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Monday, January 26, 2009

STIMULUS PLAN

STIMULUS PLAN

01/26/2009

Can not say one again, as the debate is continuous. No one cares where the eight hundred billion is coming from, and how it will be spent. The Democrats want to give the money away, in needless jobs being created, and the Republicans want to give tax breaks both are lying.

I f we spend money on health care, or education or on roads to no where , what will happen when the money is spent? Will be richer for it? Will the economy take off? The answer is NO! We need to have a new model of the economy, not based on consumerism. We need to recognize the FACT that spending money does not make you rich, especially if the money is created by the government (deficit spending). Do we not recognize the fact that our dream of being the richest nation on earth, ever, was a hallucination based on the money government was spending, money that was created from thin air.

When do we ever learn, how will this spending plan take us out of the economic quagmire.
I have always argued that we have too many toys, we reward people for stupidity, and not just on reality shows. We rewarded, handsomely the fools on the Wall Street, for years! We rewarded incompetence by bankers and politicians and lobbyists. And we rewarded our goofy screw up kids by showering them with gizmos that made them even stupider. We rewarded nincompoops writing sitcoms, and rewarded Howard Stern and Madonna Snoop Dog etc. for destroying the culture and the society. And the list could go on.
May be it is time to reinstitute the "Fear of Flying".

We are at the verge of the depression that I have been warning about for many years, how do you bail out auto industry when people have no many to buy cars, or work in health care when everyone is losing their job and insurance?

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