Monday, July 13, 2009

A Second Stimulus!

The Obama Administration was actually contemplating additional stimulus! They were claiming that the last one wasn't enough. $787B wasn't enough? Give us a break!. On Saturday the President announced that a second stimulus won't be necessary. Finally some sensibility, but only because the public was miffed at even the suggestion of more stimulus.



The Federal Government is waging a war on Capitalism. And, they're doing it all in the name of "helping us". Well, how's that other stimulus bill working for us?



Meanwhile, the Treasury now has to roll-over $2T every year, with the average duration being four years. In other words, the Treasury is borrowing short, and spending long. (This should work out well.)

More:
Saving Liberty
WSJ: Economists Say No to a Second Stimulus




 

 

Recently ...

 


 

GraniteGrok

NH Tea Party Coalition

Days at Mt. Prospect

The Tea Party Economist

The American Conservative

Le·gal In·sur·rec·tion - William A. Jacobson

Michelle Malkin

Fraud, What Fraud?

Trains, Planes and the TSA

 

Big Government

Intolerable Consent

Opinion & Analysis

HSLDA | Top Stories

Serious Medicine Strategy

Big Peace

Climate Depot

AccuWeather.com Climate Change

Observations From Elsewhere