Economic woes?

Of course we are all well aware of the dire economic news that has been the forefront of every news report for the last several months. Not that any responsible news organization would over dramatize the situation or exaggerate any facts. In fact our own President has elected to offer up some drama. President Obama has said, "The time for talk is over. The time for action is now."

Appearing before the Energy Department Obama called on lawmakers, "...rise to the moment. No plan is perfect." Obama urged the Republicans to change the "politics as usual" stuff and vote for the bailout that now is over 900 billion.

Remember, this blog is about common sense. Obama and the dems have none.

This "bailout" or "stimulus" package is absolutely no such thing. What it is, is pork politics as usual. If our President had any leadership skills he would call on all of this pork to be cut. If the GOP had any leadership skills they too would ask that all pork be cut. Remember America, we pay for this "stimulus" ultimately. We pay for it. Do not forget that.

To really stimulate the economy investment would go back into infrastructure which would lead to jobs, congress should continue to lower taxes, open up drilling off the mid Atlantic and in Montana and the Dakotas as this too would lead to job creation and eventually fresh supplies of gas, approve new energy spending in wind and solar. The list could go on and on.

Instead we see a "stimulus" package of over 900 billion that is stuffed to the gills with pork. You can find these details on the Internet.

Bottom line? Obama is desperate for this to be passed so that he can look like a mover and shaker to those loyalists that voted him in. Granted, any President wants to see his agenda move forward. But this one is costly because it will not stimulate anything but taxes for future Americans who have to pay for this nonsense.

Remember folks, this is just round one of things to come. Obama is also going to move ahead with his war on capitalism and those opening salvos have already come by his proposal of putting a salary cap on business's that are receiving bailout money.