Colorado Says No To Obama’s Package of PorkToday in Denver, hundreds of citizens gathered on the steps of the Colorado State Capital to let their disagreement with Obama’s economic policies be known.
FDR’s Treasury secretary and close friend, Henry Morganthau, conceded this fact to Congressional Democrats in May 1939: “We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong … somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises … I say after eight years of this Administration we have just as much unemployment as when we started … And an enormous debt to boot!” (thanks to Patrick)
Last week President Obama stated that ”economists from across the political spectrum agree” on the need for massive government spending to stimulate the economy. In fact, many economists disagree. Hundreds of them, including Nobel laureates and other prominent scholars, signed a statement that the Cato Institute has placed in major newspapers across the United States.
The grassroots crowd showed up as a result of hearing about it on talk radio and emails from friends. One group that organized the rally is Americans for Prosperity.
The Independence Institute had gigantic checks made out for people to sign, made out for the amount that it’s calculated that this so-called stimulus will cost each American family.
It’s appropriate that a number of children signed the checks. This little girl’s generation, and their children, will be paying for the pork in this bill for their entire lives.
“‘Those who don’t learn from history are bound to repeat it.’ The Dow Jones dropped 30% after the first bailout package was approved on October 2nd. Just the idea of a second bailout bill was greeted with a 7% drop in the Dow Jones Industrial Average .
Have you ever tried to fix a balloon that had a hostile encounter with a needle? Once the needle hits, the air is gone. Not even the strongest bandage will keep the balloon from deflating. Regardless of what you do, the air will continue to jet out until the balloon is empty.
Like a bandage on a balloon, this and other bailouts will merely delay the inevitable; current valuations will have to come in line with valuations seen at previous bear market levels. This historic pattern of economic cycles has been proven true time and again.” Simon Maierhofer, Yahoo Finance
Several speakers addressed the enthusiastic crowd. Michelle Malkin, Tom Tancredo, Dick Wadhams, Jon Caldara (of the Independence Institute) and several Republican Colorado State Legislators spoke about how what Washington is doing is wrong, wrong, wrong.
One of the speakers reminded the crowd that Senator Chuck Schumer said “Nobody cares about the pork in the bill” and had the crowd chanting: “YES, WE CARE!” (instead of Yes, We CAN)
Michelle Malkin provided a roasted pig. She announced that this was a $30,000 a plate pork dinner. And after the last of the speakers, Michelle actually carved up the pig and served it up to the crowd.
This real live pig was foaming at the mouth. Guess he’s been drinking from the same trough as the Democrat Party’s economists.
That’s right, each and every family will lose $30,000 on average out of their pockets for this plan. How exactly is this supposed to stimulate the economy?
It was a very blustery afternoon. Everyone had to hold on to their giant checks with all their strength. In reality though, try to hold on to your money, and the IRS will put you in jail, unless you are Tim Geitner or Tom Daschle.
http://jtf.org/forum_english/index.php?action=post;board=1.0HORRAY COLORADO!!!