Save America The Blog

European Union Politician Slammed U.S. Plans to Spend its Way out of Recession

2009-03-26T06:12:00.000-07:00

Wednesday, March 25, 2009

Czech Prime Minister Mirek Topolanek, whose country currently holds the EU presidency, told the European Parliament that President Barack Obama's massive stimulus package and banking bailout "will undermine the stability of the global financial market."

Topolanek's comments are the strongest criticism so far from a European leader as the 27-nation bloc bristles from recent U.S. criticism that it is not spending enough to stimulate demand.

Topolanek bluntly said that "the United States did not take the right path."

He slammed the U.S.' widening budget deficit and protectionist trade measures — such as the "Buy America" — and said that "all of these steps, these combinations and permanency is the way to hell."

"We need to read the history books and the lessons of history and the biggest success of the (EU) is the refusal to go this way," he said.

"Americans will need liquidity to finance all their measures and they will balance this with the sale of their bonds but this will undermine the stability of the global financial market," said Topolanek.

Back Pedaling Prez....

2009-03-16T15:16:00.000-07:00

When a political party such as the liberals have little to no core values it is easy to back pedal especially when you rule by polls. See the liberal governments only core value is to "stay in power at all costs."

Photo array courtesy of Fox News

What the President Says and What He Does

2009-03-12T08:42:00.000-07:00

One must wonder why the President would sign such a pork-laden budget into law, when on the Office of Management there is his, fine verbiage of what his principles supposedly are:
Those of us who manage the public's dollars will be held to account—to spend wisely, reform bad habits, and do our business in the light of day—because only then can we restore the vital trust between a people and their government.
– President Barack Obama

2009 Omnibus: Pork Plus a a Pay Hike for Congress

2009-03-11T09:40:00.000-07:00

Part of the new 2009 Omnibus Pork Bill fettered a new revelation: A pay increase for congress.

Congress getting a $4700 a year pay hike...just not this year... thanks to the new 2009 omnibus bill. But its dollars ahoy in 2010.

Hats off for Democratic Senator Russ Feingold for being vocal on this matter, and voting NAY for the passage of the omnibus bill.

We need to vote these Republicans out at the Primary levels:

Here's the list of the so called Republican Senators who voted for this pork barrel spending bill:

Sen. Lisa Murkowski [R, AK]
Sen. Lamar Alexander [R, TN]
Sen. Thad Cochran [R, MS]
Sen. Richard Shelby [R, AL]
Sen. Olympia Snowe [R, ME]
Sen. Arlen Specter [R, PA]
Sen. Roger Wicker [R, MS]

GOOD JOB to these Democrats:

Hats off to the Dem Senators who voted NO to the bill:
Sen. Claire McCaskill [D, MO]
Sen. Russell Feingold [D, WI]
Sen. Evan Bayh [D, IN]

From the Christian Science Monitor 3/11/09

In Midst of Recession,
Lawmakers Still Get Their Pay Raise

By Mike Lillis 3/10/09 8:23 PM

The stock market may be down 50 percent from a year ago, housing prices might be at 2003 levels, unemployment might be gaining momentum and recovery may be along ways off. But none of those things prevented Senate lawmakers — primarily Democrats — from voting to give themselves a pay raise late Tuesday evening.

A bill that would have blocked automatic congressional pay raises — and forced lawmakers to vote on their own annual salary increases — was shot down by a vote of 52 to 45.

To be fair, the pay-raise freeze was being offered as an amendment to the $410 billion omnibus spending bill, which Democrats were dying to be rid of so they can move on to other issues. Attaching the salary amendment would have jeopardized the spending bill, leaving even those Democrats who support a pay freeze in the tough spot of voting against it for the sake of the larger proposal. Also, the omnibus contained a provision blocking the automatic pay raise for 2010, though it will be restored afterward. The omnibus bill ultimately passed the Senate Tuesday evening by a margin of 62 to 35, and will now move to President Obama’s desk for signing.

As a result of today’s votes, most lawmakers will make $174,000 this year — up $4,700 from 2008.

One vocal opponent of the automatic raises, Sen. Russ Feingold (D-Wis.), issued a statement after the vote blasting the day’s developments. “Automatic pay raises for members of Congress are never appropriate,” he said, “but now, in the face of the worst economic crisis since the Great Depression, they are truly outrageous.”

Welcome

2009-03-05T07:22:00.001-08:00

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