Sunday, February 15, 2009

Do you know? Cause our elected officials don't

Do you really know whats going on with the economy? I hope you do, cause its apparent that our elected officials and the bureaucrats don't have a clue. Congress just passed a bill that NONE of them read. If they tried to read this stimulus bill, they had to read 1100 pages in less the 24 hours. Can you do that? I can't and I love to read. So soon we will hear their outrage at this pig in a poke when the details come back to bite them.

When the details of this latest stimulus package hits you, you will be outraged at what it cost you and how little it does. You were told it will be used to build and repair infrastructure. True, to a point, some time after 2010 or later. What will it do now? Not much if you are out of a job. It will extend your unemployment benefits a few more weeks, but it will do little to bring new jobs in the near term. That is unless you are looking for a job in the government. There is going to be a big increase in the size of the government. Remember welfare reform during the clinton years that the republicans rammed through? It got a lot of folks off the welfare lifestyle and back to work. It has been repealed with this bill. Boy will your representatives be outraged when you bite them in the butt over that.

Rest assured they are good at outrage for not knowing. They were outraged at the SEC and the banks when the foreclosure crisis and the banking crisis hit. They are outraged that the banks can't account for the 350 billion of taxpayers dollars that they have received. They were outraged when the treasury department couldn't tell them where an additional two TRILLION in bank loans went. There was a run on the banks to the tune of 550 billion and they don't know who was behind it. According to some in congress it was a near thing. What, you didn't hear about it from your congressmen? Cut and paste this link in and see. Talk about scary!

http://www.boingboing.net/2009/02/09/rep-kanjorski-550-bi.html

Have you heard about the commercial loan crisis? What commercial loan crisis? It's the next big thing to hit real soon. All of these businesses that are going bankrupt all have outstanding loans to the tune of trillions. When Circuit City, Linens and Things, Landry's restaurants, and others close what happens to the buildings? They go back to the lessor, who has a bank note and no real prospect for a new lessee. Is your congressman or senator talking about it. Want to bet they will be outraged when this shoe drops?

I don't know about you, but I am outraged these folks are breathing the same air as me. These members of the 'Know Nothing Parties' have no business running the business of government. They are outraged at CEO's of banks, peanut butter factories, car companies, etctera. Yet they know nothing until it falls down and goes boom in our laps. Then they are outraged that they might not get re-elected. When pigs where lipstick and fly. They always get re-elected.

We are in real trouble here. We are in a deep recession if not a depression and these folks are in outraged denial. God help us all, cause these folks never know anything.

Ken Lowder
Constitution Party

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