It’s Back; The Era of Big Government
Finally, someone from the GOP seems to be standing up to President Obama, at least enough to tell the truth about his address to the joint session of congress last night. Minority Leader John Boehner (R-Ohio) came and declared that “the era of big government has returned.” He went on to say, “My question to my Democratic friends is how are you going to pay for it?”
As if close to $2 trillion of spending in the form of a bailout and a stimulus bill isn’t enough, Rep. Boehner’s “Democratic friends” in the house have passed another huge spending bill totaling $410 billion that we don’t have. If it were not for the government’s ability to print money, our country would be completely bankrupt. Where is all this money coming from?
US Secretary of State Hillary Clinton has urged China to keep buying US debt while she was there on her first overseas trip. Secretary Clinton said, “Because our economies are so intertwined the Chinese know that in order to start exporting again to its biggest market, the United States had to take some very drastic measures with this stimulus package. We have to incur more debt. It would not be in China’s interest if we were unable to get our economy moving again.” She went on to say, “The US needs the investment in Treasury bonds to shore up its economy to continue to buy Chinese products.” An Assemblyman from San Francisco argues that it’s time to tax and regulate the state’s biggest cash crop, pot, in the same manner as alcohol. It is an idea. . . .
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About the Author: Bill is a 51 year old IT Professional who enjoys political blogging in his spare time after work and after the daily grind at the gym.