Tuesday, May 06, 2008
The Check is in the mail
Wow, an economic miracle will soon hit the country everyone will get the big check from the government. Nothing could symbolize our countries idiocy better than this silliness. Our government, which I think is us, borrows money from China, and gives it to us, to help us. Something strange about all this. It is very much like going to the bank to borrow money to pay off your credit card. Is there anyone so stupid that would call this progress? Now, what do we do with the money we borrowed from ourself. Some people are going to pay off debt. So we increase national debt to pay off personal debt. I am thinking about buying lottery tickets, it is just as simple minded as the whole scheme was in the first place. Many pundits have pointed out that a lot of this money will be spent at Wal Mart, which is now a distribution system for China. So the economy that gets stimulated is China's not ours. Virtually every American has seen a $1,200 dollar increase in gas prices. The reality is that if the check does anything, it brings you back to neutral. Reality says that you cannot borrow money from yourself to pay yourself. Are we really that stupid. YES
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