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September 8, 2011
Is Obama Insane?
A popular definition of insanity, variously attributed to Albert Einstein, Mark Twain, and Ben Franklin, is, "doing the same thing over and over and expecting different results." By this standard the President of the United States is clearly insane, if reports are true that Obama will tonight call on Congress to pass for yet another stimulus program, this time in the ballpark of $300 billion. What will this latest "stimulus" consist of? More government spending, of course (oops, I mean "investment"). True, some tax cuts are reportedly in the mix, but don't get too excited: According to Reuters, Obama would "...offset those short-term costs by calling on Congress to raise tax revenues." So really, in the end, Obama wants to tax more and spend more - that's his jobs proposal (again, if press reports are accurate), you know, the one he had to wait until after some late summer sun and surf at Martha's Vineyard to unveil.This...(Read Full Post)