Friday, January 30, 2009

Stimulus Bill Will Only Make America "Obama Rich"

Yes! I said it. It's coin a phrase time and the Captain has delivered. "Obama rich". Spread the word.

Buried deep inside the massive spending orgy that Democrats jammed through the House this week lie five words that could drastically undo two decades of welfare reforms.

The very heart of the widely applauded Welfare Reform Act of 1996 is a cap on the amount of federal cash that can be sent to states each year for welfare payments.

But, thanks to the simple phrase slipped into the legislation, the new "stimulus" bill abolishes the limits on the amount of federal money for the so-called Emergency Fund, which ships welfare cash to states.

"Out of any money in the Treasury of the United States not otherwise appropriated, there are appropriated such sums as are necessary for payment to the Emergency Fund," Democrats wrote in Section 2101 on Page 354 of the $819 billion bill. In other words, the only limit on welfare payments would be the Treasury itself.

"This re-establishes the welfare state and creates dependency all over the place," said one startled budget analyst after reading the line.

Obama is wallpapering his administration with lobbyists, installed a tax cheat to run the Treasury Department and is pushing Congress to pass a massive, wildly unaffordable "stimulus" bill loaded with pork and reckless spending that plunges Americans even deeper into debt.

Even worse, the bill every day looks more like 15 years of pent-up big-government liberalism than an economic "stimulus" plan.

Ever since his election, many Americans have wondered which Barack Obama would show up at the White House: the most liberal member of the Senate or the post-partisan bearer of change we could all believe in.

One thing is clear: His "stimulus" bill is not change we can believe in. It's a return to big-government welfare that we will choke on.

2 comments:

Anonymous said...

Oh that's "rich". Good job!

Ali Blah Blah said...

Newt Gingrich is turning over in his grave!