May 13 2009
Democrats Bailout Media, No Tax Cuts For Other Businesses
Well, we can see where the priorities lay for the political industrial complex (pols, talking heads and new media). While American businesses are shrinking with the American GFP, while Americans are losing careers and the federal government stimulus money is stuck in the bowels of the constipated federal bureaucracy, the political elites are sending tax cuts to the failing news media instead of to the economy in general:
Gov. Chris Gregoire has approved a tax break for the state’s troubled newspaper industry.
The new law gives newspaper printers and publishers a 40 percent cut in the state’s main business tax.Â
We see who ranks in the minds of the pols. Clearly they need their sock puppets in the news media more than they need to deal with the fact the news media produces a crappy, biased, uninformed product.
What about hard working Americans? What about small businesses? When do they get a bail out?
It is mind boggling that a tax cut is good for MSM to keep them afloat, but raising taxes on American citizens is good policy. So how is MSM going to support Obama’s tax raising policies after their bailout. SHOCKING, JUST SHOCKING.
Another thought, I received a letter informing me that I would get a check in a month of $250. How much do you think it costs to send a letter telling me I would be getting a check? I’m beginning to detest this government. They find $17 billion in cuts to the budget, but their projections are off by $87 billion in a $1.3 trillion budget, and that is just a guess. My guess is that it is much worse. Is there anybody serious in this government?
Remember this date. May 11, 2009 is the day the wheels began to fall off of our “entitlement” economy.
Bush warned it would come to this. Democrats in Congress accused him of “fear mongering”. That was in 2005.
Moody’s has issued a warning that it might downgrade the quality rating of US Treasury bonds. The dollar is plummeting today. That means oil prices will skyrocket.
Hold on tight, it is going to be a bumpy ride.
Thank goodness they’re not trying to nationalize other industries. So far, everyone who’s taken money from the feds have come to regret it, with the possible exception of AIG.
As banks that took TARP discovered, the feds have altered the deal. Pray we do not alter it further.
“the federal government stimulus money is stuck in the bowels of the constipated federal bureaucracy”
My vote for most accurate metaphor of the year!