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Good thing we bailed out Citigroup and Merrill Lynch. Citigroup had plans on buying a nice, new $50 million dollar private jet after receiving a $45 million bailout (they aren't going to do it now) and the CEO of Lynch spent over $1 million on remodeling his office, including a $1,400 garbage can.
This is why you don't bail out private companies! If they can't succeed on their own then you let them die like any other company. Did anyone really think they were going to spend the money wisely????
But we're about to do it again with Messiah giving out billions to more companies and cities that we all know won't be spent wisely. What a waste of my money!
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I heard today on Hannity that something like $4.3 billion was going to Acorn?!? Can this be true?
Probably. It's probably under some community organizations provision. Look at that post I put up a couple days ago which had all the provisions, it's probably in one of those categories.
And why not give them money, they made sure that plenty of fraudulent votes went the Messiah's way!
I saw today a quote about Obame telling the GOP to leave politics of it. I think he's talking to the WRONG party. Politics should be left out of it. Personally I think it's all a waste, but if your going to spend $850 billion, it should go to companies that make something. Infrastructure projects will have no long term benefit, and giving to poor people is like putting sand in a sieve. Again, no long term benefit. Let's prosecute the criminals, and force no more than 20 years for political office. That's where some of the worst criminals are, right Teddy?
How about cutting taxes for businesses - large and small. The large businesses are all going to head overseas and are laying off people left and right. Cut their taxes and they'll stay!
Small-businesses can't make it when they are being taxed like crazy and minimum wage keeps rising.
Without business there are no jobs and hence the economy continues to slide.
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