There’s an infinite amount of discussions we could have with the headline, ‘It’s a Mad, Mad, World (Government). Am I wrong? Don’t be alarmed, Dr. Quack isn’t going Mad nor cynical, but sort of. Cynical that is.
Perhaps this cynicalism (My Word) is due to the Information Age we live in and the increased amount of transparency we are now seeing in Government and Big Business. (Small Business too) It isn’t your fault, nor mine, for we Duckeons are the ones outside the asylum looking in. And unfortunately we’re all to reminded of this fact every time we read, hear, or see the current news. In particular, related to the cause, effect, and reaction to our Nation’s current Recession, by the Government and Financial Institutions. Frankly they all need to be placed into Institutions, make that one Institution for all the Washington D.C. Bureaucrats, Wall Street, Big Business, and Banking so-called intellectual Elitist. They should all be committed into the Institution for Loonies. That’s right Loonies. Too far Left or too far Right they are all one in the same, birds of the same feather, and not DUCK feathers either. They all have been in bed together for decades, and now in the Age of Information and unsurpassed techno-driven transparency their Corruption, Greed, and Cynicalism is coming out of the closet faster than the Gay Liberation Movement. (Not to offend the Gay Liberation Movement)
Our Founding Fathers and those who have sacrificed the supreme sacrifice for our Country, are rumbling and grumbling in their graves. The Cynical (Concerned Only With One’s Own Interests and Disregarding Accepted Standards to Achieve Them) seems to be the Washington D.C. Standard, rather Substandard culture. What’s more alarming is that this appears the standard taught to our children in higher education universities for which parents and our taxes pay for. They’re teaching the Standard in life, Marriage, and Business to ‘Be Concerned Only With One’s Own Interests and Disregard Accepted Standards to Achieve Them.’ What a crock of Duck Dung, you think?
A case in point. Congress can’t even for one moment keep their grubby greedy hands out of the Stimulus Bill. Loading it down with an unbelievable amount of DUNG. I don’t need to give you the blow-by-blow, you can visit Citizens Against Government Waste; http://councilfor.cagw.org/site/PageServer?pagename=CCAGW_homepage here you’ll find all the nasty details of the current Stimulus Bill. Or read it for yourself at; http://www.opencongress.org/bill/111-h1/text
Facts are Facts, and America’s elitist in Washington D.C., our financial and educational institutions are Clueless, to say the least.
I and America still await the Senate’s final draft of the Stimulus Bill, now called the Tax Cut and Spending Bill. Treasury Secretary Timothy Geithner announced Sunday that he’ll postpone by a day (Or so) the details of how the money from the Stimulus Legislation will be spent on the Financial Industry bailout.
As of this post, the Obama Stimulus package has gone from $816billion in the House Bill to $920billion in the Senate to a proposed but not yet released Final Senate rewrite of $827Billion. Where’s the cuts. The only Bill cutting came from added Amendments proposed by the Senate leaders, after receiving an already ridiculously amendment packed House Stimulus Bill. This is like walking into a Department Store sale and paying $65 for a pair of jeans marked down from $85. When I can ill afford the $65 let alone at $85. Better to shop the discount stores for what I need rather than what I may want at a time my family needs food on the table. (So to speak)
Congress needs only to spend of our money, what is needed to stimulate and move this economy, and no more. Congress needs to get the money, our money-back into our hands to manage and stimulate the economy. This is what they need to be working on. Not infrastructure and Financial Institutions. What infrastructure job would I be eligible for, none I assure you. And how does giving our tax dollars to bailout greedy corrupt Financial Institutions. For them to LOAN me the money-back at high interest,(Any Interest) going to better I and other Americans. The Government’s plan will not only indebt the Federal Government, but every small business entrepreneur like myself, every American like you.
Stipulations, such as mandating Stimulus funds scheduled for construction and manufacturing expenses be limited to unionized companies is what? I see it as a payoff. The CBO (Congressional Budget Office) writes this in its assessment of the Stimulus Bill
(American Recovery and Reinvestment Act of 2009) “CBO and JCT estimate that enacting H.R. 1 would increase budget deficits by $526 billion over the 2009-2010 period (about 19 months) and by a total of $816 billion over the 2009-2019 period. In addition, CBO and the Joint Committee on Taxation (JCT) estimate that enacting the provisions in Division B would reduce revenues by $76 billion in fiscal year 2009, by $131 billion in fiscal year 2010, and by a net of $212 billion over the 2009-2019 period. Combining the spending and revenue effects of H.R. 1, CBO estimates that enacting the bill would increase federal budget deficits by $169 billion over the remaining months of fiscal year 2009, by $356 billion in 2010, by $174 billion in 2011, and by $816 billion over the 2009-2019 period. CBO anticipates that implementation of H.R. 1 would have a noticeable impact on economic growth and employment in the next few years. Following longstanding Congressional budget procedures, however, this estimate does not address the potential budgetary effects of such changes in the economic outlook.”
In other words, letting well enough alone, may, could, and has, over the history of America. With reason, good judgment, and Capitalism’s (No pain, no gain)… And responsible stewardship of taxpayer dollars is the best path to ending this Recession. A Recession not created by normal Capitalistic means. Rather by the selfishness and greed of many of America’s Elected and Financial Institution leaders. I’m Dr. Quack with the harsh cry of reason. 20909