Yankee Welfare and Other Musings.

Here is another commentary by Mr. Bill Barr on some of the current events. Do notice the Yankee heating oil subsidy. It still baffles me that the South would like to leave such a wonderful compulsory union (satire).
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How does the establishment work in this country?

At the moment of truth, it all lies revealed.

It works through getting as many celebs as possible to scream something as loud as possible. And what do they scream?

"We have got to take money from people who made good investments and give it to people who made bad investments!"

Does anyone think this is still the country of the Founding Fathers? Hey, it's far from being the England of George III.

Congress no longer debates the long-term interests of the country, nor can it be any longer accounted as the national saucer, effectively cooling passions so that timely matters might be dispassionately addressed with all deliberate speed.

That's what U.S. Senator Jeff Sessions (R-AL) stated in his speech in the Senate on September 27. He counseled adherence to the U.S. Constitution in the expenditure of public funds, and cautioned against the grave threat in handing carte blanche to the Federal Reserve or any other body when it comes to the arbitrary dispensing of the taxpayer's money. That's a significant element in the great cause celeb of the week, the purchasing of toxic mortgages, products of predatory borrowing and lending alike.

Sessions smells a rat at the proposed $700 billion bailout of Wall Street. He questions the timing of such a putatively essential measure, coming as it does at the end of the legislative session.

From the same speech, I particularly liked Session's attack on the $2.8 billion subsidy of heating oil for the residents of northeastern states, an extra subsidy sought as an emergency measure. Sessions wants to know why the taxpayers should be saddled with providing Yankees with cheap fuel, and how do congressional supporters of this measure square it with their solemn commitments to paring back federal spending?

Moreover, Congress has gone nothing short of "hog wild" in the subsidy of the automotive industry, Sessions stated.

He was joined by his colleague, U.S. Senator Jon Kyl (R-Az), in opposing a giveaway to the automotive manufacturers of effectively $25 billion, a federal loan involving neither payments on interest or principal for five years. Kyl admits that one automotive bailout may well lead to another one in 2013, when the car companies sit on their hands and refuse to repay one thin dime.

Kyl joined Sessions in opposition to the regional heating oil scam as well. Kyl regards it, and the automotive bailout, as measures reeking of the hubris of "one last orgy of earmarks".

Would that they were the last earmarks.

--William Barr (Katy, Texas) wbarrparis@aol.com
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Thanks again, Mr. Barr.