Politicians: Stop ‘Stimulating’ In Public

China,Economy,Socialism

            

“To revive flaccid financial markets, American politicians are now groping obscenely for their ‘stimulus packages.’ It’s an ugly image. It’s also worse than useless. They might as well be gesturing lewdly like crotch-grabbing rappers, because that’s as likely as their economic package is to get the country out of economic straits. …

…Even if you believe government can ‘turn the economy around,’ as do many pointy heads and their ditto heads, the fact remains that this government can’t because it’s broke; having unflinchingly fleeced the people over the years, it’s now insolvent. The proposed ‘tax rebates’ to be dispensed by the misspeaker (Bush) and the Speaker (Pelosi) will be hastily printed by the Barnacle (Bernanke), or borrowed from Hu Jintao (the Chinese President). Tax kickbacks to the indebted will, moreover, only encourage what must be discouraged—spending—and discourage what must be encouraged—saving.

Sound money, not funny money, will make for a sustainable economic recovery. Ask the Chinese…”

More on the virtues of solvency, in “Politicians: Stop ‘Stimulating’ In Public.”