http://tinyurl.com/b7ep2p
- - - The way Congress and the President have handled the bailout and the stimulus bill amounts to gross irresponsibility. Without adequate hearings, consideration, deliberation and debate they are blindly embarking on a trillion dollar fiasco, and they haven't even bothered to communicate what they are doing to the public. All of Mr. Obama's talk of transparency and openness is just one more piece of information proving that Mr. Obama is a fraud, a phony, a faker and a hypocrite. In the style of a con man and rip-off artist, he is giving the standard pitch that you've go to do this immediately or the sky will fall. It is the typical con man scenario that I've reported on for decades as a consumer reporter. This political process is the fourth of the four deficits discussed each in a separate chapter in the book: The budget deficit, the savings deficit, the trade deficit and the leadership deficit. The leadership deficit may be the key to eliminating the other deficits. Paul O'Neil, former secretary of the Treasury under President George W. Bush, writes: "After the second World War we started running budget surpluses and did that through the 1950s and into 1960. Only in the past 40 years or so have we accepted that it is a bipartisan thing not to have fiscal discipline." As one expert put it, we've got a big-government-spending program and a small government-taxing program. That means deficits as far as the eye can see, and perhaps beyond that. And this disastrous picture is only getting worse. - - - Actually the terrorists now are our leaders telling us that we must assent to a $1 trillion porkapaloosa and a $2 trillion lifeline to corrupt bankers that has zero chance of reviving the economy, but all the chance in the world of creating new monstrous bureaucracies and lots of inflation, in order to be rescued from immanent catastrophe. It's extortion, pure and simple, to serve their political needs, not our financial needs. - Bob _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
