Citi has ditched their plan to purchase a $50 million luxury jet with money from hard-working Americans. That's a good thing. But how does the government plan to regulate the tens of thousands of other recipients of our largesse?
Call your Senators and Representative and tell them to vote NO on the current "stimulus" package. (202) 224-3121
Showing posts with label deficit spending. Show all posts
Showing posts with label deficit spending. Show all posts
Wednesday, January 28, 2009
Citi Grows a Brain and Cancels Private Plane - No Stimulus Package Blog
Republicans Offer Alternative Stimulus Plan - No Stimulus Package Blog
GOP leaders are offering a sensible alternative to Speaker Pelosi, Majority Leader Reid and President Obama's "stimulus" package. As reported here, the Republican proposal would jumpstart the economy through major tax cuts and tax credits, including raising the child tax credit from $1000 to $5000. This combination of tax cuts and tax incentives is based on the tried and true notion that freeing businesses to grow and hire and allowing folks to keep more of their hard-earned money, will do more to stimulate economic growth than any amount of government spending.
It worked for Kennedy and Reagan and it can work for us. Call your Senators and Representative and demand that they vote NO on the current "stimulus" package and take a long look at the GOP alternative. (202) 224-3121
Economists Respond to "Stimulus" Package - No Stimulus Package Blog
Check out this advertisement featuring many economists' response to President Obama's $850,000,000,000 stimulus package. FYI, Keynesian economic theory asserts that government spending will induce private sector growth. As the CATO Institute ad relates, this terrible economic idea put into action failed to bail out the U.S. during the Great Depression and Japan during the 1990s.
Call your Senators and Representative and tell them to vote NO on the second "stimulus" package. (202) 224-3121
Tuesday, January 27, 2009
Hooray for Hollywood -- Studios to Get Share of the Bailout Pie - No Stimulus Package Blog
National Journal is reporting that even Hollywood film studios are lining up for their own dose of federal largesse via massive and previously unavailable tax breaks. In the words of the GOP aide quoted at the end of the article, "President Obama said that he didn't want the stimulus bill to turn into a Christmas tree. Well, Christmas has come early for Hollywood."
Stimulus Package to Throw Two Billion Dollars at HHS - No Stimulus Package Blog
As reported here, the second "stimulus" package is slated to include nearly $2,000,000,000 for the Department of Health and Human Services to compare a variety of medical treatments and establish best practices. Can somebody please tell me what in the wide, wide, wide world of sports this has to do with digging our nation out of the worst financial crisis since the Great Depression?!?
Why not throw a billion or two at the Department of Transportation to study better road design? Or how about dumping a few hundred million hard-earned taxpayer dollars on the Department of Labor to study optimal lunch break strategy?
Call your Senators and Representative today and demand that they vote NO on the second "stimulus" package. (202) 224-3121
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