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RESOLUTION NO. 2009-007 <br />A RESOLUTION OF THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, <br />FLORIDA, OPPOSING THE FEDERAL BAILOUT. <br />WHEREAS, the federal government has bailed out Wall Street millionaires <br />and Detroit automakers; and <br />WHEREAS, the costs of the bailouts are borne by little people known as <br />"taxpayers"; and <br />WHEREAS, such bailouts reward failure, and <br />WHEREAS, current "economic stimulus" legislation will increase the size <br />and scope of the federal government in the areas of Medicare, Medicaid and education; <br />and <br />WHEREAS, growth will not be stimulated by the "American Recovery and <br />Reinvestment Act', but said Act will have tragic inflationary consequences on the <br />American economy, <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: <br />1. The Board of County Commissioners of Indian River County, Florida is <br />opposed to the above -referenced federal bailout legislation; and <br />