Hi
Today I am going to give my impression of the so called rescue package which has just been passed. I always thought that rescue means you are getting saved from some sort of a disaster, but this gives new meaning to the word. I only see a dim future where we struggle to pay off excess debt caused by this package, and as a further complication I see the incentive for people to earn more greatly diminished. Why should the industrious work hard when the socialist government takes a bigger share of earnings, I can not think of any reason to do so, can you? This will prove to be a double blow to our economy.
My way of dealing with this situation is to let the greedy CEOs and politicians sweat it out, not bail them out. They made the bed now let them sleep in it. The unions such as the automakers union is just as greedy, I don't see them rushing to cut labor and retirement costs to help out, why should the rest of us pay for their greed. What a mess. The saddest part is that the taxpayer will have to pay. The stimulus bill will only make the situation worse. Already one of the major insurance companies is asking for more money, where does it end?
If that isn't bad enough look at who is running the plan, our good friends Congressman Barney Frank(D-Mass) and Senator Dodd(D-Conn). Wait a minute, these are the two that helped us get into this mess, now they are going to correct it. This is classic - send the wolf to guard the hen house. President Obama where is the change you promised? I only hope that they don't do so much damage that it cannot be repaired, pray to GOD that they cannot really hurt the nation. Then, in two years a conservative congress can step in and correct the problem.
More to come.
Pray for our brave warriors in harm's way.
GOD Bless
Wednesday, February 25, 2009
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