I talked about this yesterday, but I wanted to put it in Nealz Nuze today for two reasons:

1. If you disagree I want you to put your thoughts in writing and add them as a comment to this section of the Nuze.
2. I wanted to give other radio talk show hosts who use my program notes an opportunity to present this idea to their listeners.

Obama's grand stimulus plan is going to increase our budget deficit - and our national indebtedness - by over one trillion dollars. The idea, of course, is to pour this money into our economy right now and get things kicking, then we worry about paying it all back later ... like when the burden falls on our children and grandchildren.

So we can assume, I guess, that the goal here is to get money into our economy to kick start things. I see a few choices here. First, we could borrow the money as Obama has done. Second, we could raise taxes on the evil rich and let the government spend their money instead of them. Third, we could find that trillion dollars somewhere else and bring it home to work in our domestic economy.

Hmmm ... find a trillion dollars? Sounds like a pretty tough assignment, doesn't it. But would it really be all that hard?

Let's look overseas. Why? Because a lot of American individuals and businesses have a lot of their money in overseas accounts and investments where that money can work and grow without being subjected to our punishing taxes. Remember, the United States has the second-highest corporate tax rate in the industrialized world. Just how much American money is working overseas in dollar-denominated deposits? Estimates vary, and the global economic downturn certainly has affected this number, but a few years ago a good estimate would have been around $12 to $13 trillion dollars. Who knows.. maybe that figure is around $8 trillion now .. but whatever, there's your "found" trillion dollars. All you have to do is bring that money home.

Now what happens to an individual or business that brings some of these overseas earnings home? Taxes, that's what. The federal government steps in and takes sometimes up to 25% of that money and pours it into its various vote-buying projects. So ... the money stays overseas.

Well ... what about this plan. What if, instead of creating one-trillion dollars in increased deficit spending, Obama were to have asked congress to declare a one-year tax amnesty on American funds invested abroad. What if these individuals and businesses could have brought that money back home to work in our economy with no tax consequences whatsoever. Do you think that a tax amnesty program for offshore investors might bring back at least one trillion dollars? Who knows? Maybe two, three or more trillion! This has been done before, my friends, and it worked.

Now let me tell you why this plan may not sit well with the Obama types in Washington. The problem, as they see it, is that if some sort of tax amnesty is declared - if investors are allowed to bring their money home without having it plundered by the government - then that money is going to end up in our economy. Fine. But it won't be the government spending that money, it will be private companies and individuals. In other words, the hated private sector. If these funds bring about an economic recovery it would be private sector spending that would get the credit .. not government spending. This doesn't work for Democrats and it doesn't work for Obama.

You see, my friends ... there is a way to pour trillions of dollars into our economy without putting us any further into debt; without giving our children and grandchildren a huge bill they have to pay. This solution doesn't empower government ... so it sits on the sidelines.

Now ... your comments please? Tell me where I'm all wet on this one.

That's how much the Barack Obama administration has spent thus far. Senate Minority Leader Mitch McConnell did the math .. "In just 50 days, Congress has voted to spend about $1.2 trillion between the Stimulus and the Omnibus ... To put that in perspective, that's about $24 billion a day, or about $1 billion an hour."

Your government at work.

Yesterday Barack Obama signed into law another $410 billion in spending. That's $410 billion of your tax dollars to fund projects like a boarding school for at-risk natives in western Alaska and tattoo removal programs for gang-bangers. This, my friends, is exactly what Barack Obama said that he stood against when he was asking the people of this country to give him this job. Oh how he hated pork, wasteful spending! Oh yeah! The Chosen One was going to veto any bills with pork in them. There was going to be change, by God, and it was going to be change you could believe in. That was then, this is now. Now he signs a budget bill with more than 8,000 pet projects into law. As he does so he stands in front of the American people - looks into his ever-present teleprompters - and says "OK ... I mean it this time. This is really the end, guys!"

Puhleeezzze.

PrezBO calls this budget bill "imperfect" Golly! Ya think? But he's ready with the excuse. This pork-filled bill is oh so necessary in order for our government to continue to function. NOW I remember! During the campaign Obama said he was going to kill pork UNLESS the pork was necessary for our government to continue to function. I'm getting it now!

You know what's happening here? People are starting to get the real picture. Hard as it is to believe, they are starting to catch on. Even some of the media is starting to get it. This guy was all talk during the campaign. Empty promises ... just like the rest of them. When it comes down to it, he was much better at being a presidential candidate that he is as a president.

Have you heard the news about Wal-Mart? Whenever I mention Wal-Mart, most liberals start rolling their eyes ... it is "anti-union" or it is an "evil corporation." Well Wal-Mart has decided to enter into the world of digitized healthcare data by unveiling its own version of high-tech medical records.

Only get this ... Wal-Mart can do it cheaper and faster than the government can! Now if this surprises you it's evident you haven't been paying attention.

A Wal-Mart spokesperson says the company is partnering with Dell and software maker eClinicalWorks to launch a bundled electronic health records package for doctors. The package will include installation and maintenance and it will be offered through the company's Sam's Club discount-warehouse division, which caters to small businesses.

And guess what .. it will be launched by this spring. Just how fast do you think the government could get this done?

