Friday, February 6, 2009

SOCIALIST RECOVERY ACT OF 2009

The Congress of the United States is out of control. The Socialist Recovery Act Of 2009 is the worst piece of legislation since, the TARP 700 Billion Dollar bailout of the banks. I want to know how in the last five months can we get two of the worst pieces of legislation in American History. This is complete madness and the Democratic Leadership and President Obama actually, thinks that throwing money at these socialist programs will jump start the economy. The AWOL President Of The United States is trying to pass a bad bill with the politics of fear. President Obama should spend less time giving speeches about the world is coming to a end and more time trying to craft a acceptable Stimulus Bill that both Democrats and Republicans can take to the American people. President Obama let Queen Nancy Pelosi write a One Trillion Dollar Stimulus Bill which will be the Hallmark piece of legalisation in his Presidency and could determine if he, is re-elected President in 2012. This Stimulus Bill will hurt the American Economy in the long run because, it will cause inflation and increase Federal deficit. The Democratic Party controlled Congressional Budget Office has stated the The Stimulus Bill will damage the economy in near future. Furthermore, I hear that in the future that President Obama and Congress will ask the American people for more money to bailout the banks and the mortgage industry. Finally, I personally think that Congress should not pass any new legalisation and just let some of these failed institution go out of business. That is the American way. "KILL THE STIMULUS BILL".

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