Posted by Donny Ferguson at LP.org. Reposted to IPR by Paulie.
From Congressman Barr’s Atlanta Journal-Constitution guest column today. Read the entire column here.
…the next edition of Oxford might properly include further definitions for the already-overused term (stimulus): ‘any massive federal spending program designed to funnel taxpayer monies into pet political projects; a term employed to disguise massive federal spending programs designed to funnel taxpayer monies into pet political projects, but labeled ‘stimulus’ in order to secure votes necessary for passage.’…
…But the true evil of this spending boondoggle is not so much its title as its substance. Virtually every pet project and constituency of the Democratic Party will be at the receiving end of the billions of dollars rushing down this latest federal money sluice. The disaster that is this “recovery and reinvestment act” is made far worse by the fact that every single one of its more than $800 billion bills is borrowed.
When all is said and done according to the government’s own estimate, this spending measure will add more than a trillion dollars to our national debt which already tops $10.2 trillion.
And there’s much more. Read the entire column here.

0 responses so far ↓
1 Libertarian Joseph // Feb 12, 2009 at 7:24 am
I agree.
2 Libertarian Joseph // Feb 12, 2009 at 7:26 am
seems like we’re getting the same change that Argentina got when they went “left” to get away from the problems caused by the corporatists. So much for change lol
3 paulie cannoli // Feb 12, 2009 at 8:49 pm
Robert Murphy suggests Randian Greenspan engineered the financial crisis on purpose:
http://www.libertyforall.net/?p=2064
4 paulie cannoli // Feb 13, 2009 at 9:09 pm
Anyone read that? Thoughts?
5 Bob Barr now a regular columnist in the Atlanta Journal-Constitution // Mar 11, 2009 at 11:44 pm
[...] the Atlanta Journal-Constitution for the past couple of months, which we’ve covered here, here, and here (and there is much more where that came from). Now Barr is moving up in the [...]
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