Mesa
Super Freak
Dude, it's only been about 10 days man...
Kibishii has a point too, we can't let the banks fail... Once that happens we are all screwed. This bailout plan that is being put through right now doesn't all go to corporations and the banks, it's going to a multitude of places. But thanks to years of idiot policies, we are in this current situation... so there isn't much other ways to get out. This is simply step one.
I can almost guarantee you that next we will see some "New Deal" style programs being started up. It's really the only logical step I can think of, other than the obvious regulations from the Government on corporations and Wall Street.
recent estimates I heard were that 30% of this most recent $850,000,000,000 bailout was laden with pork that will do absolutely nothing to create jobs. The bill was loaded with earmarks and completely down party lines (not a single republican voted for it in the house). Senate vote is pending. So I'm left wondering if I was hearing things during the campaign. I thought "it's time for a change." "It's time to change it up in Washington." "We are all one American people." etc etc etc. Same old BS, just another person leading the charge.
So how is having a completely democratic spending plan filled with pork and earmarks supposed to get us out of this economic mess we find ourselves in? When you find yourself in debt, do you honestly think it's a good idea to spend more money.
One of the earmarks was to increase wellfare payouts. Tell me Josh, if you have people who already receive wellfare, and you increase their wellfare check, how in the heck does that promote them to go out and get a job?
New Deal? I guess that includes the X amount of millions of dollars going to the railroads. Why the hell do railroads need money? That is a dying technology that hasn't turned a profit in years.
I also heard part of the plan including building ATV trails, contraception, STD education, etc. WTF does any of that have to do with stimulating the economy. Just another excuse to spend, spend, spend.
America took a major blow today. the repercussions will be felt by your children and probably their children.