We all knew it HR1424 the bill that gave 700 billion to those greedy idiots will spend even more of our tax money foolishly if we don't get rid of George Bush and company in a big hurry.The fundamental problems such as small paychecks for average workers and low Social Security payments for most retirees and high interest rates on all types of loans have left us with nothing in our pockets.It's the lack of ingenuity and stiffness withing the financial system the unwillingness to go directly to the root of the problem but instead cling to the belief that investing more money to shore up failing economic dogmas will rescue the system. But what they fail to understand is we are tired of Credit Card slavery and nothing do I see in this plan, the fed investing in private banking, addresses that issue.If like giving a blood transfusion to corpse and pumping billions of easy credit dollars into the failed banking system is the correct way to combat inflation which is the largest dilemma facing retirees even a fool such as I can see it will only make matters worse.It's amazing with all this money Paulson proposes to spend, but not one dollar will go directly to the individuals whose taxes put the money in the treasury in the first place.The majority of us who pay our bills, don't sue are neighbors, and try not to take on debt for luxurious purchases and even pay our mortgages and estimated federal and state taxes get NOTTA. A trillion plus dollars for the "financial experts" and nothing for us who have struggled to do the right thing and are basically honest individuals. My aunt Carol told me don't get depressed over things I have no control over. I'm not depressed aunti I'm angry!
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Wednesday, October 8, 2008
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