Obama’s New Stimulus Plan Is A Catastrophe Waiting To Happen

profit1In the News (from Newser):Obama tells Congress economic crisis will become catastrophe if rescue bill isn’t passed” Warning that a failure to act “could turn a crisis into a catastrophe…,” Mr. Obama said in an eight-minute speech before taking reporters’ questions, “I can’t tell you for sure that everything in this [stimulus] plan will work exactly as we hope, but I can tell you with complete confidence that a failure to act will only deepen this crisis.”

My Comment: These actions won’t produce any results other than waste the last resources. The catastrophe is inevitable.

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