Congress' Failure

A trillion dollars is A LOT of money. Here is a photo of what it looks like. Look closely. In the left hand corner of the squared drawing, you'll see a human being. Also notice that each stack of money on a pallet is double stacked. 1 pallet is a 100,000 million dollars. Each stack contain the bill with Franklin's smiling face.

America's Congress has decided to write a check for 1.75 trillion dollars. That is not all. The fiscal year in 2010, the fresh president plans on asking the feds to write a 3.4 Trillion dollar hot-check to recover the national deficit.The president states in his stimulus proposal that roughly 18% of this 1.75 T money will be spent...what about the rest? When we create money, average American citizens have to pay for it...ludicrous! 816 Billion of that 1.75 trillion is for government bailouts. AIG, an insurance company failure, just received 180 billion dollars. And where did that check that we will have to pay for go? It went for adding bonuses to AIG executives. Because AIG was not contracted to use a cross-cut sanction bail-out check, they were not required to spend it in a particular way. So, instead of mending the insurance drop-outs and company failures, this organization stole our money. This is Congress' fault, particularly Democrat Senator Christopher Dodd. He admitted to knowing about the bonuses; he said nothing during the house debate to pass the proposal.

This isn't a stimulus package...its a minute band aid. We all know that paying our way and not encouraging social and fiscal responsibility will get us nothing. Congress gave away our money, now they are attacking AIG, among other companies, for doing something that Congress knew they'd do! The feeble-minded, contradictory senate used this bill as a legislative cover-up. It's American taxpayer theft. Tim Geithner, Obama's secretary of the treasury, says he didn't know about the bail-out language in the proposal...funny, the language went to his office for a 12 hour review.

Rather than make an effort about our troubled economy, our president seems to take light of the situation by making a comedy appearance on Jay Jeno. I for sure won't be joining in on the laughs.