Economic Stimulus Package: What Would Jesus Do?

Submitted by C Costigan on

Written by :

C Costigan

Published on :

If Jesus had passed an economic stimulus package similar to the one President Obama has proposed, we would still be paying for it.  So says 2012 Libertarian Presidential hopeful, Wayne Allyn Root.

"If you spent $1,000,000 per day since the day that Jesus Chris was born until today, you still wouldn't be at $1 trillion. That's how expensive this stimulus plan is!" Root said in a rant obtained by Gambling911.com Thursday afternoon.

Root will be interviewed on Monday February 16, 2008 at 3:35 PM EST/12:35 PM PST by Lou Dobbs on the nationally-syndicated "Lou Dobbs Show."

Lou Dobbs, who is perhaps better known for his popular CNN show "Lou Dobbs Tonight" declared that, in recent comments about the state of the economy, President Obama and House Speaker Nancy Pelosi have been "fear-mongering" and "blatantly using the politics of fear to push for even more so-called stimulus measures."

Economic stimulus legislation at the heart of President Barack Obama's recovery plan is on track for final votes Friday in the House and Senate after a dizzying final round of bargaining that yielded agreement on tax cuts and spending totaling $789 billion.

Obama, who has campaigned energetically for the legislation, welcomed the agreement, saying it would "save or create more than 3.5 million jobs and get our economy back on track."

House Financial Services Chairman, Barney Frank, has been among the biggest supporters of the Obama stimulus package.

Frank has also vowed to repeal laws making online gambling illegal in an effort to boost the national economy.  Online gambling is a multi-billion dollar industry that has yet to feel the pinch of financial belt-tightening.

"I think if we do this right we should make online gaming legal and subject it to a reasonable taxation like anything else," Congressman Frank told Gambling911.com's Jenny Woo regarding upcoming legislation he hopes to pass related to legalized online gambling and its effort to help the economy.  "This does not conflict in our effort to stimulate the economy.  This isn't bad for the economy."

And if online gambling were legalized when Jesus was born, chances are that nation would have paid back that trillion dollars before the Roman Empire collapsed.

Christopher Costigan, Gambling911.com Publisher

 

Related Content

Jerome Powell

Jerome Powell Conviction Odds at -1000 Not to Happen, Replacement Betting Market Also Available at BetOnline

US President Donald Trump's probe into Jerome Powell has caused havoc across the political and financial sectors.
Man on phone with prediction graphs appearing in background

Find a Prediction Market as Sector Surges Along With Sports Betting

Not all brokerage firms are on board with the explosive new industry that went from nothing this time last year to generating $13 billion worth of prediction trading volume during the month of November.
Californians Watch Battle Over Online Sports Betting

Californians Watch Battle Over Online Sports Betting

Daily television ads are bombarding Californians to choose a side on an upcoming vote on two online sports gambling propositions: 26 and 27.

Economic Odds for Dow, Oil, Gas and Ukraine Joining the EU

Due to the war raging between Russia and the Ukraine, economies worldwide have endured a massive impact.