Friday, February 27, 2009

Talk is Cheap?

People used to say that talk is cheap. I used to believe that until I heard Tuesday's speech by the President. Evidently talk just got a lot more expensive! Like 3.6 trillion dollars expensive… I understand and appreciate the president's desire to be vigilant and compassionate. Yet there is something to be said about the virtues of prudence and stewardship. My fear is that the devil of these various spending bills will be in the details. President Obama may have good intentions for this money, but once this money gets to the local level, I can be fairly certain that the projects that will be funded will be politically motivated. In other words, the "infrastructure" and "investment" projects will happen to go to the people who are Obama cronies or who are powerful Democratic political players. Unfortunately, there are more Rod Blagojovichs out there that are eagerly anticipating the reception of this money. As for stewardship, let me gently and respectfully remind President Obama that the money he is spending belongs to other people. Spending it willy-nilly on projects and programs he approves of is not a wise use of this money. I personally would rather see more incentives for investment and the rest of the money go not to propping up failing businesses, but for unemployment benefits to the people who will fall through the cracks. But that's just a thought…

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