Tuesday, March 10, 2009

The Bailout Explained

This videos funny - or should I say very sad - because it explains how our government is thinking now.

Here's another story to illustrate:

How the economic stimulus works

"Young Barry in Illinois bought a horse from a farmer for $100.
The farmer agreed to deliver the horse the next day.
The next day the farmer drove up and said, "Sorry son, but I have some bad news... the horse died."
Barry replied, "Well, then just give me my money back."
The farmer said, "Can't do that. I went and spent it already."
Barry said, "Ok, then, just bring me the dead horse."
The farmer asked, "What ya gonna do with him?"
Barry said, "I'm going to raffle him off."
The farmer said, "You can't raffle off a dead horse!"
Barry said, "Yes, I can. Watch me. I just won't tell anybody he's dead."
A month later, the farmer met up with Barry and asked, "What happened with that dead horse?"
Barry said, "I raffled him off. I sold 500 tickets at two dollars apiece and made a profit of $898."
The farmer said, "Didn't anyone complain?"
Barry said, "Just the guy who won. So I gave him his two dollars back."

Barry now works for the government."

(from the Patriot Post)

The Republican Party stands ready to work together in a bipartisan manner with the Democrat leaders in Congress and the President to open new markets to American exporters, create more jobs at home and grow the economy.

But we will not march lock-step with the President and Democrats when they are wrong. The recently passed "stimulus" bill was one such example. Republicans were unified in our disagreement with Congressional Democrat leaders and President Obama on this bill. It comes down to this: The Democrat plan focused on putting Americans on the public dole, while the Republican plan focused on putting America back to work.

Governor Jindal laid out the differences between Republicans and Democrats. In his own words: "We think it's more important to get the private sector moving rather than just spending government money."

Mitt Romney also shares his ideas on how to stimulate the economy, and what conservatives must do in order to right the direction of this country again. His powerful testimony shows us why the future of conservatism is alive and well in this country!

"The President has already moved to stop our economy’s downward spiral. Parts of the stimulus will, in fact, do some good. But too much of the bill was short-sighted and wasteful. Every single Republican in Congress voted in favor of a better stimulus plan, one that focused on creating jobs immediately. But Congressional Democrats couldn’t restrain themselves from larding up their bill with tens of billions of dollars for their political friends. Republicans wanted to stimulate the economy, Democrats wanted to stimulate the government. Conservatives in the House and Senate stood their ground and voted no—and they were absolutely right." - Mitt Romney - read the rest of his speech at CPAC here

1 comment:

Mel said...

Both videos are great!!!