Friday, March 13, 2009

Free stimulus money?

Can individuals get free money from the Obama "stimulus" package? No, the media hastens today to tell us:

"Have you heard? The government is giving away free money! It’s all part of the Obama stimulus package. These government grants can be used for anything: buy a car, purchase a home, start a business or pay your credit card bills. Even take a vacation. And here’s the best part – because this is a grant, you never have to repay the money....“Don’t fall for it,” warns Eileen Harrington, acting director of the Federal Trade Commission’s Bureau of Consumer Protection. “There is no money in the stimulus package to send out individual checks to people.”

And guess what--the money going to states and government agencies and projects from this "stimulus" package? That money ain't free, either...we'll be paying for it for a long time.