They are Tax and Spend Democrats. They are Spend and Tax Democrats.

Real Clear Politics has posted a video of Nancy Pelosi in a press conference broadcast on CSPAN. She explain that:

1. Using TARP funds to pay down the debt is a good idea. (TARP should be renamed SLUSH)
2. She then says we need to grow the economy and we need to create jobs in order to do that. Huh? She has it all ass-backwards. We need to grow the economy in order to create jobs. We could create a 100 million jobs tomorrow if we just all set fire to our homes. That wouldn’t grow the economy. It would just shift resources to something we already had before the houses were set on fire.
3. She says the more jobs we create, the more money that comes into the public till and therefore reduces the deficit…except in practice, the stimulus spends billions to bring in millions. The evidence is the exact opposite of what the Speaker claims.
4. She then claims that it is appropriate to use TARP funds to reduce the deficit. TARP funds were authorized to shore up trouble assets. They were given the green light so that our financial institutions wouldn’t collapse. Now Nancy Pelosi wants to use the funds for an entirely different purpose.  It is a typical liberal tactic of twisting a precept to achieve a goal.
5. The fact is she want a global transaction tax….ah great…ceding power to foreign nations now.
6. She says that the tax will have minimal impact on the transaction but a tremendous impact on helping us meet our needs. How can that be. Either it is a lot of money or it isn’t. The U.S. government has the largest budget of any organization ever created on earth. How can the money be insignificant to others but be significant to funding the U.S. government. And if we have a global tax, how much of the tax will be used to help the need of other countries.
7. We are all participating in the economic prosperity of our country…it’s patriotic to pay taxes.

The goals of this Congress are truly scary. The arrogance of the Congress is truly scary. The stupidity of this woman is truly scary. PLEASE….vote to take the gavel out of Nancy Pelosi’s hand.

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