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Obama "stimulus" includes federal control of doctor decisions

Betsy McCaughey of Bloomberg reports on a little-known provision in Obama's $1.1 trillion package of welfare transfers and expanded government, a new federal bureaucracy in Washington, D.C. that tracks your health information and can order your doctor to stop treating you:

Obama proposes $9.7 TRILLION in new spending...and rising

Bloomberg financial news reports Monday the current price tag for the array of bailout, welfare transfers and new spending is reaching an astronomical $9.7 trillion.  $700 billion of that is the first Troubled Asset Relief Program pushed by the previous Republican White House.

Russell Roberts on the failed history of "stimulus packages"

When Barack Obama pointed last night to the stimulus packages passed by the Japanese during their 1990s recession, I had to guffaw because they simply didn't work.  Trillions of dollars were spent on explosive government growth that did little to nothing to spur economic recovery, though it did sink the nation into crippling debt.

Russell Roberts, writing for Cafe Hayek, lays out the Japanese experiment.  Click on the link to read it for yourself, the take-home lesson is this:

CBO: Economic slump will end mid-2009

The non-partisan Congression Budget Office reports the current economic slump will end sometime around mid-2009.

Keep in mind Obama himself admits any effect he thinks his government expansion will have on the economy won't take place until 2010 -- well after the slump will end anyway.

FR poster gives Republicans a recent history lesson

Over on the conservative discussion forum Free Republic, partisan Republicans are desperately trying to separate themselves from those Senate Republicans cutting a deal to pass a massive "stimulus" spending bill, a tough task given the fact the Republican Party will in no way discipline "yea" votes and the RNC will continue to spend millions re-electing those senators.

One reader, posting as AdLibertas, gets it and calls his own party to task:

Congress on massive 'stimulus' waste: 'So what?'

Obama's $1.2 trillion welfare-and-spending package contains little direction on just how exactly your money should be spent. 

Rightfully concerned about the possibility that billions of taxpayer dollars could be wasted, National Public Radio asked House Appropriations Committee Chairman David Obey about the potential for bureaucrats blowing unprecedented amounts of cash on wasteful items, or even themselves:

CBO: Obama plan damages our economy

The non-partisan Congressional Budget Office finds Barack Obama's $1.2 trillion dollar welfare-and-spending plan causes even more economic damage than if Congress were to do nothing, The Washington Times reports yesterday.  Support for the massive long-term expansion of government spending and debt is plummeting, with opposition rising fastest among independent voters.

Now a FOURTH Obama nominee faces tax questions

Confirmation hearings for Labor Secretary nominee Hilda Solis now involve more than her lobbying for an anti-employer organization attempting to change federal law to allow union organizers to more easily coerce workers into joining unions.

WSJ: Congress, Obama only 'stimulating' government

The Wall Street Journal's Daniel Henninger doesn't point out congressional Republicans voted against the stimulus, not out of opposition to Big Government, but in spite of it.  They simply wanted their pork included.

Obama discourages struggling banks from hiring qualified managers

Hoping to win favor for adding trillions of dollars in additional bailouts for banks to his already-struggling government expansion plan, President Barack Obama announced yesterday the imposition of salary caps on executives whose banks receive TARP funds.

In other words, if your bank is struggling and its failure could throw the economy deeper into turmoil, Barack Obama wants to make it even harder to hire the managers you need to stay in business.

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