Fiscal responsibility is dead. Well, it probably died years ago but can we bring it back? The city of Akron, Ohio – along with other cities in the state – will be able to hire and pay 23 police officers for three years thanks to federal stimulus dollars. Of course, the string is the city must guarantee to pick up the tab for an additional year.
Continuing with our Symptom of the Disease series, we’ve got President Obama admitting that he is not familiar with what is included in the current version of the House health care legislation. He has not read it, Congressional leaders don’t read it, party leaders don’t read it. But you know what? Bloggers like our own Sound Off Sister read it.
Yup, just another symptom of the disease. It was imperative that all 675 managers meet in person at the Arizona Biltmore – part of the Waldorf Astoria Collection.
Back in April during budget votes, Senate Democrats and a few Republicans got together to block an amendment to the main budget bill to ensure health care providers would not be forced to abort babies and violate their moral and religious convictions. What do you think about taxpayer funded abortion in upcoming health care legislation?
There are plenty of ways writers can spin recent details on how stimulus dollars – at a more than two to one ratio – are being directed to counties who voted for Obama/Biden as compared to McCain/Palin. It’s another sexy story, but just another symptom of the disease.
For those looking for Tea Party events in Connecticut this weekend, there are three scheduled on July 4 in Hartford, Norwich and Stratford. Read more
Central Pacific Bank received a $135 million injection of capital from the Treasury Department two weeks after Sen. Daniel Inouye (D-Hawaii) had one of his aides contact the FDIC and ask about an application for TARP funds. Nothing illegal here, but doesn’t it smell rotten? Just another symptom of the disease example.
For my next Symptom of the Disease example we review politicians and their personal finances. When politicians are involved with the regulation of business, they automatically are privy to a defacto version of insider trading. Cleveland.com reports members of the House Financial Services Committee were buying and selling banking and financial service stocks last fall.
I’m starting a new themed series for future posts called Symptom of the disease, in which I will always refer back to this post. The current AmeriCorps story is example one, where it seems Gerald Walpin, the inspector general of AmeriCorps got fired for doing his job a bit too well and stepping on the toes of Obama supporters who were in line to get federal funding for their pet projects.