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Market Makes Gains For the Fourth Day in a Row, is There Still Time to Stop the Stimulus?

March 13, 2009

  Today the stock market closed up for the fourth straight day. Is the market beginning a natural correction on it’s own, the way that is always has? Or is this just one of those little blips that our dear leader was talking about? That remains to be seen.

  All of the economic news that came out this week was better than the so-called experts expected. Even President Obama, after weeks of talking down the economy had to admit “the economy isn’t as bad as we thought.”

   And all of this has happened before the president’s stimulus package has been implemented. So the question that needs to be asked is this: if the market continues to trend upward and the economic indicators continue to exceed expectations do we still need to implement Obama’s stimulus package?

  And a second question would be: should we at least hold off on implementing the stimulus plan until we see what happens in the market? If everything continues to trend upwards I don’t see why the stimulus package still needs to be implemented. We could save our grandchildren trillions of dollars by holding off on implementing this irresponsible spending bill.

  The bill of course will not be put on hold because the stimulus doesn’t have anything to do with the economy. The stimulus bill is designed to grow the government and increase the number of people who are collecting a check from the government and the upturn in the stock market will not affect the ultimate goal of the stimulus bill. The stimulus bill will roll on, it is much too late to stop it now, but wouldn’t it be great to have it stopped dead in it’s tracks because the market corrected itself on it’s own?

  The free market always rebounds, and it will this time, if we give it time. But Obama is not interested in letting the market play itself out because he sees a crisis as an opportunity and he doesn’t want to let a good crisis go to waste. In this case Obama is using the economic crisis as an excuse to push a far left agenda, he isn’t interested in letting the market correct itself. What the market does is secondary to Obama’s ultimate goal and the stimulus provides him with a means to accomplish that goal.

  So while the stock market shows signs of improving Obama will move forward with the stimulus bill. Is there time to stop the stimulus? No, because the goal of the stimulus, to grow government dependency, is so close that Obama can taste it.

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4 Comments leave one →
  1. joe from new hampshire's avatar
    March 14, 2009 1:43 am

    Many people wondered what the big rush was in passing porkulus in the first place. Well, I think they have their answer now. He had to get the first punch in. If he had gone slower, some in Congress would be asking the same thing you did in the first paragraph or two, and he would never have gotten the price tag that high. You are right though, the money is spent. Once those money grubbing bastards smell blood, nothing will stop them. The market might keep porkulus II from being born though. Won’t Piglosi be pissed off!

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    • Steve Dennis's avatar
      March 14, 2009 5:01 am

      The rush was to get the bill passed before the people saw what was in it. People were beginning to hear some of the details and as they did it seems as if the administration made the passing of this bill sound even more critical.
      Now that the bill is passed he goes on television and says the economy isn’t as bad as we think it is. People see through this, don’t they?

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  2. Tom's avatar
    March 14, 2009 7:44 am

    The only reasons for the market to pop back up besides Citi-group posting a profit (after getting a bailout) is that Obama and his flunky Treasury Secretary kept their mouths shut for a couple of days…

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