Wednesday, January 28, 2009

Stimulate What?

I am sorry to say that Washington is back to politics as usual. President Obama is pushing through his"stimulus" package with the same zeal and rhetoric as Bush.

Mr. President, your sense of urgency is unfounded. TARP did not work. The tax cuts of 2001 and 2003 did not work. The Senators and Representatives in Congress need to read the 650 page document and digest its proposals. Rushing this through with the cry of "the sky is falling" is what we got from Bush. And now you.

Borrowing money, creating more debt, is the wrong way to go.

I am reminded of the Who, singing "Won't Get Fooled Again." "Here comes the new boss, same as the old boss."