Pelosi: 'This is a fiscally sound package'

Posted By Bobby Eberle On March 12, 2009 at 6:43 am

Politicians are famous for saying all kinds of things. From justifying their earmarks to supporting candidates they know are crooked, these men and women can spout off the ridiculous, and do it with a straight face.

However, Nancy Pelosi rises to the head of the class. I know the Academy Awards are over, but she deserves special recognition for her performance at a recent press conference. She had a number of quotes that were just plain idiotic, and yet, she delivered them with calm and reassurance. So, what's scarier? Someone who says the stimulus bill is "a fiscally sound package" or someone who believes it?

As noted in a story on CNSNews.com, House Speaker Nancy Pelosi was in top form this week when she said, "The word of the day is the word that is important to our economy every day, and that word is 'confidence.'"

In noting all the areas where government needs "to do something," Pelosi said, "It's clear that we have to stabilize our financial institutions, we have to invest in a stimulus plan to grow our economy, we have to regulate our financial institutions, and we have to end the housing crisis."

After that, she said, "The Obama administration has already done just that."

What? The Obama administration has already ended the housing crisis? Wait... it gets better.

Pelosi went on to say, "If there’s any message from the Congress to the markets it is that this (the stimulus package) is a fiscally sound package."

Let's repeat those three words -- fiscally... sound... package. I can't believe this! The stimulus bill is many things, but fiscally sound, it is not. How can Obama and the Congress put forward a bill which spends more money in one lump sum than ever before, do it with money America does not have, add to the budget deficit, add to the federal debt... and call it a fiscally sound package? This is crazy!

From her press conference the previous week, which can be viewed on the C-SPAN web site, Pelosi reiterated that the package cuts taxes for 95% of the American people. That is simply not true. Taxes will soon be going up, not down. In a downward economy, Obama and company not only plan to tax energy, which will affect ALL Americans, but he also will raise taxes on everyone if he allows the Bush tax cuts to expire. Yet, Pelosi continues the "tax cut for 95% of Americans" speech and is not called on it by the media.

The House speaker moved on to Obama's plans for health care and praised his health care summit. She said, "Health care is an economic issue, health care is a budget issue, health care is a health issue. It touches everything."

Yes, it touches everything... much like a Pelosi/Obama government. However, they fail to realize that health care should not be a government issue. According to them, health care for all will be the new entitlement. First, this is not a role of government, and second, there is no way to pay for it.

In the question and answer session, Pelosi said that she agrees with President Obama that "we need to have fewer earmarks."

"We need transparency and accountability," she added. "I still think we need to cut them back some more."

Give me a break... the bills are loaded with pork (by both Democrats and Republicans), and no one will be taking Pelosi at her word. No, she did not break a smile when she talked about earmarks, but I couldn't tell if her fingers were crossed behind her back.

Back to this week's press conference...

CNSNews.com noted that Pelosi said, "Outside of Washington, the enthusiasm is much more positive." I'm not sure where she's looking, but with all indicators still pointing downward, she might want to open her eyes.

America doesn't need more government. Just stay out of the way, and let Americans solve the problem.

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It truly boggles the mind that these are words coming from the Speaker of the House. 

God help us all.