The mayor of Houston proposed a plan of pure insanity that rewards bad financial behavior. This is a microcosm of Porkulus, the $787 billion spending behemoth of President Barack Obama, Nancy Pelosi and Harry Reid.
Mayor Bill White proposed the city dole out grants up to $3,000 to individuals who are trying to qualify for mortgages through the city’s home buyers assistance program. According to the Houston Chronicle, the "Credit Score Enhancement Program" was aimed at helping people who fall 10 to 20 points shy on their credit application use the money to pay off debt and raise their scores. The funds would be used from a left over from a city appropriation of funds to repair homes following Hurricane Ike. This money would be used for people to pay off credit card debt and car loans! This plan realizes the idea of wealth redistribution - using taxpayer money to help people pay their debts is nothing short of insanity. It gives even more rise to the idea of allowing the state to take care of people rather than having the people take care of themselves.
Showing posts with label economic stimulus. Show all posts
Showing posts with label economic stimulus. Show all posts
Tuesday, February 24, 2009
Whatever happens, Burris' legacy has been sealed with the stimulus vote
Everyone and their mother is calling for the resignation of Sen. Roland Burris, the latest in a long line of corrupt Illinois public officials.
He arrived in the Senate under a cloud and has remained under that cloud during his short stint. While Burris hasn't been in the U.S. Senate long enough to line his pockets or cement himself in other nefarious traditions, he's been there long enough and the damage has been done. Burris was there to pass Porkulus, the so called $787 billion stimulus plan. According to Sun Times columnist Lynn Sweet, Burris first told Senate leaders Harry Reid, D-Nev., and Dick Durbin, D-Ill., that there was more to his appointment than met the eye. According to Sweet:
Passed with exactly the number of votes needed. No wonder President Obama pushed for Burris to be seated after his appointment. Burris. Without Burris in office, Porkulus was in danger. With Burris in office, Porkulus was unleashed on the taxpayers.
While it's imperative that Burris leave the Senate and return that seat to the people, the damage has been done to the nation. If the people are allowed to elect his successor, perhaps that vote will block future irresponsible spending packages.
He arrived in the Senate under a cloud and has remained under that cloud during his short stint. While Burris hasn't been in the U.S. Senate long enough to line his pockets or cement himself in other nefarious traditions, he's been there long enough and the damage has been done. Burris was there to pass Porkulus, the so called $787 billion stimulus plan. According to Sun Times columnist Lynn Sweet, Burris first told Senate leaders Harry Reid, D-Nev., and Dick Durbin, D-Ill., that there was more to his appointment than met the eye. According to Sweet:
Burris dropped the news when Reid and Durbin were on the Senate floor whipping the roll call for the stimulus bill, which passed with exactly the number of votes needed.
Passed with exactly the number of votes needed. No wonder President Obama pushed for Burris to be seated after his appointment. Burris. Without Burris in office, Porkulus was in danger. With Burris in office, Porkulus was unleashed on the taxpayers.
While it's imperative that Burris leave the Senate and return that seat to the people, the damage has been done to the nation. If the people are allowed to elect his successor, perhaps that vote will block future irresponsible spending packages.
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