KUHNER: The Peron pattern

America is heading down the road to socialism - and ruin


America is heading down the road to socialism - and ruin. Numerous proposals have been enacted to reverse the economic downturn. First, in the spring of 2008 came the $180 billion stimulus program. Then, the 2008 summer $345 billion housing bailout. This was followed by the 2008 fall $700 billion bailout of Wall Street.

Now, the House and Senate have passed a nearly $800 billion stimulus package. Hence, more than $2 trillion will have been spent in a futile attempt to revive the economy. We are imposing upon our children and grandchildren the burdensome costs of our addiction to big government. And this doesn't even take into account Treasury Secretary Timothy Geithner's plan for the taxpayer to absorb another $2 trillion to $4 trillion in debt to clean up the financial system. In other words, America is being buried under a mountain of debt - a debt that will trigger soaring inflation, crushing taxes and high interest rates. This is a recipe for economic disaster. More...

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