In today's Wall Street Journal, Democratic Senator and former Indiana Governor Evan Bayh decries the pork-laden omnibus bill now blowing through Congress.
Bayh's blunt assessment: "The bloated omnibus requires sacrifice from no one, least of all the government. It only exacerbates the problem and hastens the day of reckoning."
Wednesday, March 4, 2009
Democratic Senator Evan Bayh Says No to Omnibus - No Stimulus Package Blog
Posted by Ongo Consulting at 4:59 PM 0 comments
Labels: evan bayh, government waste, harry reid, nancy pelosi, obamalosi, omnibus, pork barrel, porkulus, President Obama, wall street journal
Monday, February 2, 2009
How Government Prolonged the Depression - No Stimulus Package Blog
Many credit New Deal policies with pulling the U.S. out of the Great Depression. However, FDR's plan was a mixed bag which in many cases prolonged the Great Depression.
Check out this great Wall Street Journal article by University of Pennsylvania professor of economics Harold Cole and UCLA professor of economics Lee Ohanian.
Posted by Ongo Consulting at 11:58 AM 0 comments
Labels: bailout, democrats, fdr, great depression, new deal, no stimulus package blog, President Obama, republicans, TARP, wall street journal
Friday, January 30, 2009
A 40-Year Wish List - No Stimulus Package Blog
Check out this great Wall Street Journal article on President Obama's proposed "stimulus" plan. Again, if Dems would cut the pork (or even most of it), they have a much better chance of winning GOP votes. Check out some of the "stimulus" that passed the House vote:
- Less than $30 billion for highway improvements
- $600,000,000 for the federal government to buy new cars (not for you and me)
- $325,000,000 for STD prevention
- $150,000,000 to insure farmers against honeybee damage
- $81,000,000,000 for Medicaid
- $36,000,000,000 for unemployment benefits
- $20,000,000,000 for food stamps
- $1,000,000,000+ for the Department of Health and Human Services to study alternative medical treatments
Again, this is supposed to be a STIMULUS package. Perhaps most if not all of the money should go to jobs creation and incentivizing businesses and individuals to start spending again?!?
Call your Senators and Representative and tell them to vote NO on the current "stimulus" plan. (202) 224-3121
Posted by Ongo Consulting at 9:53 AM 0 comments
Labels: bailout, government waste, pelosi, politics, President Obama, reid, stimulus package, TARP, us news, wall street journal, wsj