Quote of the Week



Today we may say aloud before an awe-struck world: "We are still masters of our fate. We are still captain of our souls."

Tuesday, February 24, 2009

Spending Into Oblivion - Isn't Anyone Paying Attention?

Some months ago I was sitting in front of the television late one night when the foundations of my entire world were shaken beneath my feet. I watched as the President of the United States told all of us that our economy - the economy that drives the world - was on the verge of collapse. Since then I have heard story after story about the Great Depression part two. That should be enough to wake us up, shouldn't it America?
Honestly though, since then, what have we done? Have we tightened up our belts looking for ways to really improve our country or our economy? No. We have relied on politicians - some of the very people who got us in this damn mess in the first place - to discern a way out of this economic imbroglio. Am I the only one that has a problem with this course of action??
Instead of pulling ourselves up by the bootstraps, what do we do? Well, we borrow ourselves into oblivion on the belief that more money in the economy is going to save us - it won't. It will just make digging ourselves out of this hole all that much harder. We are borrowing our tomorrows to pay for today and so many as just marching on in quiet oblivion. How is this possible in my country?
So we just passed a 750+BILLION bailout. Great. Where is that money coming from? We are going to save the housing industry, the car makers, the airlines, and anyone else asking for a handout. Even the porn industry is trying to get in on the action.
If all of that weren't bad enough, we are now looking at ANOTHER $410 Billion in spending. That's an 8% increase over last year people. Just do the simple math - you are making less, your economy is on the verge of collapse but the admission of it's own leaders, and we are spending 8% more than last year??? The comment from one of my favorite movies comes to mind: " Go sell crazy somewhere else. We're full up here!" Part of said $410 BIllion bill is a program for a measly $500,000 for what is described as a Senate "pilot program" that will defray the cost of mass mail postcards to households notifying them of a nearby town meeting to be attended by any senator. Hello? Has anyone ever heard of a newspaper? How about the interent, it's free?
We are all in big trouble here people..... Buckle up, because it's going to be a very bumpy ride.

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