by Stephanie Shu

Created on: April 01, 2009

Obama's administration's methods of "helping" the economy are ineffective and wasteful. Printing money proves only to be a waste of paper since we, as a country, have yet to accumulate enough wealth to back it up. Since when can you dig your way out of debt by spending more? Most Americans might wish that spending $1 million will pay back $1 million, but really, in the end you're left with $2 million and and cardboard box. With Obama printing money at the rate he currently is, he'll eventually rack up a greater grand total of national deficit than Bush with even lower approval ratings, which are already dropping at a steady pace. The stimulus "pork" package is not helping either. As a whole, it contains much more pork than stimulus. For example,

Seeking Alpha points out that $650 alone is being doled out on digital TV conversion coupons. Keep in mind that this is an addition to the multi-millions that have already been spent on the same exact project. This unnecessary spending is weakening the economy. Even the Obama Administration knows this, but will not come out and announce the bad news in a straightforward manner. Nancy Peloski hints strongly that a second stimulus is being seriously considered, undermining the title "stimulus". What does it say for how effective money injections are when you need a stimulus to support a stimulus? We don't have an earth supporting our earth do we? The government "by the people and for the people" is being turned against the people. Someone please explain to me how this phrase in the Constitution is being supported if just 37% support the "pork" package. It seems that Obama is sufficiently interested in taking away our right to own arms, a right specifically guaranteed in the 2nd Amendment of the Constitution. But wait, the list of lawbreaking moments dos not end there. The bailout bill also states that money the government handed to companies must be returned, "senior and prior to all obligations of any such holding company of companies with a majority stake...". Or in other words, the government is more important than anything else and must be paid back first. Well, the Constitution states that when taking property, (in this case, money) it is to be returned in a just manner, which is the order in whitch it was loaned. We mind as well just burn the Bill of Rights along with the Constitution unless Obama decides to read it sometime. I mean, he is president isn't he?

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