The takeover by the Obama administration presses on despite the increasingly negative ratings for our president and his party. In fact their insatiable hunger for power and control seems to grow as their approval shrinks.
Today, the president will propose a $50 billion infrastructure plan. Polling has shown that while Americans generally are against more “stimulus”, there is some level of support for a pure infrastructure spending plan.But Rahm and Barack are not content with merely proposing a plan that invests in our nations infrastructure. Instead they have proposed yet another power grab designed to take more authority from our congress and will place it into the hands of unelected bureaucrats in the executive branch.
Hidden in the roads, railways. and runway plan under the guise of taking the politics out of transportation expenditures is the creation a permanent Infrastructure Bank. This bank would leverage private and state and local capital to invest in projects that in the administrations opinion are most critical to our economic progress or to buy votes. This changes the federal government’s traditional way of spending on infrastructure through earmarks and formula-based grants that are allocated more by geography and local decision makers than the federal governments perceived value. In other words, congress (our representatives) and the states will now be cut out of the process.
The plan also calls for putting high-speed rail on an equal footing into the surface transportation program. This obviously rewards the majority democrat big cities over the middle and southern “red” states.
This proposal is yet another attempt by Obama to grab more power to be used to secure his re-election in 2012.