You can put all the lipstick you want on a pig and it is still going to be a pig. We heard then- Democratic candidate Barack Obama make that pronoucement last summer. He is right!
Currently, with the first TARP bailout, the U.S. government is has spent almost one trillion dollars ($1,000,000,000,000.00) of taxpayer money, with approximately eighty billion dollars ($80,000,000,000.00) being wasted and/or unaccounted for.
Now, with the proposed "Economc Stimulus Program", which will probably become law very shortly, the U.S. government is passing a number of programs, under the guise of emergency legislation, which are not expected to provide much stimulus to our economy. But some of these measures will exercise much more control of areas of your life where you probably don't want the government in control. For example, with $58,000,000,000 going to government health care for children, we are taking the first major step to a government run healthcare system. Once we have gotten used to providing health care for every child, is it such a big step to institute paid health care for everyone?!?! Not really!!
There is language inserted in this bill which will greatly regulate free speech in the area of religion and will prohibit federal money from renovating any college facilities that are used by any religious groups, such as the Fellowship of Christian Athletes, and Christian Fellowship ministries, to name a few.
Pet projects, ranging from sodding the National Mall, to building Frisbee golf courses, to redesigning and refurbishing federal offices (and many other projects like this) have been added into a bill which is supposed to produce new, and lasting, jobs for our ailing economy. But, in fact, most of the added projects are little more than political support payoffs to loyal Democratic party members. One Democratic spokesman did concede that there was some waste in the bill, but reckoned the waste was only about 2% or 3% of the bill. Now let's see here, 2% to 3% of an estimated $850 billion would equal the paltry sum of between 17 and 25.5 billion dollars.
How many mortgages could be brought up-to-date with $25,500,000,000.00??? How many poor and/or homeless people could be helped with just the waste in this bill as estimated by the Democratic Party spokesman. And don't forget, this assumes that the waste factor in this bill is only 2 or 3 percent. If it is higher, that amount rises by 8.5 billion dollars for each single percentage point.
It is probably right that something needs to be done for this crisis, but there is a great deal of disagreement on what and how much needs to be done. We all remember the great market crash of 1929. The U.S.A., and the world, were plunged into a global depression that lasted almost a decade. Presidents Hoover, and then Roosevelt, tried all kinds of government programs and threw millions and billions of dollars with little result for almost a decade. Finally, the mobilization of our industries for WWII brought us out of the Great Depression. However, a lesser known but severe economic slump occurred in 1921 and ended in 1923. Our president at that time, Warren G. Harding, opted to cut taxes immediately and reduce spending and this resulted in the economy righting itself in something uner 2 years. Maybe we should allow history to teach us what to do now.
We keep hearing from our government leaders that we can't wait and do nothing, that we must do something now. O.K., assuming that is right, it would seem to me that doing the wrong thing would be worse than doing nothing. Our representatives in the Congress need to take the time to really examine this bill in detail and remove all the pet projects that should not be rammed down our country's collective throat in the name of an emergency!
To our President, Barack Obama, and to all our U.S. Representatives and Senators, I say this to you:
YOU CAN PUT ALL THE LIPSTICK YOU WANT ON THIS PIG THAT THEY CALL THE ECONOMIC STIMULUS BILL AND IT IS STILL GOING TO BE JUST A LOT OF PORK ON THE HOOF!