White House Really Into $700 Billion Bail-Out… Too Into It…
While Congress is still debating whether to give Wall Street $700 billion of taxpayer money or to stand strong — like they did with offshore drilling — and give Wall Street $700 billion of taxpayer money to bail them out of the financial crisis they got us all into, George Bush and Dick Cheney have been busy doing everything in their waning powers to urge the importance of not discussing it and just coughing it up.
In fact, Bush used his speech at the U.N. yesterday to plead his case, and Dick Cheney actually traveled all the way to Capitol Hill (you know, that place where's supposed to be presiding) to address Congress directly and menacingly.
Now it appears as though Bush will be delivering a speech to the nation on primetime television to make everybody understand how important it is that we hand over our savings accounts to his country club friends…
Bush's chief spokeswoman, Dana Perino, revealed that the president is considering a formal speech to the nation — his first such talk in over a year — and said the country is at risk of a "calamity" without bold action to calm down the markets and soothe nervous Americans.
I gotta tell you. I've got a weird feeling about this…
The last two times I saw Bush and Cheney so up in arms and interested in a thing like this was in the lead-up to the Iraqi invasion (which worked out so well) and when they were trying to privatize Social Security (which, in retrospect, would have worked out so well).
Unfortunately, I don't have the economic wherewithall to fully grasp everything that's happening — and, based upon everything I'm reading and listening to about this, neither do a lot of people — but I do know this: I don't trust the current administration.
Why are they so into this? Since when did Bush and Cheney have such a zealous interest in the American people's well-being? And why exactly does Congress need to push this through so quickly?
This is reminding me of the time when my friends and I — on vacation in North Carolina — were tripping balls on mushrooms and decided to douse our kite in lighter fluid and then take shots at it with a Roman candle while it was flying over the ocean.
I couldn't put my finger on precisely what was wrong with the idea, but I knew there was something.
Turns out, I was right. (Tammy and Ken, again, I'm extremely sorry about your dog.)
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Yeppers, I understand if Congress would just grant the money (700 Billion Dollars) to taxpayers we could all pay off most if not all of our debts. That way the banks, mortgage companies, loan companies, and all creditors would receive their 'due' via the debt repayment. We could also maybe purchase a couple gallons of gas.
Screw Wall Street! The revenge will help us all produce brain endorphins that make us feel good about our selves, our lives, and our loved ones.
We could split 350 billion between everyone over the age of 18yrs old, this would give us all about $265,000.00 each ! This would save us $350 billion ! Pay off our personel debt ! buy new cars-trucks and suv's. Maybe a new boat. Medical insurance for the kids. The could go on and on ! Let's try and do it this way ! I promise you that this is a better ideal then what they are trying to sell us ! How can our goverment thinks we would be so stupid as to fall for something like this ?
If the economy needs a transfusion, why not give all U.S. citizens the money and they can in turn pay off mortgages, buy bigger houses, and infuse the economy themselves without the government taking their "administrative fee" off the top!!!
Yeah, good ol' Calamity George. Reminds me of a cousin of mine who was always trying to get me to buy into his crazy business schemes. I always had to give him a "lousy ten thousand bucks" immediately or the deal was gonna fall through. He's living from shelter to shelter now.