Monday, September 14, 2009

"Unchecked Excess"

Front page news today read: "Obama warns Wall Street against 'unchecked excess'." I had to laugh, because it came from Obama. In his own words, he said, "We will not go back to the days of reckless behavior and unchecked excess at the heart of this crisis."

Stimulus bill? Twelve trillion deficit? ...Ring any bells? During the first 100 days of his presidency, Obama signed a $787 billion stimulus bill into law, proposed an unprecedented and outrageous $3.6 trillion budget for the next fiscal year, took over a massive $700 billion Wall Street bailout program and created other billion-dollar programs to help grease the economic wheels.

Perhaps someone should have warned Obama (and the all too helpful legislative branch) about "unchecked excess."

May we all observe the restraint of ancient Rome's Cicero (106-43 B.C.), who said: "The budget should be balanced; the treasury should be refilled; public debt should be reduced; and the arrogance of public officials should be controlled."

I hope we live to see it happen!

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