17 August 2010

QOTD: Irrational Exuberance

"Instead, what we'll get for our money out of this particular jobs spending is a few high monkeys, a covey of stoned quail, and a bit of temporary employment for a handful of grad students and a few crack professors."

Today's QOTD comes from Ralph R. Reiland at the American Spectator and references just how much waste and absurdity exists from the Fed Gov.  Often referred to as Irrational Exuberance, the disconnect from Pennsylvania Avenue to Main Street, USA is so redunkulious, it can do nothing be fester a totally disgusting taste in one's mouth.

Reiland was examining just what was in the so called "jobs" bill and how it could have been better spent, if it was meant to be spent in the first place. 

"As part of the recent non-stimulating stimulus bills, Wake Forest University received $71,623 to "study how monkeys react under cocaine." There's also a grant of $181,000 to see how cocaine enhances the sex drive of Japanese quail.
"That's $252,623, enough loan money in this down economy to pay for a year's rent at a dozen storefronts, a strong incentive for the launching of startup companies that could well have the potential of hiring hundreds of people off the unemployment rolls."
Seems to me, that it is just further evidence from Today's other post that Mr. Roberts has it backwards on where we need to cut budget spending.

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