Tuesday, March 24, 2009

Oh just another trillion...


So, now they want to spend yet another trillion... On top of the trillion they spent just the other day by buying back our own debt because no one else wants the stuff. They want to have a Private partnership. And oh I don't know leverage it 8 or 9....to 1 so we the tax payers are again taking all the risk. And, if it works.... (it won't) And they make a profit on it, Do we get a check in the mail for backing it with our hard earned money??? Ofcourse not! Yet all I hear lately is... Oh, the tax payer will get their money back... Oh the tax payer may make money on this deal. Blah blah blah. We will never see that money again... I mean, It was TAXED from us in the first place. It is all just a buzz to try to make you feel warm and fuzzy inside. Out of all the trillions they have spent... we got what.. one hundred and something billion in our stimilus?? Woohoo!!

And on down we go the slippery slope of Socialism






Sunday, March 22, 2009

Spend, Spend...Oh Yea, SPEND!

Well, It seems our government... with all its wisdom, Seem to think they can spend there way out of the hole we are in! But there is one problem, We are spending money that we do not have! We are having to borrow the money, And pay intrest on that money... Again, Money we do not have! They will try to tax the rich and get some of it back, but this will only hurt business and cause futher loss in our economy... But right, now... we are working on a 2 Trillion dollar debt (not counting the other 6 or 8 trillion that the federal reserve has spent without a single vote) And yet, banks are still failing.... Big business are still failing... Home prices are still falling, Forclouser rate is still climbing, Banks are not lending, stocks are still falling, jobless claims are growing.. You get the picture. Yet, We have spent almost 2 trillion in "bail outs" and things are still getting worse! So, what will the gov do? You guessed it! Spend some more, Just the other day it was reported that the federal reserve is going to buy over 1 trillion in us debt... another term for printing money! They are going to pull 1 trillion dollars out of thin air!! Well, It is no supprise gold has shot up! The value of the USD has crashed! it is at its 3rd lowest since the 70's I think. This is like them saying.... Well, Nothing else we have done has worked... So, lets double down and hope we get lucky! Problem is if they lose, they not only lose that trillion, They also send the country into what is called hyper-inflation! Want a Example? Look at zimbabwe. Yes, it COULD get that bad, I am not saying it will... But chances are getting better and better. Just think, In a couple years you may have to take a wheel barrow full of money to the store for a loaf of bread, Ofcourse...You will have to dump out the money and give them your wheel barrow!