Showing posts with label capital-injections. Show all posts
Showing posts with label capital-injections. Show all posts

Tuesday, February 3, 2009

The New Mandate: “Thou shalt OBEY”?

I was a dutiful registered Maryland Democrat until January. I still support many Democrats, particularly the ones that think for themselves and stand up to their own party machinery at the risk of being politically/socially exiled by their fellow party members.

As for the hypocrites and sell-outs, that’s another thing entirely. Right now I can only conclude that most leading Democratic incumbents are either drunk on their own power, in an all-out panic about the global economy, or both. The almost trillion-dollar “stimulus” package (full title: American Recovery and Reinvestment Act of 2009) is bewildering and massive, and the Dem leadership machinery seems insistent on ramming it through both chambers with a minimum of debate or compromise.

The full text is here on the HR website. Personally, if I want to read 647 pages of inscrutable text, give me Faulkner or Joyce instead. I think I need to look to independent academic / think tank types for insightful interpretation of this behemoth and its potential consequences.

How funny is it that Pelosi is co-sponsoring this bill with a Rep. “Obey” (D-Wisc.)?!