Skip to main content

House Democrats Pass Stimulus Bill With GOP Opposition

Frederic Bastiat argued against "The Broken Window Fallacy" that underlies the economic thinking behind proponents of the "stimulus package." Read the full text of his argument here.

I can barely comprehend the monumental stupidity of it:

House OKs $787B stimulus bill with GOP opposition


WASHINGTON (AP) - Handing the new administration a big win, House Democrats passed President Barack Obama's $787 billion plan to resuscitate the economy on Friday despite a wall of Republican opposition. The bill was approved 246-183 and sent to the Senate, where a vote was scheduled late Friday afternoon.

The 1,071 page, 8-inch-thick measure combines $281 billion in tax cuts for individuals and businesses with more than a half-trillion dollars in government spending. The money would go for infrastructure, health care and help for cash-starved state governments, among scores of programs. Seniors would get a $250 bonus Social Security check.

And no one even read it!




How is this good for our economy?


(Source- PowerlineBlog | Hat Tip: David Boaz, The Cato Institute)

Trashing so many billions of dollars worth of productive capital is not a plan to recover. Running record deficits that dwarf even the Bush administration's irresponsible deficits is utter madness.


And what about the Democrats' promise that we the people would get to see the legislation with all of its joint committee changes before it was passed?

From HumanEvents.com yesterday:

“The American people have a right to know what’s in this bill,” Rep. Mike Pence (R-Ind) told HUMAN EVENTS after the press conference. “Every member of Congress -- Republicans and Democrats -- voted to post this bill on the internet for 48 hours, 48 hours ago. We’ll see if the Democrats keep their word.”

Actually -- as of 5:15 pm, the Democrats had broken their word. The stimulus bill -- which we still haven’t seen -- will be released late tonight and will be brought up on the House floor at 9 am tomorrow.

They're exhibiting some audacity alright.


Take Action Right Now To Block The Stimulus Bill!

The three swing voters in the Senate GOP helped pass this legislation the first time, we had better make sure they know how we feel about it before they pass the amended version and it goes to President Obama to get signed. Contact all three right away by phone and e-mail. Let them know that you oppose passage of the stimulus package:

Arlen Specter (R - PA)
(202) 224-4254

Olympia Snowe (R - ME)
(202) 224-5344

Susan Collins (R - ME)
(202) 224-2523

Humble Libertarian Articles About The Stimulus Package

Economic Folly: 7 Reasons The Stimulus Package Will Be Very Bad For America
A Libertarian (Sane) Alternative: The Stimulus Package They Should Be Passing
Treasury Wastes $78 Billion of the $700 Billion TARP Bailout
Health Provisions In The Stimulus Package



Spread the Word!


Delicious button

Stumbleupon

Popular posts from this blog

Ron Paul’s Devious Plan to Steal the Presidency

This is an absolute hoot! Ron Paul hating Republicans are in panic mode. The website Hillbuzz.org includes in its blogroll Ann Coulter, Michelle Malkin and Conservatives4Palin. Hillbuzz is so utterly revolting that I may just have to subscribe to its updates. Up until yesterday, I really hadn’t taken the Ron Paul campaign very seriously. Most non-Paul voters probably felt like I did, and laughed him off as that “kooky Uncle” who didn’t have a chance in hell to win the Republican nomination for President. Well, I’ve changed my mind. Big time. Yesterday I attended the Republican organizational convention for my Senate district here in Minnesota, and what I witnessed was an organized take-over of our nomination process by Ron Paul cultists. They came to this convention with the sole intent to take over as many of the delegate seats as they could, and sadly, they succeeded. Read the rest here Hillbuzz 

How To Gain More Twitter Followers

Earlier today, I wrote : "My goal is to write a book before the end of March. My goal is to spend no more than a week from start to publication, spending as much time as I need in order to get it done during that week. My goal is to give it away to you for free here on HumbleLibertarian.com. What's a goal you have? Something you may have been putting off for years? Something you could accomplish in one month if you were determined? If it's near-term enough of a goal, and specific enough of a goal, and you share it in the comments below, feel free to tell me how I can help you and I'll do whatever I can. If it's a libertarian / news / politics-related goal, my manner of help would be easy to determine. I could promote it, introduce you to someone via email, (etc.). If it's something apolitical like quit smoking cigarettes, start exercising, learn guitar, start a business, gain more Twitter followers, learn another language, eat a paleo diet, or...

IRS Admits Targeting Tea Party!

You think Matt Drudge is just being hysterical in that screenshot above? With that ALL CAPS headline about the IRS? Being hysterical, while trying to sell you chocolate covered strawberries for Mother's Day? Well guess again, because you know this is seriously crazy when even the AP is using all caps for their headline , and filing it under a subdomain called "bigstory": The AP says : The Internal Revenue Service inappropriately flagged conservative political groups for additional reviews during the 2012 election to see if they were violating their tax-exempt status, a top IRS official said Friday. Organizations were singled out because they included the words "tea party" or "patriot" in their applications for tax-exempt status, said Lois Lerner, who heads the IRS division that oversees tax-exempt groups. In some cases, groups were asked for their list of donors, which violates IRS policy in most cases, she said. "That was wrong. T...
–––As Featured On–––