LibertyBag
Liberty: The Only Stimulus We Need Bag
The unneeded stimulus package is an assault on the American way of life and liberty. It is an unnecessary waste of a huge amount of our treasure and was born and hatched by the Obama’s rule to spend our money the way the rulers see as correct; it is mostly wasteful. We are seeing a vast amount of theft of funds estimated to be in the range of $50 billion.When a more immediate and correct solution would have been to slash all taxes on the working people of this country, and to install tax cuts for all business people, and slash all taxes for new business being established or existing businesses growing larger, adding employees or locating in the USA.
Additionally, eliminating all capital gains taxes, and reducing/eliminating gasoline taxes, reducing or slashing real estate taxes. The effects on this economy would have been a dramatic upward leap; with more disposable income in the rightful hands of the people who earned it. Purchase power increases would have seen a huge jump in sales everywhere. With these huge incentives for business, job, and business creation would have skyrocketed, and investors would have been making huge purchases with the elimination of the capital gains tax. Instead, the Obama socialist policies and this
huge bust of a stimulus package has stalled the economy, and will create massive debt and massive hardship on us for generations,and thus rob us of our liberty and independence.The bailout bust was and is another Obama fiasco, with waste galore and hardly any positive effect. When a far better, less costly solution would have been for the US government to buy up all the bad loans and bad mortgages, then take these homes, and auction off all these toxic debts at reduced prices to the public, the demand would have been huge on these now cheap, and affordable homes and by now the new owners would have been spending at Home Depot, Lowes, Sears, Penney , and the rest of our great American stores, to fix up their new 1st, 2nd ,or 3rd, dream homes, and thereby stimulating our economy.
The expense to the US would have been 1/10 of what this failed bailout has and will cost us, with $1 trillion per year we will be forced to pay in interest charges just to service the bailout debt, and shackle our earnings which will be taken away from us in the form of taxes galore,again destroying our liberty and independenc.These ideas, if implemented, would have made this recession mild and short and almost non existent.
Instead, the Obama socialists chose to use our economic problems as an excuse to implement their big government objectives to nationalize our industries, banking, insurance, auto production, and socialize, and steal our free speech and liberty, and take our population hostage to the government’s giveaway programs. Instead, our economy could have grown and given people jobs and self worth and hopes.