President Barack Obama is right when he suggests that his near $1 trillion stimulus plan is working just as he anticipated. The goal of this windfall government profit is not to spur the economy or increase employment.If one were to be honest, the stimulus has the following REAL goals. This is merely scratching the surface.
- Create a government slush fund that can be doled out as a reward to political hacks. (Remember the Honduras model).
- Dangle a Carrot Before States. State politicians know that this is gravy time. Those who have played nicely with the Federal Dems, will get more money for pet projects.
- Trap Republican politicians. So-called red states are hurting, too, but politicians in those states know their constituents fundamentally disagree with burning through hundreds of billions of dollars on nonsense. In the end, Republicans are stuck because if things worsen, Obama can always blame George W. Bush or blame Republicans for being obstructionists and not offering any solutions of their own.
- Allow local and state governments to funnel money to political hacks (and shave off a few million "federal" dollars along the way).
- The main thing this stimulus is intended to do is score political points for Democrat incumbents. Remember that most of the so-called stimulus is being held until 2010. No doubt all of the Dems will be able to point to projects where they're dumping billions of dollars. They'll threaten the masses that Republicans want to end jobs and ruin the stimulus just as it's starting to work.
Change anyone?
1 comments:
What more can be said? Obama's constitutionally unauthorized stimulus package, a diversion from the Democratic heist of the US Treasury as evidenced by 9000 "nonexistent" earmarks in the package, was undoubtedly deemed successful by corrupt Democrats on the day that Obama signed it.
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