Monday, February 09, 2009

Stimulus In A New Light ... $9.7 Trillion

The simple math states that when combining the $800 billion (whatever it turns out to be) unstimulus package the care-less-about-the-nation/care-more-about-the-Democrat-Party Congress is contemplating, with the $3 trillion the Federal Reserve, Treasury and FDIC have lent or spent over the past two years, plus their pledge for up to $5.7 trillion more, will raise the government’s commitment to "solving the financial crisis" to $9.7 trillion.
This would be enough to send a $1,430 check to every man, woman and child alive in the world. It’s 13 times what the U.S. has spent so far on wars in Iraq and Afghanistan, according to Congressional Budget Office data, and is almost enough to pay off every home mortgage loan in the U.S., calculated at $10.5 trillion by the Federal Reserve.
The spending package will stimulate nothing more than liberal government programs whose main purpose is to enslave more and more Americas in the guise of government care. It will deepen the recession and drive us toward a depression as foreign investment in the US will diminish, businesses will see less motivation as taxation becomes over-burdensome, and the shackles of debt will limit our abilities to realize the American dream.

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