If At First You Don't Succeed... Spend, Spend Again

A few days into the Obama Presidency and the government is getting ready to write more checks with no funds to cover them. Our new Commander and Chief wants Congress to sign off on a new stimulus package worth $825 Billion dollars! And the best part of all, we the tax payers don't to get to say anything on how it gets spent. Lets recap: last year the government in its so-called infinite wisdom give the finical institutions that drove our economy over the cliff $3oo Billion to get credit flowing again. That money was given with no oversight, which led to banks buying more banks but no money being made available, so therefore, no available credit leading to our current economic paralysis.

Now the new sheriff in town wants Congress to write out another check, without any oversight. And this is going to help us how? Lets be clear on this, the tax payers of this nation are shareholders in the banks, yet we get no say in how they run their business and that is not acceptable. The cold hard truth is that our lending institutions have ruined our economy and they are being rewarded for their greed and incompetence. Enough Already! President Obama and Congress need to stop spending our children's money and show some real leadership and nationalize the banks. We have already socialized our lending institutions by bailing them out, so we might as well go all the way and have a voice on how our money is being spent and invested. The American people need to get angry and make it clear to their elected officials... the spending spree needs to stop.

Another stimulus package is obscene and doesn't solve the problem... accountably and good old fashion oversight and transparency are needed. We are courting disaster if we continue down this path...