The recent passage of HR 1, better known as the stimulus package, perfectly illustrates the complete comtempt many members of our government have for their oath to uphold and defend the Constitution. The text of the law was over 1000 pages long, and Congress had just a few hours to read and analyze its contents before the majority voted in favor of passing the bill. The problem: no one read the bill.
How can the government officials who voted for the bill assert that they take the oath of office seriously? How can one gaurantee that all parts of this massive spending bill were in compliance with the Constitution if one never read the bill? Would you sign a mortgage without reading or understanding the terms?
Wednesday, February 25, 2009
Thursday, February 5, 2009
The Amazing Power of the Federal Government
If the government is able to stimulate the economy by simply spending money, why would we ever have recessions? The good times should never end. Why not create a strategy whereby the government spends a few trillion dollars every five years on stimulus worthy projects? Now, some may say cite the national debt as a reason against regular stimulus plans, but they would be foolishly thinking about the long-term health of the country.
Fight Fire With Fire
After the terrorist attacks on 9/11, George Bush stated his belief that the terrorists attacked the United States because they "hated our freedom." Over the next eight years President Bush decided to defend this freedom by taking it away (with the assistance of Congress, of course). Warrentless wiretapping, torture, secret courts, secret prisons, the list goes on and on. American citizens are dramatically less free than there were eight years ago.
Fast forward to 2008 and an economic crises arises. The crises is the product of the easy money policies of the Federal Reserve and the obscene homes-for-all strategy of the federal government. This centrally planned bubble coupled with extremely poor business decisions on the part of several large financial institutions lead to our current economic crises. Washington's solution: loosen monetary policy more than ever before, and broaden the homeownership-for-all policy by meddling with mortgage terms and creating even more incentives to buy homes. What's next?
Fast forward to 2008 and an economic crises arises. The crises is the product of the easy money policies of the Federal Reserve and the obscene homes-for-all strategy of the federal government. This centrally planned bubble coupled with extremely poor business decisions on the part of several large financial institutions lead to our current economic crises. Washington's solution: loosen monetary policy more than ever before, and broaden the homeownership-for-all policy by meddling with mortgage terms and creating even more incentives to buy homes. What's next?
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