Homestead mailing list

[Gene GeRue <genegerue AT ruralize.com>]

> It is important to remember that these latest tax cuts are ALL being 
> financed with borrowed money -- money that must be paid back---THE TAX 
> CUTS ARE NOT TAX CUTS, they are simply increases to the Public
> Debt by "The Borrow and Spend" President and "The Borrow and Spend" 
> Congress---which means exactly the same as if you max out your personal 
> credit card---it has to all be repaid PLUS COMPOUNDED INTEREST!!

To put a finer point on it, this is not a "borrow and spend" policy, it is 
a "spend and borrow" policy. First come the policies. The signature social 
program of this administration is the No Child Left Behind Act. First came 
the Act. Then came some of the money to fund it. Next comes the borrowing. 
This mindset is easily understood when one considers that it comes from a 
life of making mistakes paid for and rewarded by other people's money.