Obama's Intelligence, Part 3

2009-2-5 03:30:00

There are a number of things that Obama is promoting that certainly indicate questionable intelligence or at least a void of common sense. Not the least of these is the current stimulus bill.

The last bill pushed by President Bush as well as both houses of Congress was at least directed toward the problem of creating solvency for banks. Whether it did much good is difficult to say. Perhaps we would be in a full blown meltdown without it, but perhaps not. After putting $250 billion down an apparent sinkhole Congress took a deep breath and the new Obama administration came up with the mother of all bailout bills.

At over 900 billion dollars and growing daily it could also be called:

Everyone has his or her hand out for special projects that require funding. There are 18,750 local projects suggested by various mayors.

Here is a handful reported by Fox News Feb 4, 2009:

And how many jobs will all this spending create? The answer reported was 81.

To this type of spending even the Obama friendly CBS news reported:

"Who knew that the city of Natchez, Miss. insists that spending $600 million on an "ethnic heritage trail" is the best use of stimulus funds? Or that Austin, Tex. is demanding a $866,000 bailout for a frisbee golf course?

"Those projects may be useful. They may not be. But they have one thing in common: most of us would not call them vital elements of an emergency 'stimulus' plan."

(http://www.cbsnews.com/stories/2009/02/04/politics/otherpeoplesmoney/main4774570.shtml)

In addition, the extremely Obama friendly CNN reported a list of spending projects:

(See:   http://www.cnn.com/2009/POLITICS/02/02/gop.stimulus.worries/index.html?eref=rss_topstories )

Of all these spending projects the one I may actually agree with is the $125 million for the Washington sewer system. There does seem to be a build up of undesirable waste matter in that city in need of immediate Herculean removal.

Lots of these earmarked projects have been on the democratic wish list for years and have now been advanced as stimulus when they will do little to stimulate anything. The bill is so partisan and lacking in stimulation that every single Republican and 11 Democrats voted against it in the House.

You'd think it would get trimmed down a little in the Senate, but no. The Senate only added billions to the bill.

It seems that our representatives do not feel they are doing their job unless they spend some of our money on anything -- anything at all.

We are following the same path that led to the Great Depression but on a more massive scale. (US President's) Hoover and FDR tried to spend their way out of the depression through public works projects and all it did was create a few temporary jobs. When the projects were finished the jobs also ended and the 30's Depression lingered on.

It appears that Obama needs to study history some more because we are repeating the mistakes of the past, but on an even larger scale.

An odd line of thinking in the Democratic playbook is that many of their programs have failed in the past merely because we have not sank enough money into them. For instance, this is why many think the "War on Poverty" has made almost zero improvements despite spending over $7 trillion on it since 1964.

Well this time with a single package of a trillion dollars (if we include interest) they indeed have a big, big spending project. If they again say they didn't have enough money to make a difference then let us fire the bums at the next election.