Stop the Stimulation! - by Kerry Thomas
Stop The Stimulation!
by Kerry Thomas
July 7, 2009
http://kerrythomas.com/Archives/StopStimulation.htm
In the 1990’s Susan Powter rose to fame screaming “Stop the insanity!” I have no idea what this Australian woman’s political ideologies are (she has described herself as a “radical feminist lesbian”), but it’s time to bring Susan back, as a spokeswoman for fiscal sanity in America.
For weeks now American media have been circulating rumors about yet another “stimulus” of spending by the Obama Administration in an attempt to revive the American economy.
This on top of the $700 Billion Troubled Asset Relief Program (TARP) bailout of the banks (more formally known as the Emergency Economic Stabilization Act of 2008).
This on top of the ongoing writing of blank checks to the automobile industry despite bankruptcy filings by GM and Chrysler (wasn’t that bailout supposed to keep these companies out of bankruptcy?), and the $787 Billion American Recovery and Reinvestment Act “stimulus” that was rushed through Congress in such an emergency that no one bothered to read the bill before they voted on it.
We were told that America’s economy was under such a severe threat that, unless this stimulus was passed right away, the unemployment rate would rise to 8%. The stimulus was passed – and the unemployment rate is now 9.5% and headed for double digits.
According to Vice-President Joe Biden, “We misread how bad the economy was.” No kidding.
Despite such catastrophic errors in judgment, the Obama Administration is plowing ahead with even more massive spending programs. And their fellow liberal Democrats (oops, my mistake - they don’t like to be called liberals - they call themselves progressives) can’t spend our money or grab power fast enough.
For some reason, they just don’t believe you can’t spend your way out of debt. Liberal Democrats (oops, my mistake - they don’t like to be called liberals - they call themselves progressives) think the problem is they haven’t spent enough of your money to “fix” the economy.
All this stimulation will “fix” the economy the same way a veterinarian fixes a dog.
While the world was having a collective cow over the death of yet another famous drug addicted freak, the House of Representatives pushed through the Waxman-Markey cap-n-trade “clean energy” bill (HR2454: American Clean Energy and Security Act) that plowed through the House by a vote of 219-212 (roll call vote number 477), with virtually no one having read the 1500+ page bill.
No one will be able to escape the treacherous tentacles of this innocent sounding legislation. In a nutshell, you’re going to be taxed based on your “carbon footprint” all in a misguided effort to stop “global warming” despite overwhelming evidence that doesn’t exist. The “experts” got it wrong – again.
(Recall the April 28, 1975 article in Newsweek by Peter Gwynne, warning us all about global cooling and the coming ice age. According to that article, “There are ominous signs that the Earth’s weather patterns have begun to change dramatically….The evidence in support of these predictions has now begun to accumulate so massively that meteorologists are hard-pressed to keep up with it.”)
Cap & trade is a federal mandate for energy conservation, according to standards set by federal bureaucrats. Just one example, if you own a building (a home, a business, any building) and you want to renovate or sell the building, you will be required to first have an assessor evaluate the building’s value, based on it’s energy efficiency. If the building doesn’t meet the new federal standards for energy efficiency, you will be required to bring it up to that standard before you can sell it. If you’re renovating, the building will have to comply with this new federal standard by the time you’re finished with the renovations. All property assessors will be required to complete new training and be certified to evaluate property based on energy efficiencies.
This legislation is also expected to double electricity prices, and triple the price of gasoline. The cost of energy is going to be artificially inflated by our government, all in a thinly-veiled effort to increase tax revenues to the government.
(By now, you’re probably already aware that in 2007 Congress outlawed the incandescent light bulb. Our government decreed that the incandescent light bulb shall be no more after 2014. They’re being replaced by compact fluorescent bulbs, which are only made in China because they contain dangerous levels of mercury.)
And let’s not forget about the plans to nationalize our health care industry. This massive new bureaucracy will still leave 39 million people uninsured. Yet it will cost in excess of $1.6 Trillion.
So far, Barack Hussein Obama has managed to quadruple America’s federal budget deficit for 2009 in less than six months, exploding it from $450 Billion to over $1.8 Trillion. That’s just this year. And his reckless spending is expected to stay that high throughout his term in office, which will end up doubling our collective national debt (currently in excess of $11.5 Trillion) in just 4 years.
When the $787 billion stimulus bill was being debated, Americans inundated Congress with phone calls, emails and letters saying “NO.” When Congress debated the $700 billion TARP bill, Americans were shouting “NO!”
Congress just keeps voting to spend the money anyway.
How much more stimulation can America take?
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