Listen folks. The government does not have any money but that which they get from you and I the tax payer. It's bad enough that the first $700 billion is going to take generations to put back in the treasury. (Ever try to pay off a credit card with the minimum due monthly? You could die of old age before you pay back that lousy $2000.00!!) Now, if another $700 billion bail out is approved, we're looking at society in America that exists strictly on and for the purpose of wage slavery long into the future just to pay our government back our own money and there's no guarantee that the economy will remain strong for the 100 plus years for you and I and our kids and their kids (and so on) to pick up that tab.
Consioder too, what happens if, as is likely, in another 50, 60, years or sooner the economy tanks again? Who do we talk to about defaulting on this loan? At that point with increased unemployment and prices for basics through the roof how are we the people going to keep the payments up and the interest flowing in on the debt that our leadership has decided to "take another swipe at"? Don't look at Washington for help. Remember? The government doesn't create revenue for these sort of bailouts to industry or for anything else. The government only spends our money. Hey, these guys want to bail out the same folks who charge us for using their credit cards, force us to incurr $30 bucks per check for insufficient funds on a $5 dollar check, all the while paying them late payment fees and balloon mortgages on our houses.
Why are we giving them our hard earned tax money in the first place? So they can simply keep charging us 18% interest on money we get from them? Turn about is fair play. Give them the money, but make them use any and all resultant profits to pay off the American tax payer with a market equitable interest rate just as they demand from us.
Other wise...we may as all be working again for the Pharaohs!!!
Hey, youse guys! Get me another stone block up here will ya? I gotta get this level of the pyramid done so my unborn great-great grand kids can reach the level they need to be working on.
There's a real vision of opportunity and self fulfillment for ya, isn't it??
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