Wednesday, January 28, 2009

Pawlenty's Ponzi Scheme

House Majority Leader Tony Sertich had this to offer yesterday in regards to Governor Pawlenty's budget proposal:
House Majority Leader Tony Sertich, DFL-Chisholm, offered the strongest legislative criticism, saying he fears the Pawlenty plan will boost local property taxes, increase college tuitions and force needy people off health programs.

“What we don’t want to happen is any ponzi schemes in the governor’s budget,” Sertich said, referring to an investment fraud in the news recently.
Ponzi schemes?

Back on December, Pawlenty took a shot or two at the possibility of using federal stimulus money to balance the budget.
"The federal government of the United States of America is broke," said Pawlenty. "What they are proposing to do is pay credit card debt with more credit card debt."
However, Pawlenty is one of a handful of Republican governors who thinks that is the wrong way to go.
"They are engaged in a very elaborate Ponzi scheme," said Pawlenty. "It is a house of cards and it is eventually going to collapse, I will predict to you, sooner rather than later."
So why is Pawlenty relying on something he's calling an elaborate "Ponzi scheme"?

His dangerous and irresponsible "no new taxes" pledge relies on a "Ponzi scheme"?

Nice work Pawlenty...

Reminds me of Dumb and Dumber when Lloyd trades the van for a scooter...

"Just when I thought you couldn't get any dumber, you go and do something like this... and totally redeem yourself!"

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