AIG Bonuses

Mar 20

AIG Bonuses

As one of the millions of witnesses to our economy’s collapse, I have been watching with great interest what is happening with the bailouts. The one I am referencing here is the original 800 billion that our government handed out (on the peoples behalf, because it is our money and our government) to various financial institutions including banks and insurance...

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Obama's Stimulus Isn't Stimulating

Feb 06

Obama's Stimulus Isn't Stimulating

How long would it take you to count to 1 trillion?  Longer than you have to be alive.  If you received 1 dollar per second it would take 32,000 years for you to get to 1 trillion.  Research by the Family Research Council has estimated that we could pave the entire US interstate system with 23.5 karat gold with 1 trillion dollars. $1,000,000,000,000 That is a big...

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Where does all that bail out money go?

Jan 23

I recently wrote about where the bail out money comes from, now I want to show you where some of it went.  Apparently the former CEO of Merril Lynch (he was fired) spent 1.2 million dollars to redecorate his office.  I think this punctuates just how out of touch many people in these high positions are.  If your company is reporting billions in losses you...

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Blessings of a Bloodless Change of Power

Jan 21

Another day gone and a new president in the White House.  Despite all of the people out there praising or criticizing our new president he is in office and no one died to get him there.  This is one of the most amazing things to me about the way our system of government works.  For all of the things I think can and should change about our country, this is a...

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Where does that bail out money come from?

Dec 04

With all of the bail outs (read hand outs) from the federal government going on these days I thought it would be prudent to look at where the money for these comes from.  Let’s be clear on something first.  The government is not an engine of wealth.  They can create money but money does not always equal wealth.  So, the government recently approved an 800...

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We Live in a Burning House

Nov 25

“Democracy is a device that ensures we shall be governed no better than we deserve.” –George Bernard Shaw Here we are, on the verge of financial collapse as a nation.  The government is attempting to shore up weaknesses in our economy.  Billions are flowing from Washington to these financial institutions.  Where does it stop?  The auto makers...

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