Lesson? In virtually every field, every endeavor ... the private sector can get it done faster and more efficiently than government. The problem is that if the private sector accomplishes a worthy goal, the private sector gets the credit. If government does it, no matter how badly, the government gets the credit. This man in the White House loves government. America, to him, is government. You cannot allow the private sector to do something that government can do. It weakens government .. and this doesn't make Democrats happy.

Let's see what the Democrats come up with to thwart Wal-Mart's plans.

What did the Godfather say? Basically, he said that if Obama's goal was to create a socialist economy in the United States, he wanted him to fail. Let's stop the phony sense of outrage. If you don't agree with The Man on this one then you ought to be looking at emigration laws.

Yesterday we learned that this whole "wanting the president to fail" stuff isn't new and isn't by any means exclusive to evil conservatives. We now learn that James Carville, Bill Clinton's attack python, was referring to President Bush in the early years of the Bush administration when he said "I certainly hope he doesn't succeed." Now the left is trying to say that this is not the same as saying that you want the president to fail. How ridiculous. The opposite of success is failure. If you don't want someone to succeed then you, by definition, want them to fail.

By the way ... Carville's statement occurred on the morning of September 11, 2001 .. just an hour or so before the Islamic terrorist attacks on New York and Washington. Idiot leftists say that Carville's statement, therefore, doesn't count because just hours later the country was united in fighting the terrorists.

Hey, Rhode Island .. ever heard of the FairTax? I ask because Rhode Island Governor Donald Carcieri is looking for a change to the Rhode Island tax code. He put together a panel of 20 experts who took six months to study the tax code and make recommendations on how to better serve Rhode Island. And guess what solution they came up with ......... tax cuts! And not just any tax cuts. Tax cuts for the filthy rich and evil corporations.

Wait a minute? Tax cuts for the producers? Tell me this is some kind of a nightmare.

Carcieri officially proposed a series of tax cuts in his latest budget, including the elimination of corporate income taxes by 2014 and the reduction of the top personal income tax rate from 9.9% to 5.5%.

The idea here is simple: in a down economy, make Rhode Island more competitive in order to attract and retain businesses that create jobs. And with those businesses come wealthy residents who turn around and invest in the state.

Naturally, this plan has some wealth-envy knickers in a knot. People are concerned that the tax burden is going to be shifted from the evil rich to the middle class.

Shift the tax burden? Here's what these ignoranuses don't understand. When you reduce the level of the punishment administered to the high-producers for their production what do you get? More production? They increase their efforts when the level of punishment (taxes) is reduced. More production, a stronger economy. A stronger economy, increased tax revenues. Reward the productive instead of punishing them and you will see a dynamic and growing economy. Tax cuts don't mean reductions in the tax revenue. Only the government-educated fail to understand this.

What do economists think of Barack Obama and Timothy Geithner so far? A majority are dissatisfied. Yeah, that's a nice way to put it. Nothing like a willful tax cheat running the IRS.

Here's what Newt Gingrich has to say about this card check legislation that was introduced into Congress this week. If this stuff becomes law it is going to destroy countless businesses in this country.

The U.N. Secretary-General says that the United States is a "deadbeat" donor. That's fine. Then stop taking our money. See how you get along then. Really ... it's time to cut this insipid organization loose, but it certainly isn't going to happen with Obama in office.

The British government says that it is "unbelievably hard" to deal with the Barack Obama administration. I'm trying to hide my astonishment.

The Republicans weren't too happy about the idea of a second stimulus plan. The idea just sends little tingles down Nancy Pelosi legs however. Sorry .. didn't mean to put that image into your mind.

Meanwhile, only 27% of Americans say that they support a second stimulus package. Doesn't matter. There are votes out there to be bought.

Obama decided to downgrade the position of Drug Czar from a cabinet rank. That's something I can agree with, but guess who didn't agree with a move like this back in 1989? I'll give you a hint, nobody messes with Joe.

Barney Frank says that the $787 billion stimulus bill could have been 20% larger. And he also has some choice words for those evil Republican, capitalist policies.

This should make you feel all warm and fuzzy ... More than one out of every five dollars of the $126 million Massachusetts is receiving in earmarks from a $410 billion omnibus bill is going to help preserve the legacy of the Kennedys.

Florida wants to stimulate its economy by dismantling the agency that is in charge of managing growth. Does this mean that Florida wants to turn the private sector loose to do what it does so well?

A politician in Maine wants to make it mandatory to have a license in order to operate a canoe or kayak. If they don't license politicians in Maine, they ought not license paddlers.

How many government employees and tax dollars, does it take to study disposable coffee cups. Here's a program we really need.

Do you think that global warming is being hyped up by the mainstream media? An increased number of people seem to think so. People are starting to wise up.

How much tax revenue has Las Vegas has been lost thanks to comments by Barack Obama and other politicians critical of companies hosting business meetings or conventions in Vegas?

More and more people are lodging federal job discrimination complaints against private employers.

Florida Senator Mel Martinez is catching hell from the Barack Obama birth certificate crowd. They're called "Birthers," and their Internet headquarters can be found here.

Apparently New York Governor David Patterson has scrapped numerous tax hikes on consumer goods from the proposed state budget.

50% of Americans are just two paychecks away from having big financial problems.

First clue this guy is a moron? He leaves his door unlocked in San Francisco. More reasons in the article.

Hey, it's never too early to start planning your Halloween costume. I think she's missing 6 larger ones although I'm not sure there's space to strap them on. Remember folks, it's not a clown car.