Bailouts

When is the Republican Spending Spree Going to Stop?

Since November’s election, which gave the Democrats the White House and the Senate and the Republicans the House of Representatives, there have been two major pieces of legislation on the floor of the House of Representatives; the first, a big spending and taxing bill, and the second, a big spending bailout bill.  Both times, the Republican-controlled House passed the bills with a very small number of Republicans voting for them. The Republican leaders could have, and should have, refused to bring these bills to the House floor for a vote. In the first of these two big spending bills, the Republican-controlled House also passed the biggest tax increase in some 20 years; Barack Obama’s whopping $620 BILLION tax increase legislation.

When the Tea Party and conservative movements gave control of the House of Representatives to the Republicans in 2010 with a huge pick-up of 63 new seats,   --  after the GOP had lost majority control in 2006 because of their prolific spending  --  and control of the House again with a large majority last November, there was no way conservatives believed that the Republican Party would repay them with two gargantuan back-to-back spending bills. 

U.S. to Illinois: “Drop Dead”

On October 30, 1975, the “New York Daily News” had a headline in 3 inch bold print over a photograph of President Gerald R. Ford blaring: “FORD TO CITY:  DROP DEAD.”   That headline became one of the most famous political headlines in American history.  It encouraged the weak and discouraged conservative movement demoralized after several years of big spending by the nearly-impeached President Richard Nixon during his disastrous time in office.  President Ford had given a speech the day before the attention-getting newspaper headline in which he denied federal assistance in order to spare the big-spending New York City from bankruptcy.

Ironically, the RINO (Republican in Name Only) president, Gerald R. Ford, blamed the headline  --  which had cheered the conservative movement  --  for his losing the presidency to Jimmy Carter the next year after barely losing New York’s electoral votes.  Ford protested that he never said those words “drop dead.”  Ford whined years later, “It more than annoyed me because it wasn’t accurate.  It was very unfair.”

Stop these bailouts Congress!

Many of the young people who are graduating from college looking to start careers in a market with 22% less jobs than in recent years - and who provided much of the campaign energy to get Barack Obama elected president - are having second thoughts. They are beginning to wonder if Obama's huge spending programs are depressing the job market and, indeed, if it could be a continuing problem for them in future years as they later seek better jobs.

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