Our economy has been tanking(I don't care what graphs show of rises over short term years, its the long term effects that matter and that is about 2 decades) since we got taken off the gold standard. Everyone has been playing with fake money, money that never existed in reality. They are throwing around the numbers like billions and trillions like they are kids in a candy store because they all know its just fake money. So what if the dollar depreciates and this sends us into a period of inflation that has never been seen.
All this does is prolong the agony and gives the Dems the power they need to turn us into a govt run country. When Obama slapped the $500k cap on bailout CEOS into the air, and Bernake said we need to do it to ALL CEOs I realized this has been set up for years.
This "stimulus package" has been sitting on the desk of every democrate since each one got their seat. It was just a matter of time before anyone could throw it out there. Since when has our congress EVER come up with ideas(especially $789B) worth of ideas in a matter of a week or two.
I have no doubt it will pass, and my generation will take on the toll of fixing these congressional leaders screw ups, if were not already a socialist country at that point. I will say though, one good came out of the talks, Pelosi's rant for "Cash for Clunkers" got thrown out of this thing.
Although I was planning on purchasing a house in '09 with the home buying perks especially being a first time buyer. Had already talked to the mortgage company and all I just wanted to see if I would get my tax breaks....if I have to live with this thing, might as well milk what I can out of it.
71 Camaro 355sbc 6.472 @ 104mph/10.311 @ 128
Powered by: Tripp Motorsports E85 carburetor
NHRA Super Street-4040
IHRA Hot Rod-404
How am I supposed to get my own T-Shirt with all those different numbers?