Nemo me impune lacessit

No one provokes me with impunity


No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.

Article 1, Section 9, Constitution of the United States

If this is the law of the land...why in a republic (little r) and as republicans, do we allow mere POLITICIANS to the right to use a "title of office" for the rest of their lives as if it were de facto a patent of nobility. Because, as republicans, this should NOT be the case...just saying...

The Vail Spot's Amazon Store

Chris Muir's Day by Day

Thursday, October 22, 2009

Obama's Economist Says Bump From Stimulus Bill Over

Mr. Obama and his minions promised that unemployment wouldn't pass 8% with the stimulus. Then they promised that the depression would be over by the end of this year...but,
An interesting tidbit from Dr. Christina Romer’s testimony before the Joint Economic Committee. Citing economic analysts she says the fiscal stimulus will have its greatest impact on growth in the second and third quarters of 2009. (Editors note – those quarters are now behind us). By mid-2010, according to her testimony submitted to the committee, the “fiscal stimulus will likely be contributing little to growth.” What does that mean? Growth in the economy will be dependent on the private sector. And for those who think the recession is over – the Administration still predicts the unemployment rate won’t dip below 10% until the third quarter of 2010 – that’s next summer.
Now, the 2nd and 3rd Qtr's are more bump. So WHY ARE WE CONTINUING TO SPEND THE STIMULUS MONEY IF IT'S NOT GOING TO DO ANYTHING? I realize that our "political elite" thinks that they are smarter than we, in flyover country, are. But seems to reason, that if it ain't working, why continue? As Jennifer Rubin points out in Commentary Magazine,
The administration promised that unemployment would remain below 8 percent if a trillion-dollar (interest-included) grab bag of liberal goodies passed. It hasn’t panned out — we have the debt but not the jobs. And the administration will not, I suspect, endear itself to the American people by claiming that the results “exceeded expectations.”
Yet these are the people who want to take over health care and say they'll "save the country money." Yeah, right. Governments, and ours in particular, do nothing efficiently. Take a look at medicare. It was projected to top out early this decade at roughly $400 billion in total's above 10 times that now. Pure efficiency at work. They tell us they'll be able to control corruption, but there are factual accounts that Medicare is rife with double payments and cost overruns. The Senate, for the first time in history defeated a bill that would remove the automatic price controls that were set in place to keep Medicare from ballooning in cost...THE FIRST TIME it's ever happened!

No comments: