
So this is not exactly what they said would happen, and I am confused.
Where the hell did the $850B package go? That’s right, it’s not really $700B – add another $150B in EARMARKS…after all of this debating over reducing earmarks, we witnessed the largest earmark in US history. But let’s put that aside for a moment, and ponder why – if $100B is being injected into the market today – the credit crunch is worse than ever? Hmmm…great job guys…top notch planning.
Sooner or later, everyone will realize that this move has created a level of inflation that we have never seen on a short-term level since the 1920s. Though I am sure the politicians will blame this crash on the Kimbo Slice defeat by a self-proclaimed homo, but I am convinced that our country is being represented and led by a drunk frat somewhere in the Midwest.
What is ironic is that half of the house democrats who were on an actual oversight committee for Fannie/Freddie, have gotten no crap from the media yet? I wonder when that will go down, or if I have to wait for my parents to lose their house first.
(Image: WashingtonPost.com)



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This bailout is just one more example of the indivisible handjob stroking irresponsible CEOs and CFOs with billions so that they can run the American economy even further into the ground. So much for Keynesian economics. If the goal is to stimulate the economy, why not give the money directly to the American taxpayers? We could do twice as much good for the economy by giving half as much money directly to hardworking American taxpayers. A bird in the hand is worth two in the bush administration.
So now we’re going to go further into debt to bail out the stock market? That’s like giving yourself a loan. Or writing a check from one account to another.
As Americans we need to change our attitude about taxes. Taxes are how things are paid for. Like it or not, we are either going to have to pay higher taxes or we’re going to have to sell off our national assets. And I wouldn’t want to see corporate logos on the Grand Canyon.
Buckle up, boys and girls. We’re either going to have to bail ourselves out of this mess by paying more taxes to pay off our debts, or let the carpetbaggers come in and pick our corpses clean.
I’m going to campaign for a constitutional amendment that requires a balanced budget. I think it’s the only way to stop the madness.