Government owned

By RAY STEBBINS | Highlands Today
Published: December 28, 2009

» Comments | Post a Comment

In July of 2009, following the bailout and the TARP passages, the U.S. government either owned or controlled 31 percent of the U.S. economy as a direct result of its dealings with banks, AIG and GM, etc. Now the new health care bill will increase this figure by 17 percent to 48 percent.
Next on the agenda are Barney Frank's Financial Services Bill and the Cap and Tax bill, which will increase the percentage to 71 percent.
Most of these bills will have passed Congress during the dark of night on the eve of holidays and without any of our leaders in Congress having read the bills.
Apparently, President Obama was serious when he made that campaign promise to fundamentally change America.
Ray Stebbins
Avon Park