Government misdirection

Obama’s new administration will never cease to astound me. First comes the multi-billion dollar Stimulus Bill, then the extraordinary Omnibus Bill without any pork. How’s removing tattoos from gang members at the cost to tax payers of $200,000 or $238,000 for the Polynesian Voyaging Society, $2 million for swine odor and manure management, $250,000 to preserve Lahontan cut-throat trout, $866,000 for stable fly control, $265,000 for blackbird management for example of the lack of pork in the bill.

Then to find out that it was Christopher Dodd who wrote allowances into the bill for corporations receiving stimulus money to payout bonuses. It doesn’t stop there, come to find out it was Geitner who engineered the AIG bailout. Geiter also lied about when he knew what he knew. According to Liddy, Federal Reserve Chairman Ben Bernanke has known about them for three months and Treasury Secretary Tim Geithner found out about the payments two weeks ago -- a week before Geithner has said he first heard of the bonuses from his staff.

Some Republican law makers have called for Geitner’s resignation:

“Lawmakers in both parties Wednesday questioned why Mr. Geithner didn't do more to derail the bonus payments and two Republicans called on him to resign.

The uproar comes on top of a skeptical reception to Mr. Geithner's plan to ameliorate the financial crisis and concern about his slowness in building a team.

From the outset, Mr. Geithner's tenure was clouded by questions about his failure to pay personal taxes. Now, seven weeks into the job, he also finds himself pilloried by late-night comics.”

Now, according to the New York Times the Obama administration plans to further take over private and publicly traded financial insitutions.

“The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a sweeping plan to overhaul financial regulation, government officials said.”

The new rules will cover all financial institutions; including those institutions that haven’t received any bailout money.

Can anyone justify such a government intrusion into the free markets? The government has no right to make compensation decisions for the private sector. This is economic fascism where ownership remains in private hands but is controlled by the government. Can this be their Ultimate goal? Obama is fininshing what FDR begun. This has always been the goal of the left.

Of course the lies and decpetion don’t stop there. Obama promises to cut the deficit in half by 2014 but according to tht WSJ the CBO tells a different story:

“Congressional budget forecasters said President Barack Obama's spending blueprint would produce significantly deeper long-run deficits than the White House has projected, complicating the task of enacting his ambitious domestic agenda.

"This will make it more challenging for Congress as we craft a budget resolution," said North Dakota Democratic Sen. Kent Conrad. The Senate Budget Committee chairman will be one of the key players steering the White House spending blueprint through Capitol Hill starting next week. "The reality is, we are going to have to make adjustments to the president's budget if we want to keep the deficit on a downward trajectory," Mr. Conrad added.”

More proof of the lies coming out of the Obama administration. Should America really put there trust in government to fix what they broke in the first place. Is this the philosophy of freedom? Should we ignore the lies and deceptions ignoring their consequences? America voted and America got what it asked for.