Dear Mr. President, With All Due Respect...
Dear Mr. President, I read your New Era $3.6 Trillion Budget Proposal. I also listened to your
speech Tuesday night. You made a great campaign speech. However, the campaign is over. You won. And the reason you won is you offered hope as well as a promise
With all due respect Mr. President, Tim Geithner and Ben Bernanke are
offering the same policies as President Bush and Secretary Paulson. Those
policies are to bail out banks regardless of cost to taxpayers. Mr. President,
it's hard enough to overlook Geithner's tax indiscretions. Mr. President, it is
harder still. if not impossible, to ignore the fact that neither Geithner nor
Bernanke saw this coming. [Ed-M: but they knew it's been here since the first collapse of an old institution last MArch: Bear Stearns.] Yet amazingly they are both cock sure of the solution. Even more amazing is the fact that solution changes every day.
With all due respect Mr. President, Geithner and Bernanke are a huge part
of the problem, and no part of the solution and the sooner you realize that the
better off this nation will be.
With all due respect Mr. President, your budget proposal is the same big
government spending as we saw under President Bush. The only difference is you
promised more spending and bigger government, while President Bush promised less
government and less spending and failed to deliver on either count.
With all due respect Mr. President, it is impossible to spend one's way out
of a problem, when the problem is reckless spending.