Depressing

The "stimulus" bill is on fast track. It likely will pass today or tomorrow at the latest. Probably not one in ten Congressmen or Senators has read it. It was written in secrecy in the first instance by Nancy Pelosi and her staff. Negotiations in the Senate between Democrats and the rebel Republican three were conducted in secrecy. The conference was conducted in secrecy. So, we have a nearly $800 billion bill that only a few know anything about. Nevertheless, it's so urgent that it must be signed by President's Day. Why?

There are so many things wrong with the "stimulus" bill that it's hard to list them. It's too big. It's loaded with pork. It will inflate the currency and increase our national debt. It will set baselines for future expenditures that will increase future deficits or require massive tax increases. It's conceived based on a false, unproven and misunderstood theory of a long-dead, homosexual, British economist named John Maynard Keynes.

The rumored budget settlement of the California legislature further depresses because it calls for massive tax increases that will add new tax burdens to an already overtaxed populace. Republicans are rumored to have agreed to the tax increases. Not all of them but enough for the legislation to pass with two-thirds majorities.

The federal "stimulus" had to have three turncoat Republicans to clear the Senate. California's tax increases require three turncoat Republicans in each house of the California legislature. Can't all Republicans stick to their guns? Evidently not.