OH-OH! Click on the title for some scary news about our economy. Dated Today.
Remember last September when our former President and members of the House and CONgress stood in front of the camera and told us if the $700 Billion bailout wasn't approved, our country would see a collapse worse than the Great Depression?
Well, I remember. The House voted NO. Then they wrapped a ***load of pork around it and hurled it through the Senate. Or was it the other way around? No matter. Now, looks like Obama may have to ask for $1 trillion to 'save' the banks. Yep. A TRILLION DOLLARS. Ouch. that one's gonna leave a mark.
Since September, we have bailed out the auto industry, Check out this link for the latest GM news.... http://www.reuters.com/article/ousiv/idUSTRE5161PX20090207 Gosh, I thought the billions we gave them would save everyone's job, now looks like they're going to fire up to 5,000 salaried people. Ya think GM really gives a rat's ass about the American people and their jobs? Nope. It's all about the money. Always was.
We (well I didn't vote for him, but lots of Kool-Aid drinkers did) elected a new President, and are just days away from an almost $900 Billion stimulus package being passed. AND, NOTHING HAS CHANGED. NOTHING HAS GOTTEN BETTER. As a matter of fact, the economy is in worse shape right now, today, than it was last summer. More businesses are closing, more people are being layed off, and more banks than ever are failing. Three banks on Friday alone were seized by the FDIC. I believe that brings the year to date count to 9.
You can blame George Bush for the war in Iraq. You can blame 'irresponsible' homeowners for biting off more than they could chew, and you can blame the Republicans.
But, we should all be blaming our elected officials, repubs. and Dems., who have not and are not listening to the American People. It is politics as usual in D.C.....CHANGE WE CAN BELIEVE IN?? Keep drinking.