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The Weblog at The View from the Core - Fri. 02/13/09 08:08:26 AM

Fat, Bacon, and Cows

The U.S. House of Representatives is debating the conference report on the "stimulus" package. (The conference report is the result of negotiations in a bicameral committee to resolve differences between the House version, Jan. 23, and the Senate version, Feb. 7. I understand that no Republicans were involved in fashioning the conference report.)

As far as I can tell, each version of the bill (House, Senate, and conference) has comprised well over a thousand pages and appropriated in the neighborhood of $800,000,000,000 — which will be borrowed and accrue interest of hundreds of billions of dollars.*

Yet, I'm sure that Sen. Ben Nelson (D-Neb.) speaks for all of the Representatives and Senators who voted to pass the legislation in either chamber:

We trimmed the fat, fried the bacon, and milked the sacred cows.

I struggle to find appropriate words to describe the psychotic hubris behind such an appallingly nonsensical statement.

* P.S. It is also rumored that the appropriation will be "monetized"; that is, the Treasury will just print the money needed. All prudent governments operate that way... right?

Lane Core Jr. CIW P — Fri. 02/13/09 08:08:26 AM
Categorized as Political.


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  Needless Commentary from Small-Town America  

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