Tuesday, August 10, 2010

$26 Billion More For Obama's PEEP's

President Obama and the Socialists that control Congress just approved an additional $26 Billion SwindleUS Plan to bail out the states to pay for teacher and other government employee jobs and Medicaid payments. This is in addition to Obama's Trillion dollar SwindleUS Plan I that they said was to pay to save these very same jobs. How many times do we need to pay to save the same 300,000 public sector union jobs?

Remember SwindleUS Plan 1 was supposed to result in unemployment capped at 8%, which failed miserably as we saw official unemployment jump to more than 10% before settling back to 9.5%. That is official unemployment. When all are counted including the under employed, those working part time who really want full time work and those that have simply stopped looking for work, the real unemployment rate probably exceeds 18%.

In any case, this latest $26 Billion pay off to the public employee unions is supposed to be "paid for" meaning that it will not result in more deficit spending. This is all smoke and mirrors. To get there, these Socialists once again raised taxes on business, which will result in job losses in the private sector and supposedly cut monies going into food stamps several years away. This is the same accounting smoke and mirrors that the Socialists used to try to say that Obama's HealthScare Plan will actually reduce deficit spending in the next 10 years. Anyone who believes that lie deserves the higher insurance premiums, rationed medical care and death panels that are all coming as a result of Obama's HealthScare Plan.

Let's face it. This $26 Billion bail out is just more payola to the teacher unions and other public employee unions who contribute hundreds of millions of dollars each election cycle to Socialists campaigns. Whose bread they eat, whose song they sing. This is just corruption and nothing more. Further, by providing the states more bail out money, tough choices are not being made related to priorities and cuts that are necessary. Over the years, public employee unions, with the help of corrupt Socialist politicians, have acted together to bankrupt both our states and the federal government. Elected Republican hands are not clean either; though in many cases even if they wanted to impose fiscal discipline, they just did not have the votes to do it.

However, the reality is that career politicians and public employee union members receive defined pension plans rather than Social Security that is two or three times the highest Social Security benefits. These pensions are not sustainable. The fact is that they are all feeding at the trough that is bankrupting our country. And now, the Federal Reserve has begun to monetize the debt, which will lead to high inflation and much higher interest rates. This has got to stop.

We must take back our country in 2010 and 2012 by sweeping these Socialist out of office and electing Conservatives who support free market capitalism, limited government, lower taxes and less regulation, a balanced budget, term limits, a strong national defense, including securing our border and fighting Terrorism, real energy independence and health care reform, the right to bear arms, the sanctity of life and family values. This is the winning platform supported by the majority of Americans and the only way to economic growth and job creation.

Most important, we must elect Conservatives in 2010 and 2012 who support our Constitution, as written by our Founding Fathers, not as contrived by the left wing media, Socialists Obama, Reid, Pelosi, former Presidents, Congresses, or the Courts. We must take back our country in 2010 and 2012. We can do it. We must do it to preserve our freedoms, our nation and way of life and for the sake of our children and grandchildren.

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