Fox News, along with Matt Drudge, are reporting that President Elect Obama is headed to Capitol Hill to meet with members including House Speaker, Nancy Pelosi. The purpose of this meeting is reportedly to build some steam for his economic stimulus package which contains nearly a 300 Billion dollar tax cut (Nearly 40% of the total package).
There is one deadly Socialistic problem with this package though. With 157 million tax returns filed every year, only 100 million of those actually pay taxes. Obama plans to rebate everyone. Yes, it may stiumlate the economy, assumming people that make consistently poor decisions with money actually spend it on something that will assist them through the financial turmoil...but I'm not holding my breath. If you don't pay taxes, then you shouldn't get money back. It's simply not right. It's equally stupid for CEO's of underperforming companies to get huge bonuses. It just doesn't compute. I find that most of his moves thus far, with a few exceptions in the Cabinet, have been Centrist. I feel the strong sensation that I'm being lured closer and closer to the water, only for the lurking Crocodile to snatch me under, drown me, and stick me under some log and save me for later.
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