Friday, February 19, 2010

Chronicling Obama's Wasting of Your Money

I'm somewhat fascinated by the way the Obama administration is using the roughly $800,000,000,000 blank check which Congress generously gave it (of our money) at the beginning of Obama's term. Nominally the money was for saving the economy from disastrous ruin, and for job creation/preservation (both noble goals, and both utterly unrelated to and unaffected by this unprecedented bold display of waste and largess). The Obama administration has been dolling out this money slowly, with careful thought, spread between bribes, payouts, PR moves, partisan initiative support, and other targets for maximal political value. A brilliant strategy, on its face, as long as you can control the media message and continue to "get away" with it.

I wonder, though, what would happen if one or two large-impact media organizations started chronicling the various handouts and political giveaways for what they really are. For example, consider today's $1,500,000,000 handout of your money. What if, instead of the typical coverage, somebody was covering the event from the perspective of an average, fiscally responsible, hard-working American; eg:

Today, Obama gave $1,500,000,000 of your hard-earned taxpayer dollars to state housing agencies, to help pay for their increasing bureaucratic oversight and to help fund some new programs. Your money will help pay for people who are underemployed stay in houses they can no longer afford, help pay for houses people bought who could never actually afford them, and help subsidize payments for people who used their homes as ATM machines to live above their means. States have yet to announce how much of this funding will effectively (through budget redirection) go to subsidizing general state government waste and corruption, but sources indicate that at least part of the money will actually go to dead-beat home debtors.

Hey Fox News, if you happen to be reading this, feel free to use my blurb when you describe this latest taxpayer ripoff. I'd love to see a regular column for each of the Obama "stimulus" handouts with a similar real-world perspective...

1 comment:

  1. Nick. Thank you for this article. I saw HIM telling the people in Nevada about this yesterday. I'm so glad that I have done what is right, and played by the rules of common sense. Now I have enough money to help out the idiots out there that must have flunked grade school math, but were tops of the "It's not my fault, won't someone help me?" class.