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2009-02-25 digital edition
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Opinion February 25, 2009  RSS feed


Stimulating us into debt

FROM JIM STILLWELL HAYFORK

People, take a good look at this stimulus package the president has put before the people.

His plan to boost the economy is to put the people into debt to the government for $500 the people have to pay back with interest for a piece of paper that was printed without anything backing it up. This is different from the money that was given to Wall Street and its privately owned businesses.

Where is the system of "make it or break it" that is free enterprise? This, for our government, is bad for the people. It says to the people that no other people or person with money will suffer a loss for gambling with their money.

There is an understanding between big business and government that they can go to the government and borrow big money. That is like taxing the rich.

They just pass the taxes on to the people with a handling charge back to the citizens that buy their products. If you do not believe this is correct just wait and see how much the cost of a new car will go up.

Know that I do not want the rich taxed more or the bailouts for the big car companies or the banks. I myself am not going to accept the $500 that is printed out of the sky and will not be taxed by this government.