Friday, February 06, 2009

Deal reached - 811,000,000,000 is a magic number

I keep searching my pockets for an extra billion or two - but all I find is dust. A billion here, a billion there - it's all monopoly money.

Before we go to the quoted article - I have a question, will the Grand Ol' Party back these two for reelection? Will the GOP voters show up if they will be the candidates of the party? Some say - no...

Senators Reach Tentative Deal on $811B Economic Stimulus Bill
Senators have reached a tentative deal on a version of President Obama's economic stimulus plan, including about $811 billion in spending and tax cuts, that will win enough Republican votes to move forward.

Sens. Arlen Specter of Pennsylvania and Susan Collins of Maine appeared to be the critical Republicans to sign onto the bill, giving Democrats the 60 votes needed to advance to a final vote. Democrats also voiced confidence that Republican Sen. Olympia Snow of Maine also would vote for the plan.

It isn't certain when a vote would come, but sources indicate Sunday is a likely bet.

As part of the deal, spending in the bill was reduced while tax cuts were increased, for a mix of 58 percent spending and 42 percent tax cuts. A senior Democratic leadership aide said the White House was on board.

But Republican leaders still worry the bill contains too much spending on programs that won't stimulate the economy, with Minority Leader Mitch McConnell saying Friday night on the floor of the Senate arguing that "the big spending programs of the New Deal did not work."

Obama is pushing for the massive spending plan to jump-start the economy, which otherwise, he says, could be headed for "catastrophe."


I believe I heard Glenn Beck on O'Reilly today interviewed by Laura Ingram comparing this situation to the rise of Nazism, a bit alarmist to my taste.

Here's another hypothetical rhetorical question: If (and when) this bill causes more harm to the country, the economy, freedom and innovation - will the MSM be able to hide this from the public and continue portraying Republicans as evil and "racists"? Will the public buy into it 4 or 8 years from now - when Carter is but a distant memory shadowed by years of "engineered economy" (truely catastrophic) and the great depression seems like a minor hiccup in comparison.

I'll tell you when it'll become truly absurd. When CBS news and CNN will start telling us how the potato and wheat crops were successful this year and the happy workers march in the streets to salute the healer of our nation... or did it just happen over the last few months? Scary crap my friends.

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