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Monday, May 17, 2010

Dem Congress just getting warmed up
By Offsite on 05/17

How much worse can it get? Since 2007, the Democrat-controlled Congress, coupled with the Obama regime after 2008, has done great damage to our personal liberty and our free-market economy. Now it seems they are just getting started.

Here’s the scorecard so far: Bailouts of “too big to fail” fat cats funded by a “too big to ever pay back” debt saddled on an out-of-work public and their progeny. The takeover of the car business for the benefit of the UAW was paid for by more debt with congressional committees now designing transmissions. Then there was the federalization of all health care with 32 new taxes and huge new bureaucracies requiring you to buy a health insurance policy that the feds design from a private company at a price that company sets. Finally, there was the federal takeover of the mortgage business with subsidized mortgages to unqualified borrowers in an attempt to re-inflate the real-estate bubble. Full Piece

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