Thread: Stimulus Sham

The shams are piling up. The so-called stimulus package is the latest, following close behind its predecessor the bail-out.

Before FDR, when federal spending was less than 4%, the population understood wealth creation because it understood that government was strictly a parasite that had no money of its own.

The selection of jobs was far more limited and appreciated, because the general population lived much closer to wealth creation in those days.

The Constitution protected us from the confiscation of wealth by government before the income tax in 1913, a tax which was passed with very serious deception on the public.
Without thinking about it the population knew all wealth creation came from the private sector.

As that reality has been obscured, we have evolved into believing that when states send far too much of their income to the Washington Jobs Factory in which each job costs literally 2x as much as employee total compensation in the private sector, this will "put people back to work."

They do create jobs of incredibly inefficient programs and bureaucracies,
and construction jobs that are too often the equivalent of constructing new buildings then tearing them down, i.e. the jobs created have a long term effect of reducing wealth for the general population.
When states receive a far smaller portion of revenues back, than the amount sent to Washington D.C., they are reducing wealth in the overall economy and to that state, unless there is a clear benefit to the nation as a whole such as the national highway system, expanded under President Eisenhower.

Now the Democrat Party which exists to make us more dependent on government, is gleeful over a possible $825 billion dollars to get 3 to 4 million new votes.

As usual the bulk of the money will go to the districts of the most powerful committee chairmen, who have achieved their seniority position from public dedication to the redistribution of others' earnings.

What's bad for America is good for Democrats.

read your post very nicely done... but your last line in my opinion should read whats bad for america is good for POLITICIANS...

Wingrider said

read your post very nicely done... but your last line in my opinion should read whats bad for america is good for POLITICIANS...

Thank you for the comment.

Your point is well taken

Thoughtful replies like yours, are not very frequent.

The nanny-state crowd gets very angry, especially with facts and often starts hurling "shoot from the hip" comments while not addressing facts.

I believe though that most Republicans voted against the bailout and most want a stimulus that will lower the cost of capital without which, no wealth will be created.

Republicans under George Bush went along with his spending madness for 6 years, so as you say, there is guilt from politicians of both parties.

they all say they are doing this to protect our civil liberties and freedoms but in reality they are passing laws everyday that negate their rhetoric

We adress facts when there are facts involved Camlow, not mindless Reaganite rhetoric.

and what was not factual on the op.. history itself bears it out

Great Post! These days everyone expects a handout from the government and no one feels like being self reliant and creating their own wealth.

Originally Posted by Camlow

Wingrider said
Thank you for the comment.

Your point is well taken

Thoughtful replies like yours, are not very frequent.

The nanny-state crowd gets very angry, especially with facts and often starts hurling "shoot from the hip" comments while not addressing facts.

I believe though that most Republicans voted against the bailout and most want a stimulus that will lower the cost of capital without which, no wealth will be created.

Republicans under George Bush went along with his spending madness for 6 years, so as you say, there is guilt from politicians of both parties.

The Repubs in the house did, them McCain fixed them. I often wonder what strings he had to pull, and I was expecting some dirt to fall on a sacrificial lamb. The entire history of the bailout has me so mad that some days I just want to scream. Now they have the "second half", odd that, 8.5 trillion was not enough. Next month there will be an entire new bail out, and the same sales pitch for the last one is the same sales pitch for the new. Now I am going to piss you off........

Report Finds Major U.S. Companies Have Offshore Tax Havens

Do not even try to tell me that the government did not know of this, hell they tap everything, and they let this continue. I wonder who spilled the beans, MadeOff mayhap?

Originally Posted by wingrider

and what was not factual on the op.. history itself bears it out

What, that FDR's policies led to an amazing economic recovery and similar policies have managed to push Western European nations to the forefront of social enlightenment?

The government is an instrument of the people, and all wealth is also a product of the people. The income tax laws came about entirely through Constitutional means as well.

nice find mike... now we know where the uncounted for bailout money went