Schumer on Stimulus Package 2 (Final Passage)

[Bristecom]

The government is not a business. It does not make money. It has to take it from us by force and redistribute it the way it sees fit. People are finally waking up to the size of our government, its debt, and the consequences of inflation. They realize now that the stimulus package does nothing to help the average American and that both republicans and democrats are selling them out. Every major recession is the direct result of the Federal Reserve and government interference in the free market.

[Alphasam8108]

Oh lord, he has it all wrong.

A tax cut is the best idea, government spending never helps. Dems are for the middle class -hahahahah.

Dems hate hate the middle class, they hate anyone that is successful, because then they can't help the "victims" of the "evil rich".

Republics are also corrupt, the future is "we the people", the radical independents!

[Manchac7]

Either Mr Schumer was comatose during the 1980's or he is a recent graduate of Professor Obama's Marxist 101 class on Growing Government : Keeping Working People in their Place.

[motoguzzigriso]

I gave this video an "awsome" rating because it is a great example of how the Democrats think. It is THEIR money first, your's a distand second. Did you hear him say that this spending bill would ensure a permanant Democratic majority in Congress? He assumes that the money thrown at certain group of people in this legislation will buy their votes from election to election. We'll see in two years Mr Schumer.

[motoguzzigriso]

I made another post on "part one" of this video, be sure to watch it in full. Truely sickening stuff.

[ed2276]

Schumer also fails to recognize that the reason that there is opposition to Federal spending on education and schools, healthcare, transportation costs for roads and bridges, and energy policy is that none of these are the constitutional domain of the Federal Government. That is, the Federal Government does not have the Constitutional authority to either legislate or spend in these areas.

Conversely, the Constitution explicitly authorizes Congress to fund the military and to tax or not tax.

[ed2276]

In his sophistry, what Schumer fails to reveal is that $800 billion in tax cuts only results in mounting Federal debt IF the Government fails to reduce its spending by like amount.

Why does Schumer call taking less of people's money from them in taxes "spending"? If the Federal Government does not take the money from the people in the firstplace it is not the Government's to spend. It remains in the hands of the people to spend.

[gnp107]

And if the people don't spend it which they are not (which is why the last 8 years of policies have failed), then companies fail because there is no investment - thus to stimulate you need to create new jobs and allow for spending in new areas thus putting more investment into the economy.

[motoguzzigriso]

This does not work in practice gnp107. Tax cuts have been proven spur economies in bad times over and over again. JFK in the 1960's, Reagan ended Carters stagflation economy with tax cuts. Bush ended Clintons recession with tax cuts. Unfortunatly, Bush allowed greater spending, but that is another issue. In any case, Obama is going to instead RAISE spending and let the Bush tax cuts expire in 2010, less than a year away. Economic poison, just you wait and see. Obama makes Carter look good

[gnp107]

Point made - and in two years congress's shifts will tell us a new story. Lets hope for now it works out for the best and we don't end up with a 9.4 trillion debt to deal with.

[motoguzzigriso]

Indeed. Public opinion is turning back towards Conservatives daily. Not "compassionate" conservatives, but fiscal conservatives of both parties.