The Economist's Cookbook

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  • "The curious task of economics is to demonstrate to men how little they know about what they imagine they can design."

    - F.A. Hayek

House Passes Theft and Rape Bill

Posted by The_Chef On 2:26 PM 1 comments

Yes yes, I'm sure everyone is tired of hearing about it, but it needs to be clearly stated. This bill passed by the circus that is the US House of Rep. is nothing more than a spending spree for political contributors, special interest groups, etc. etc.

According the Congressional Budget Office (forgive me I can't find the actual CBO link), the interest accrued for the stimulus bill will be 347 billion over the next 10 years.

So let me get this straight.

The bill is ~800 Billion USD.

The interest is 347 Billion USD over 10 years.

Who thought this was a good investment? Keynesian theory is junk to begin with and suddenly we want to give this another go? This isn't even good Keynesian theory because none of the jobs "created" are sustainable. So Pelosi, and all of congress, take note: STOP RAPING THE AMERICAN PUBLIC!

How about you assholes in congress stop borrowing money you don't have, Cut all taxes AND spending by 60%, stop destroying the money supply by printing cash willy nilly, and LEAVE US THE HELL ALONE.

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1 Response for the "House Passes Theft and Rape Bill"

  1. Leaving us alone is not compassionate!

    Fucking Vampires. Actually no I like vampires, fucking intestinal parasites!