Well, it is an interesting Monday morning as we wake up to hear that high government officials and bankers from Citigroup worked through the evening to "steal", I mean receive a bailout of billions more of our taxpayer dollars. Isn't it nice to see such diligent servants toiling through a weekend night?! Personally, I wish they would have taken the day off and not given anymore of our money away to legalized criminal enterprises like Citigroup. If anyone else did what they did, we would call it extortion, but because they are a bank which is "to big to fail", we give them money until it hurts "US".
What a crock of something smelly this bailout nonsense has become, and daily the line of "bailoutees" grows and grows, and so does the anger out here in "real" America. We have had it with giveaways, and want our elected leaders to do as we say, and not as the "monied" interests want them too. Remember we have elections to send you people to Washington to do our bidding, and giving all of our money away was not what we had in mind. If you are going to do the same thing we did before, then what is the point of even holding elections. We could hire permanent civil servants to give our money away if that is what we want our country to do, instead of wasting all of the time, energy, and money to elect "new" leaders who are going to do the same old thing.
WASHINGTON~~~Wake up now before you drown us in your bailout madness. The markets cannot stabilize when you keep propping up bad companies, instead of allowing them to fail, and letting other better run companies to take their place. Simple common sense should be the mainstay of our government, not this fairy tale that they are trying to sell us, that they know what is best for the country. Just look at how inefficient the government is run, and then tell me that we want the whole economy to be run that way. Nonsense, Nonsense, and more Nonsense!!
Here is a story at Yahoo News concerning President elect Obama's economic recovery plan, and after reading it you may well be asking yourselves where his catch phrase of "Change and Yes We Can", come in, when it is just more Bushie economics. Perhaps it will just be transitionary, but please know that you are not doing what you were elected to do, if you follow Bush policies which have already failed. You promised a fresh approach and that is what we expect~~thank you very much!!
Anyway here is the lead into the story at Yahoo:
With the economy in crisis, President-elect Barack Obama called on the new Congress to act quickly in passing a costly stimulus package to create jobs as a follow-up to the hundreds of billions of dollars the Bush administration has committed to rescue financial markets.
"The economy is likely to get worse before it gets better," Obama said in a downbeat forecast, delivered 57 days before he takes the oath of office and with Americans heading into the year-end holiday season.
"Most experts now believe that we could lose millions of jobs next year," he said, urging the newly elected Congress to act quickly on his plans after opening its session on Jan. 6.
At a news conference, Obama was critical of the Big Three automakers, saying he was surprised they did not have a better-thought-out plan for their future before asking Congress to approve $25 billion in emergency loans.



