Friday, January 30, 2009

You can't spend your way out of debt

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I pledge allegiance to the flag of the United States of America and to the republic for which it stands one nation, under god, with liberty and justice for all.

As I sit here and read the newspapers and watch and listen to what has happened to our country I can't help but wonder:

"what it is going to take for America to get angry"

we are loosing our liberty's and our way of life to "Terrorism" and the financial crisis. America is too complacent What doesn't effect me doesn't matter. It is interesting the few people who put us in this situation and made a bad decision are getting paid 40,000,000,000 Billion In Bonuses. What is going on? How can American Tax Payer Money(700,000,000,000) Paid to the fed Go to People who made a bad decision and can't run a business in the first place. Now we need to spend 1 trillion 1,000,000,000,000 to payback everyone who got them into power.
I'm sorry not 1 trillion 8755,000,000,000 the interest in this loan we are putting on our children's children is 325,000,000,000

According to a Bloom berg analysis incorporating data from the Treasury Department and Federal Deposit Insurance Corp. (FDIC) and interviews with regulatory officials and others:

$300 billion has been spent on Fannie Mae, Freddie Mac, American International Group Inc. (AIG) and Bear Stearns Cos. (now part of JP Morgan Chase & Co. (JPM).*

$300 billion on Citigroup.*
$700 billion on TARP but that didn't happen*
$800 billion on Fed-directed asset-backed debt-purchase programs.*
$1.4 trillion on FDIC bank guarantees.*
$2.3 trillion on Fed commercial paper programs.* And
$2.2 trillion on other Fed lending and government commitments.

That totals a little bit more than $8.5 trillion, according to TreasuryDirect.gov, total U.S. public debt stood at

$10,620,397,126,433.54 ($10.62 trillion) - and counting.

The problem with a huge deficit and printing money to pay for “troubled assets” - is inflation.



If there’s more money in the system and there are fewer goods and services being produced, when the demand for those goods and services inevitably returns, the prices go up dramatically..
This is only the beginning!!!
This is a interesting video on printing money
http://www.glenbeck.com/content/articles/198/20816

If the government wants to get us out of the is Crisis we need to GIVE THE MONEY BACK TO THE PEOPLE. Only the people are going to get us out of this our government got us into this mess. Let the people keep the money they make!! I don't want a $600.00 Check I want the money for the time I traded to provide a product or service. I can't get that time back so I should be compensated for it.

1 year with out income and corporate taxes and we would have more money to buy the things we need, hire employees and get American businesses hiring again. Being a small business owner the amount of taxes we have to pay is puting people out of business. Is that good for the economy? business are shutting down because of the tax burden. No wonder big companies are laying off people?

The small businesses are the the main employer of America not unions!!!
The hole thing makes me sick. The American people need to wake up!!!

Show me you are an american: If you can vote you can call or e-mail
if you didn't vote you can call or e-mail and help hold them acountable
On your right is a way to contact your senators (they think you work for them) Let them Hear your voice.
let Them know that they work for you and they will be held solely responsible for what they do

IF YOU WANT MY VOTE YOU WILL(me)

1. Lower the taxes for the people who pay them such as Small Businesses and Through the people who got us into this mess into jail for a long time!!!
what ever your opinion is let them know!!

If we organize, We The People Can Make Washington Change not the presedent

Bush pardoned 2 Border agents because a lot of people called an e-mailed on the last day and it worked. These People only care about 1 thing and that is having that power and we have to take the power to let them know if they want to keep working for us they will have to listen to us or we will make sure they are not in that seat in the next congressional election.

I will try to stay up to date on the most important issues and I want to hear what you have to say about what is going on and what I have to say. This is your country and your money!!!


"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs."

Thomas Jefferson

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