Monday, January 5, 2009

Key Democrat: No stimulus by inauguration

“It’s going to be very difficult to get the package put together that early,” House Majority Leader Steny Hoyer of Maryland said. “But we certainly want to see this package passed through the House of Representatives no later than the end of this month, get it over to the Senate, and have it to the president before we break” in mid-February.

Unreal! More people will die. (The crime rate/murder rate is a function of the economy.) Congress has already left people in the lurch for two and a half months, now they are saying, "You'll have to wait longer."

This could bring some renewed weakness to the stock market.

It increasingly looks like Hobbes had it right in his rejection of separation of powers when it comes to governments. Assmeblies, such as the U.S. Congress, does more harm than good.

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