Monday, February 23, 2009

US government is on a “burning platform"

James Quinn writes:

President Obama has been only concerned with speed rather than long term corrective actions. The $787 billion 1,074 page stimulus bill has been passed. President Obama has signed it. The market immediately dropped 500 points. It will have no impact on the economy in 2009. The bill will stimulate nothing but the National Debt. Within months, plans for another stimulus plan will be demanded by the Democratic led Congress because speed and the appearance of action are how politicians get reelected.

"Delay is preferable to error." – Jefferson

“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” – Lincoln

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