUSER, George Mason University
JOHN HOWE, Univ. of Missouri, Columbia
JEFFREY HUMMEL, San Jose State University
BRUCE HUTCHINSON, Univ. of Tennessee at Chattanooga
BRIAN JACOBSEN,Wisconsin Lutheran College
SHERRY JARRELL,Wake Forest University
JASON JOHNSTON, Univ. of Pennsylvania
BOYAN JOVANOVIC, New York University
JONATHAN KARPOFF, Univ. of Washington
BARRY KEATING, Univ. of Notre Dame
NAVEEN KHANNA, Michigan State University
NICHOLAS KIEFER, Cornell University
DANIEL KLEIN, George Mason University
PAUL KOCH, Univ. of Kansas
NARAYANA KOCHERLAKOTA, Univ. of Minnesota
MAREK KOLAR, Delta College
ROGER KOPPL, Fairleigh Dickinson University
KISHORE KULKARNI, Metropolitan
State College of Denver
DEEPAK LAL, UCLA
GEORGE LANGELETT, South Dakota State University
JAMES LARRIVIERE, Spring Hill College
ROBERT LAWSON, Auburn University
JOHN LEVENDIS, Loyola University New Orleans
DAVID LEVINE,Washington University in St. Louis
PETER LEWIN, Univ. of Texas at Dallas
W. CRIS LEWIS, Utah State University
DEAN LILLARD, Cornell University
ZHENG LIU, Emory University
ALAN LOCKARD, Binghampton University
EDWARD LOPEZ, San Jose State University
JOHN R. LOTT, Jr., Univ. of Maryland
JOHN LUNN, Hope College
University in St. Louis
HENRY MANNE, George Mason University
MICHAEL MARLOW, California
Polytechnic State University
DERYL MARTIN, Tennessee Tech University
DALE MATCHECK, Northwood University
JOHN MATSUSAKA, Univ. of Southern California
THOMAS MAYOR, Univ. of Houston
DEIRDRE MCCLOSKEY, University of Illinois at Chicago
JOHN MCDERMOTT, Univ. of South Carolina
JOSEPH MCGARRITY, Univ. of Central Arkansas
ROGER MEINERS, Univ. of Texas at Arlington
ALLAN MELTZER, Carnegie Mellon University
JOHN MERRIFIELD, Univ. of Texas at San Antonio
JAMES MILLER III, George Mason University
JEFFREY MIRON, Harvard University
THOMAS MOELLER, Texas Christian University
JOHN MOORHOUSE,Wake Forest University
ANDREA MORO, Vanderbilt University
ANDREW MORRISS, Univ. of Illinois
MICHAEL MUNGER, Duke University
KEVIN MURPHY, Univ. of Southern California
DAVID MUSTARD, Univ. of Georgia
RICHARD MUTH, Emory University
CHARLES NELSON, Univ. of Washington
WILLIAM NISKANEN, Cato Institute
SETH NORTON, Wheaton College
LEE OHANIAN, UCLA
LYDIA ORTEGA, San Jose State University
EVAN OSBORNE, Wright State University
RANDALL PARKER, East Carolina University
ALLEN PARKMAN, Univ. of New Mexico
DONALD PARSONS, George Washington University
SAM PELTZMAN, Univ. of Chicago
TIMOTHY PERRI, Appalachian State University
MARK PERRY, Univ. of Michigan, Flint
CHRISTOPHER PHELAN, Univ. of Minnesota
GORDON PHILLIPS, Univ. of Maryland
MICHAEL PIPPENGER, Univ. of Alaska, Fairbanks
TOMASZ PISKORSKI, Columbia University
BRENNAN PLATT, Brigham Young University
JOSEPH POMYKALA, Towson University
WILLIAM POOLE, Univ. of Delaware
BARRY POULSON, Univ. of Colorado at Boulder
BENJAMIN POWELL, Suffolk University
EDWARD PRESCOTT, Nobel laureate
GARY QUINLIVAN, Saint Vincent College
REZA RAMAZANI, Saint Michael’s College
ADRIANO RAMPINI, Duke University
ERIC RASMUSEN, Indiana University
MARIO RIZZO, New York University
NANCY ROBERTS, Arizona State University
RICHARD ROLL, UCLA
ROBERT ROSSANA,Wayne State University
JAMES ROUMASSET, Univ. of Hawaii at Manoa
JOHN ROWE, Univ. of South Florida
CHARLES ROWLEY, George Mason University
JUAN RUBIO-RAMIREZ, Duke University
ROY RUFFIN, Univ. of Houston
KEVIN SALYER, Univ. of California, Davis
THOMAS SAVING, Texas A&M University
PAVEL SAVOR, Univ. of Pennsylvania
RONALD SCHMIDT, Univ. of Rochester
CARLOS SEIGLIE, Rutgers University
ALAN SHAPIRO, Univ. of Southern California
WILLIAM SHUGHART II, Univ. of Mississippi
CHARLES SKIPTON, Univ. of Tampa
JAMES SMITH,Western Carolina University
VERNON SMITH, Nobel laureate
LAWRENCE SOUTHWICK, JR., Univ. at Buffalo
DEAN STANSEL, Florida Gulf Coast University
HOUSTON STOKES, Univ. of Illinois at Chicago
BRIAN STROW,Western Kentucky University
SHIRLEY SVORNY, California State
JOHN TATOM, Indiana State University
WADE THOMAS, State University
of New York at Oneonta
HENRY THOMPSON, Auburn University
ALEX TOKAREV, The King’s College
EDWARD TOWER, Duke University
LEO TROY, Rutgers University
WILLIAM TRUMBULL,West Virginia University
DAVID TUERCK, Suffolk University
CHARLOTTE TWIGHT, Boise State University
KAMAL UPADHYAYA, Univ. of New Haven
CHARLES UPTON, Kent State University
T. NORMANVAN COTT, Ball State University
RICHARDVEDDER, Ohio University
RICHARDWAGNER, George Mason University
DOUGLAS M.WALKER, College of Charleston
DOUGLAS O.WALKER, Regent University
MARCWEIDENMIER, Claremont McKenna College
ROBERTWHAPLES,Wake Forest University
LAWRENCEWHITE, Univ. of Missouri at St. Louis
WALTERWILLIAMS, George Mason University
DOUGWILLS, Univ. of Washington Tacoma
DENNISWILSON,Western Kentucky University
GARYWOLFRAM, Hillsdale College
HUIZHONG ZHOU,Western Michigan University
PA I D F O R B Y T H E CAT O I N S T I T U T E , WWW. CAT O . O R G