Senseless Economic Stimulus Program
Posted by John B. Kalb - 2/18/08 @ 9:01 am - Filed Under National Politics
One reason we are in economic difficulties at the present time is because of the high price of oil. We still import lots of oil from Saudi Arabia.
Our elected congress and our president have this bright idea to give income tax refunds (plus some “welfare give-aways” to non-income tax payers, like myself in my retirement years). And this to “jump-start” our economy. Only problem is, to do this our country needs to sell lots more U.S. Treasury notes and bonds so we can accomplish this largess.
And who is buying these? The Saudi’s of course - a process that feeds on itself and will build to the point that all items of value in our universe will belong to the Arabs!
Remember, beginning in 1969, Henry Kissinger, as top presidential advisor, convinced the Shah of Iran to use OPEC as a cartel to enable prices of oil to rise (he said by 10 times) so that he could afford to by our U. S. of A. military hardware so he could continue his dictatorship. (This didn’t work out for the Shah, since his regime fell in 1979).
Now we are going to do a similar really dumb thing with this “rebate” - with the desire of those in control in D.C. (both the elephants and the jackass’) to remain in charge - or so they think - the real ones in global control are going to be the Saudi’s and their partners. And our own government is just going to insure that this happens!
We sure could use some Harry S. Truman’s in Washington, but I guess they are all unavailable for public office.
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