I am really not sue at what to say. My first thoughts were not very nice and the language used was rather explicative but honestly how does one wrap their little brain around $7.4 Trillion dollars? The FED is pledging that much to to "ease frozen credit". Yet I still struggle with the magnitude.
To put that amount in context, 7.4 trillion is half the value of everything produced by the U.S.A. last year. So take 1/2 of what you made last year, give it to the government, and then watch them give it to the financial sector.
I'm against any government bail out, be it individual welfare or corporate welfare. In short the Government just needs to stop. They need to cut their spending, ditch all these "services" they have no business in providing and let the market work. I don't mean the shadow market that has had so much government tendrils all through out raising the cost of your goods. I'm talking a market that is free to rise and fall on it's own merits. Good efficient business succeed while the bad ones fail.
The question I leave you with and the question I my self must ponder; Can the government be turned around?
To put that amount in context, 7.4 trillion is half the value of everything produced by the U.S.A. last year. So take 1/2 of what you made last year, give it to the government, and then watch them give it to the financial sector.
I'm against any government bail out, be it individual welfare or corporate welfare. In short the Government just needs to stop. They need to cut their spending, ditch all these "services" they have no business in providing and let the market work. I don't mean the shadow market that has had so much government tendrils all through out raising the cost of your goods. I'm talking a market that is free to rise and fall on it's own merits. Good efficient business succeed while the bad ones fail.
The question I leave you with and the question I my self must ponder; Can the government be turned around?
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