They can’t seem to stop
Published: February 22, 2009
There seems to be an epidemic of addiction that is affecting our nation, but more specifically, Washington, D.C. It is not the kind of addiction related to drugs, alcohol or gambling; it is an addiction to unrestrained spending.
Our nation is in the midst of an economic crisis, and the solution from Washington is to spend our way out by continuing to throw hundreds of billions of dollars at the problem, all the while increasing the role of government in the private sector.
We have all heard the Chicken Little, sky-is-falling cries from the politicians claiming that drastic action is needed immediately or our economy would certainly collapse.
The likes of Henry Paulson, then Secretary of the Treasury, said that the answer was to throw more than $300 billion into the banking market so that credit can begin to flow again, spurring economic recovery. So we did. And nothing changed.
Hundreds of billions are gone, and the economy continues to founder. No traces of accountability for how the money was “spent.” No provisions included in the handout that required a full disclosure of where the taxpayers’ money went. No repercussions for the politicians who allowed such unprecedented actions to take place.
Our politicians seem to be shrugging their shoulders in manner that says “well, that didn’t work; what can we try now?” They have yet to be held accountable for their negligence in turning a blind eye to the problem for years or, worse, enacting policies that have actually fueled the crisis and devastated the economy.
Now, they’re at it again, only this time under a new administration that promises fiscal restraint. Yet the devil is in the details and, once again, the proposed “new” economic recovery plan is loaded with unnecessary pork, special interest payouts and irresponsible spending.
They just can’t seem to stop. While Obama admonishes corporate executives for their greed associated with bonuses and company jets, he ignores the same reckless and inexcusable behavior exhibited by free-spending politicians as they load the “new” recovery package with unneeded spending and indefensible pork-barrel add-ons.
Why isn’t Obama talking about spending cuts? Where is the elimination of inefficient and ineffective government programs? Why do we continue to bail out corporate giants that have engaged in irresponsible and often negligent business practices? Where is the tax relief for small businesses and their employees?
Irrational thinking is taking over, and we continue to hear the same refrain from Washington: Their solution is more spending and bigger government. While the private sector is shedding jobs by the thousands, a new report was recently published that shows that the payroll of the federal government has significantly increased. If this continues, all of us will either be on the federal payroll or be dependent on government handouts.
Is this the “change” we were promised?
Dan Sinas
Dothan
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I remember watching a documentary years ago about a union strike at a Hormel processing plant that lasted from summer of 1985 to 1986 and it was a bloody affair.
The Union refused to back down despite pleas from their due paying members to stop; there were families torn apart when brothers split- one would cross the picket line and the other would retaliate. People went hungry or went on welfare to get by.
and for what? 25 cents an hour pay increase?
Do you know who got that money? The Union. It was used to pay for Union membership.
i agree, some unions are parasitic.
Dan Sinus Said> Where is the elimination of inefficient and ineffective government programs?
Good point. United Auto Workers UAW comes to mind here. Not a government program you say? I disagree. It is a government program sponsered by Obama and Dems.
Dan Sinus Said> Why do we continue to bail out corporate giants that have engaged in irresponsible and often negligent business practices?
Equally good point. “irresponsible and often negligent business practices” - UAW comes to mind yet again as applied to GM and friends. But the real issue here is the gov is playing both sides - they are strengthening the unions while trying to force GM to work out a better deal with the newly empowered unions.
I agree with jorod but for a different reason - my opinion is GM and friends are infected with the UAW parasite and unforntately the only cure is for the host (as we know it) to expire - in this case - file bankruptcy. I’m sure workers like the UAW while the party lasts, but it’s obvious their plans aren’t sustainable. I would prefer the government not send my tax money to GM to preserve the UAW parasite.
Study the 1930’s. Reigning in the Federal budget right now will be disastrous, just as it was in 1938.
Well said, Mr. Sinas.
I am not for people losing their livelihood, but the Big Three automakers should die. Those corporations should have been allowed to go belly up as reward for 30 years of bland, lifeless, boring and unimaginative design; for ignoring their competition and customer base, and waiting until the 11th hour to offer designs that would have been revolutionary 5-10 years ago.
The financial institutions should have fell as well. Instead, thanks to the bailout, Congress dumped chum in the water and there was a feeding frenzy as they bought out rival banks with money they really could not afford to spend and look at the market now.
They got billions and are yet won’t give me a loan because I am a risk.
What hubris!
I offer this analogy:
Dinosaurs were wiped from the earth, and mice sized mammals took over, then grew up into what we have all around today.
Big corporations will fail and disappear, but the humble small business will survive and take their place in the new world.
Yep, they will, despite the government’s best efforts to keep brain dead institutions alive.


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