Over 12 TRILLION and still counting!!

@rodney850 (2145)
United States
April 2, 2009 7:18am CST
The following article reports that the total--SO FAR--that our government has spent on "bailouts" and "stimulis" packages is 12.2 trillion dollars and the end is not in sight yet! If you read the article you will find another very perplexing and ironic fact and therefore here's my questions: How would over 42,000.00 dollars for every member of your family have stimulated YOUR economy? Is the goverment's concern for the welfare of it's constituents or just their own political welfare? Which do you believe would have stimulated the economy more; 12+ trillion for big business or 42 thousand dollars for every man, woman and child in the US ? Here is the article: http://wnd.com/index.php?fa=PAGE.view&pageId=93686
2 people like this
13 responses
@irishidid (8687)
• United States
2 Apr 09
I could have bought the Alpha Smart Word Processor for my daughter instead of having to put a donate button on my blog, that's being ignored. Paid off my car and other things. Bought food and put down a pretty penny or two on a house. Oh, but my daughter is getting $$250 in her social security. Big Whoop.
1 person likes this
@rodney850 (2145)
• United States
2 Apr 09
Irishidid, Yes, America is being fed the worst line of crap in her history! Our government is trying to sell this as "for the good of the nation" but what it really is is for the good of the government! Ironically, if the powers that be had decided to actually spend money where it would have done the most good (on folks like you and me)it would have turned the economy around much faster than what they have done and are still doing.
1 person likes this
• United States
2 Apr 09
It would do wonders for my economy. I would pay bills and then enjoy a nice vacation or shopping spree. I could spend hours just planning and dreaming what I could do with that kind of money.
1 person likes this
@rodney850 (2145)
• United States
2 Apr 09
Whiteheather, True, and I'm sure all those people who are owed money would have flourished with the new cash flow!
1 person likes this
@laglen (19759)
• United States
3 Apr 09
It's ok Rodney, it is just worthless paper. Our money will be so worthless soon. Save your eggs, they will be our currency soon....
• United States
3 Apr 09
Heck if everyone in this house had gotten 42k they wouldnt have needed to bail out the auto industry because we alone would have purchased 3 vehicles! Maybe not their brand new ones but probably last years models that are sitting on the lot.
@irishidid (8687)
• United States
3 Apr 09
Boy you said it! They can roll out all the new models they want to, but if we don't have any money because they got all of it fat lot of good it does them. They better hold onto that money cause they ain't getting it from us!
• United States
2 Apr 09
if the prsedent would of got his original plane passed then everyone would of got a big spread of the money but the house said no the republicans said thats to much money to give to the people so they cut that out , they wanted to cut everything out and let things fix themself but we all know that wouldnt happen, i kinda understand the money spending thing because it cost money to make money but the same people keep asking for bail outs which i dont agrea with if they couldnt fix things on the first one they shouldnt get another chance, because they are going to keep asking for help.
@rodney850 (2145)
• United States
2 Apr 09
Psychotaz, I'm sorry to have to inform you of this but most all of this "bailout/stimulis" legislation was pushed through by the president without a single republican vote in the lower house and just three traitors in the senate. This type of economics has always failed and will fail in this case also. Get ready for more and more of these "bailout/stimulis" porkages because the liberals are very, very hard headed when it comes to their hair-brained ideals.
1 person likes this
• United States
2 Apr 09
I would have paid off all my old student loans, credit cards and medical bills. There would still even be money left for me to put into the economy by spending on some nice things for my kids! The government would do well if they gave me that money because they'd get back what I owe in student loans, and the creditors would have done better if the people could have paid what they owed instead of getting a bailout form the goverment with all the strings attached. IF WE THE PEOPLE had been given that money, we'd already be out of or damn near the end of our financial crisis.
@rodney850 (2145)
• United States
2 Apr 09
AngryKittyMSV, "We the people" are SUPPOSED to be the reason for the "bailouts and "stimuli"! Truth is, if "we the people" had all of their bills paid and were comfortable then we wouldn't need the government anymore and they just can't have that happen!
1 person likes this
• United States
2 Apr 09
Yer preachin' to the choir here!
@Destiny007 (5805)
• United States
2 Apr 09
These people are concerned about their own political welfare and how much power that they can grab. They actually believe that the money we make is their money, and they will decide what to do with it.
@Adoniah (7512)
• United States
2 Apr 09
Don't worry, they are very busy printing billions of more dollars to cover their spending. They seem to think this will balance it all out. Of course it would have been better to give the people the money, if they were going to just give it away. Giving it to GM and AIG was just throwing it away. That money went to offshore bank accounts and foreign countries that will never stimulate the American economy. If you had given it to Americans, they would have spent it here and it would have stimulated the economy. That is obvious. They do not want to stimulate our economy and help the little guy. They want to kill the middle class. It is difficult to control the middle class. They want a small rich class and then to have everyone else dirt poor so that they can control them while they take over everything else. Shalom~Adoniah
@jonesy123 (3948)
• United States
2 Apr 09
Heck, even just $42k would have stimulated this household. That's a years worth of income. It would have paid off debt, a sizeable downpayment on a house, a new albeit used car for my husband, and there still would have been money to put into college funds and savings. $42k for every member? The kids wouldn't have to worry about how to pay for college, lol. And we probably would not have to worry about high mortgage payments for some time to come. We, the people, would have done a thousand times more stimulating with even less money, than what they are doing with more and more. It's a crazy world and the rich get richer... Now wasn't there a promise of redistribution of wealth????
@benhilo (871)
• Tripoli, Libya
3 Apr 09
How would over 42,000.00 dollars for every member of your family have stimulated YOUR economy? I am not sure. Is the goverment's concern for the welfare of it's constituents or just their own political welfare? Just their own political welfare. Which do you believe would have stimulated the economy more; 12+ trillion for big business or 42 thousand dollars for every man, woman and child in the US? The forty-two thousand dollars for every man, woman and child in the US.
@bestboy19 (5478)
• United States
2 Apr 09
After watching the Obama administration trying to take over the businesses and banks that have gotten stimulus money, I don't think I'd want any money from the government. I want to keep my freedom and right to choose as long as I can, which may not be much longer, if Obama gets his way.
@mariposaman (2959)
• Canada
3 Apr 09
Where is all this money coming from. Are they just cranking up the printing presses an inventing value out of thin air. This must be fueling inflation and the next generation will have to pay interest charges on this debt. Does this amount to financial abuse of the next generation? I wonder.
• Philippines
3 Apr 09
i think what the US government is doing not just helping their country but also the rest of the world. i mean by increase in US economy, other country's economy will increase. i think? but in some asian countries, although their economy slowed down, they are still surviving. i mean they dont have that much recessions since their economy is still growing... i think there is a political melt down happening somewhere in between