Lots of last minute surprises from the jerks in D.C.:
- Obama signed a $1.1 trillion spending bill
- The House approved a $155 billion jobs bill: I guess the stimulus package wasn’t enough to create jobs, so spend yourself further into debt, it’s the American way!
- The House raised the debt ceiling by $290 billion to finance six more weeks of spending: A $12.1 trillion debt limit, really, how quaint! And $290 billion over six weeks? C’mon Big Daddy-O, that’s not an allowance, it’s a pittance!
Well, that’s $1.1 trillion spent, with another $445 billion, in just one day. Does anyone even notice anymore?
- Pelosi hasn’t even done a full year’s work, and she’s already in campaign mode: Has she ever left it in her political life?
- The Senate Banking Committee rubber-stamped Ben Bernanke for another term: What intelligent statesman that committee has! Apparently, 16-to-7 is “an unusual amount of opposition from lawmakers who are disgruntled over the Fed’s bailout of financial firms.”
- Obama, Medvedev may get arms deal “in principle”: Yes, Reuters actually ran the story with exactly that headline. I guess an arms deal “in principle” is supposed to be meaningful, but does a deal “in principle” lower nuclear stockpiles “in reality”? No, I didn’t think so.
Apparently, spending ridiculous amounts of money is the only thing that can be performed with any efficiency or effect there.
Tags: Bailouts, Ben Bernanke, Congress, Obama, Pelosi
