See Grandma, my eyes are really dark blue....not big brown ones like daddy

See Grandma, my eyes are really dark blue....not big brown ones like daddy

Ryan and friend

Ryan and friend
Mommy, Daddy, I'm saying Hi to Grandma?

This one is for you, Grandma!

Nathan

Nathan
soccer with determination and no airplane distractions

Thursday, June 11, 2009

The Bailout vs Pork Spending

I promised myself not to get politically involved with other's comments on posts that I wrote. Political agenda's should not enter into our discussions. Unless that is, you are trying to make adjustments to the truth by incorrect bias. Everyone has their view. Here's mine.

Personally, I resent individuals trying to play the blame-game on our previous President, Bush. I am not so naive as to think that one person was responsible for the suffering that is now being shared in this country. It was pure and simply, greed. The type of greed that says everyone can have everything that they want even if they cannot afford it. Especially if someone can make a profit on you, the consumer.

We are at each other's throats in disunity in this country so, stop all the political games and mudslinging. Yes, it is estimated that we have been going through this crisis for approximately 18 months, and even experts cannot agree on this one. Do we as Americans have a plan besides tearing at each other's political affiliation? Nothing divided has ever stood, and we are wasting precious time.

Today, the cost of the barrels of oil is up substantially, and as well, the cost of gasoline is rising. Is the stimulus plan effectively working? And of course, what choice have we but to give it some time. When I was asked which stimulus plan I was referring to, President Bush or President Obama, I thought it necessary to reply. Do not insult my intelligence.

The September (TARP) of $350 Billion, was issued in order to facilitate the bail out of banks--called Troubled Assets Relief Program. This was an anti-recession effort put forth by the Bush administration and was called a "profitable bailout" meaning, all money was loaned, and at 8% interest annually.

The stimulus package under the current administration was, as I understand, not well read through and contained what is known as "pork spending." Can you deny that? To our detriment and that of our children, I wish I were wrong.

I have been silent long enough. Are we to pretend that we did not lose huge amounts of "retirement money" or that government wastefulness has not occurred? Perhaps our loved ones are dreaming when their hours have been cut at work as well as their incomes. Yet, for the sake of employment, must do the same amount of work, for less. We are told not to enter into the recession. That's like burying your head in the sand. Saying it doesn't exist doesn't make it go away. High prices are just the tip of the ice burg. Now, we hear of higher sales tax. That is just the beginning. Why is it nothing is done to curb the profits of the fat-cats still wheeling it in? Let's all look to see what "fat" can be trimmed from the over inflated budgets. Reinvest in words like, if-maybe-no and consolidate. Is it a need or a want? Or, how about, is this expense foolishness?

This is good. When people are busy blaming, or fighting they accomplish nothing. Are you mad yet? Join the club.

Stand in line, the deflated dollar only goes so far. It's your buck.

1 comment:

linda said...
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