BHO creating a permanent TARP, more agencies, power to seize & liquidate, & more financial regulation: Despite its flaws, Mr. Dodd's 1,300-page bill cleared a Senate committee in 22 minutes. At that pace, it's difficult to argue that lawmakers are giving these important matters due consideration.
SLIPPERY SLOPE Watch! Social Security Payout to Exceed Revenue This Year - 6 years early!
Unintended Consequences? Caterpillar Takes Hit on Health Care - Are job losses far behind?
Obamacare: “The Bigger the Lie” by Howard Rich at townhall.com:
President Barack Obama and his Congressional allies are spending money that they know we don’t have on a program that they know isn’t going to work – all in an effort to expand government’s control over the private sector and its reach into the private lives of American citizens…
Consistent with the core fallacy of other recent socialist misadventures (like former President George Bush’s TARP bailout or Obama’s so-called “stimulus”), Washington politicians are once again attempting to solve problems that have been exacerbated by excessive government interventionism with additional government interventionism. “Dumping buckets of water on the head of a drowning victim,” if you will…
It’s a power grab, pure and simple. And a money grab, which is why Obamacare spends $10 billion to hire 17,000 new tax collectors at the IRS to rake in billions of dollars from America’s newly-created class of “illegally uninsured” citizens…
And that may be the ultimate irony of Obamacare – that it is funding tomorrow’s big government obligations with the failed promises of yesterday. Read more…
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