Pelosi In Charge: How can That Happen in a Sane World?
A few weeks ago I predicted that our president would have more trouble with Nancy Pelosi, Harry Reid and radical left members of the Democratic Party than he would with Republicans. Pelosi is making me look like a Mentalist. While President Obama was meeting and “making nice” with Republican members of congress Nancy was taking an opposite tack with Republican House members. She more or less told them to take their ideas and shove them. She said that the people had elected them to put into effect her proposal and that is what she intended to do. Those are not her exact words but were exactly the meaning of her statement.
Obama was working to gain some bi-partisan participation while she was concurrently working to kill any chance of that happening. She gave a repeat of her speech before the first vote on the Financial Bail out bill which was defeated after her obnoxious presentation. This time the Stimulus bill passed in the House but she got none of the Republican support that President Obama was seeking. The only bi partisan aspect was that eleven democratic representatives voted against the bill.
I have been reviewing the bill and the proposed distribution of the $819,000,000,000 (that’s billions) supposedly being allocated to create jobs and for a time I was somewhat wordless. That is a condition that doesn’t last long and there is much to say about the Pelosi bill and it is almost all negative. My quick count of the money indicates that almost half of it has little to do with creating jobs. The bill is primarily designed to address the political agenda of Pelosi and her cohorts. There are items that might have merit in a different context that should not be attached to this critical bill. If you have followed my Buck Says Posting you will know that I have an interest in art. I do not believe that $50,000,000 granted to the NEA will produce jobs that will stimulate the economy. The billions dedicated to education are suspect as to their usefulness in creating jobs that will aid in stimulating our economy. Support for schools is something that is hard to oppose but what does it add to the need to quickly stimulate our economy. We need programs that will have an effect next month not next year. In the last 24 hours I have heard at least 10 suggestions from friends that make more sense than most of the bill.
Do we want to get things rolling? Here are some ways to make that happen that have been suggested to me.
Revoke the withholding tax for a year- Call up Boeing and tell them to start building those fuel tankers that have been discussed for two years- Call up whomever makes tanks and get a bunch built. Replace all the military HumVees with properly armored vehicles. Buy 20,000 new American built cars for government agencies as well as police cars for 500 police departments. Immediately call Caterpillar and order them to start building 2000 bulldozers and 1000 front loaders to be ready when we start building the new roads and bridges that are needed. Replant trees where the pine beetles have destroyed the trees in Colorado. These are just a few of the suggestions as to how to spend billions that would put people to work quickly and produce useful products.
Government programs will not solve this problem of the economy and their monetizing in the proposed fashion will result in stealth taxation.
The New Deal tried to work through the Depression in the 30’s by initiating government programs supposedly to end unemployment. It didn’t work then and it won’t work now. When Roosevelt took office in 1932 there was 25% unemployment. He threw a host of government projects and a ton of money at unemployment. After four years unemployment still remained at 14%. In 1937 and 1938 there was a recession in the depression and unemployment went back to 19%.
Pelosi, Harry Reed and their troops, as well as the Republican party leaders should all get together with copies of the timeline of the financial events and government actions of the 1920’s and 1930’s with an economic history lesson as the subject to be discussed. There are any number of economic historians that could walk them through that period of our nations greatest economic crises. The old saying: “Those Who Don’t Know Their History are Doomed to Repeat it” applies to Pelosi and Reed at this moment in our economic crises.
I really am astounded at the political callousness being displayed in DC while the unemployment roles swell. I may be a bit more conservative than our President but am rooting for him in the hope that he can succeed in modifying some of Pelosi’s attempt to take America to a Socialist society in one fell swoop. Many were worried about Obama’s far left liberal leanings. Pelosi and Harry Reed are starting to make the President look like a conservative.
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