Foundersfreedom Blog

American virtue, free speech and renewal

Geithner speaks, “stimulus” passes and Dow drops nearly 400 points – not much of a confidence builder

Posted by foundersfreedom on February 10, 2009

The first $350 billion didn’t do anything and we’re about to see if throwing the other $350 billion will stick as we throw it at the wall.  What a great way to run a “recovery.”    A 400 point drop doesn’t show much confidence from Wall Street that this will work. Even with the senate passing the “stimulus” bill.

Now the real fight begins as the conference committee has to listen to the Democrat House members whine and moan about the pork negotiated out of the Senate version.  When asked whether this could push the 3 Republican defectors out of the deal, Queen Pelosi says, “that’s not my problem.”  ‘Atta girl, stay true to your liberal theology.   Their real motives behind this plan will be shown in vivid, living color.

This could be fun to watch as long as sanity steps in and stops this monstrosity. Dem House members porking up the bill as Dem Senators try to stop them. 

That begs a question which will not be asked by the MSM.  Which side will Obama put the pressure on?  You know he wants the spending since he said that’s what the whole thing is about, but he has to have support from at least 2 Republicans in the Senate to get it done.

While it sickens me to give that much power to Snowe, Collins and Specter, perhaps putting the spending back in will give them the opportunity to do the right thing and back out as they said they might.

More to come…

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