Never Mind the Fine Print – How About the Big Print?
- February 16th, 2009
- By Editor
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According to some accounts, both Congressmen and Senators alike have admitted that they have not read the new “Stimulus” bill that they support. The bill is said to be over 1000 pages long and apparently, no one really knows all that it contains. In their zeal and excitement to simply get the bill passed as quickly as possible, they are willing to vote “yes” on a record expenditure without even knowing what they are voting on.
This of course is reminiscent of the way that the “Mortgage Crisis” started in the first place. A lot of people, in their zeal and excitement to buy a house as quickly as possible, signed the mortgage without really knowing what they were signing either. Once they found out the terms of their contract and what it said they actually had to pay, we heard terms like “predatory lending” and saw anger at the banks that were demanding compliance with the mortgage contract or threatening foreclosure.
Not only is it appalling that such an expensive bill is rushed through Congress without anyone even bothering to read it, it is disturbing that there is little evidence to suggest that this stimulus will work at all – even if it were the job of the federal government to stimulate the economy in the first place.
This is not “change”. This is more of the same behavior that brings us into trouble again and again; banning a free-market economy by forcing us to invest in failing companies that no one would invest in on their own, using someone else’s money to buy your way out of a problem, thinking that the federal government is the answer to things that it has no business getting involved in, blaming someone else, and being irresponsible by rushing into actions just to do “something” when it is not even known what it is you are doing.
Bad idea. Rush – rush – rush. Spend – spend – spend. Vote yes on a bill that you haven’t even read? A lot of money is going towards this – my money and the money of all taxpayers – current and future. Why are some surprised or offended that we question it?
