Sunday, March 22, 2009

Stimulus plan to avoid waste?

"This plan cannot and will not be an excuse for waste and abuse,"
President Obama

Money is starting to flow the the states as part of the stimulus. However, they are being warned not to "waste" the money.

This is almost like an alcoholic father telling his grown child not to drink.

If you read through the details of the federal stimulus and the latest federal budget, you will find hundreds of earmarks and wasteful spending.

Before Washington (both the White House and Congress) tell the states how to manage themselves, they need to look in the mirror.

They are increasing the national debt by other 25% (the total debt, not just this year's budget deficit) through "stimulus spending. Is all of it really necessary? Will it really end the recession? I personally have my doubts. I think they are pushing their own agenda through these spending programs.

We are also being promised transparency that requests will be posted on the internet where special interest groups requests will be posted. It will be interesting to see who is really considered to be a "special interest". I doubt any of the special interest allies of this administration will show up on that list.

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