Although there is great debate on the actual amount of money that our government has tried to pump into our system with the old bills, the new one's and the emergency spending, the popular figure is over $9 trillion dollars.
What would that buy?
Obama says it will save or create 4 million jobs.
If he is correct, each of those 4 million jobs cost us $2,250,000 each. Where do I go to get one of those jobs?
It would also pay for 78% of all the mortgages in America, including every one of the "sub prime" mortgages that caused this whole mess.
Now I ask you, what could you do to help the economy if you no longer had to pay a mortgage payment every month?
If we had this type of money, socked away somewhere in the government's coffers, why wouldn't they pay off all our mortgages?
Answer: The government is no longer here for your benefit. They exist for their own.
Because this money is 'fiat currency' (not backed by gold), not 'specie currency' (backed by gold), your government (both Bush and Obama) have just begun printing money with reckless abandon. We don't have $9 trillion. They just made it up, born from thin air, hoping you didn't notice while you tell the surveyor that Obama get high marks for the job he's doing.
We are a country of elected morons, that we allow to ruin our future, re-elect them to continue to do nothing but pad their own pockets and the pockets of their friends.
It is time to revolt. What would our forefathers have done? Did they sit back and allow the English government to tax and spend for them?
Tuesday, February 10, 2009
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