Issue Position: Spending

Issue Position

End Wasteful and Misguided "Stimulus" Spending

The $749 Billion stimulus package enacted by Congress has been shown to be a failure. Furthermore it has resulted in massive political payoffs to Wall Street insiders, the Union bosses, and the Political class.Most of the stimulus - approximately 500 billion dollars of it - remains to be spent. This money will judiciously be spent to buy votes for political incumbents as the 2010 elections approach.The stimulus has not resulted in the 8.5% unemployment rate promised by it's proponents. Indeed the current official unemployment rate is 9.7% and the broader measures of unemployment are upwards of 20%.
Goldman Sachs, General Motors, Bank of America etc. were all bankrupt corporations whose shareholders should have been wiped out. But instead the Government uses our money to pay off those in control of these companies. Without exception you can expect that some of the Billions of dollars of "aid" given to these companies will filter back into the campaign war chests of its chief sponsors. This is Corruption at the highest level of our Government. It is what I am fighting against.

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