The Govt. Bail Out Summed Up In One Pic

Nuff said.

Debt and the Economy

For years Americans have been living in a world of gratification.  The "buy now, pay later" mentality has become a way of life for many if not most of Americans today.  However, times are changing and it is happening even if most of us don't want it to.  

In years past, lets say in 2006, a person would go into a store looking at a TV, or to a car lot to get a new car, and when they are weighing the ability to buy said item the thought process may have gone a little something like the following.

"how much down, and how much a month?"

"I can make those payments"

"will my FICO score be approved so I can get this?"

"hmmm I could really use another way to boost my credit."

These are the thoughts of times past, times when all a person needed to do was make the monthly payments.  Never mind the fact that any given person could not pay for said item all at once, it just mattered that they could make the payments.  

America has been in a world were "credit money" or "imaginary money" is what was used to pay for items.  Goods were exchanged for money on a credit card or a loan, to later be repaid in smaller easy to make payments.  Cars that cost 35,000 dollars were being sold to people who made 40,000 dollars a year.  Didn't matter that the person could not pay for it, they just needed to make the payments.

Times have changed though.  All that "Credit Money" has come due, and the lender need it all back.  The problem is, it was never really there to give back.  The sub-prime market should not have gotten loans that they could not repay, they should not have be approved, but alas they were.  Now that this money has come due and it is not there to repay the bubble has BURST!  

All this supposed "wealth" that we thought that we had is now gone and we want to keep it, and make it the way that it was a few years ago.  The problem is, it can't go back to the way that it was.  We were living in an artificial economy, with reality being much lower than where credit allowed it to be.

What is the point of all this discombobulated rhetoric?  I guess to get this off of my chest.  We all are quick to blame the "free market" or "the US Government for all of our problems.  We are all quick to pass the buck onto others, and I have been there myself, but we are all overlooking one very important thing.  It is not just "someone Else's" fault, we are to blame as well, and we all have an equal part in this together. 

Even though we caused this, WE can fix it.  Not the clowns in Washington, or the higher ups on Wall Street.  We the People can fix this.  Will it be hard?  Sure it will.  Will we need to go without?  Yes, we will most certainly go without some things, but I ask you now.  Is that a bad thing?  Is it ok to hear that ancient word spoken to us?  That word that many of us have forgotten. The word is "no", and we should and will hear a lot more of it in the coming days.  But we the people can fix this, and that is were I am looking for answers, not the Hill in Washington DC.

finaly someon asks the tough questions

http://www.glennbeck.com/content/articles/article/198/23400/

If only more people would point out what is happening with these politicians 

Conservatives in Hiding

It seems that I have become part the underground Conservative party.  I am part of a group of people that believe so many things that once were part of the foundation of our great country, but has now faded into that grey area that can be "adjusted" as we see fit.

As a conservative in hiding, I find that I must be careful what I say in public as I may be accused being and uneducated buffoon.  If I say what I think to people about what I see to be reality, and fact I am ridiculed, and told that I am a hateful person, that does not want to see people be the best that they can.  Well that could not be further from what I hold to be true.  In these times, I feel that the very core of Americas beliefs set forth by our founding fathers are being tried and tested.  

As a part of this post I want to do something that I did a long time ago, but I think needs to be re-done.  I am going to type my list of things that I believe, and here they are.

1. I believe that the "Pursuit of happiness" reads as it says, and not "the guarantee of happiness."

2. I believe that most people do not know what is is the constitution as they have not read it only once or twice in high school or not at all.

3. That it is a god given right to fail, and to fail really bad.  It is also a person right to get THEMSELVES up and go and win.

4. If we take someone right to fail away, as a result mans right to succeed is also taken from us.

5. Obama is a liar, and one of best the world has ever seen

6. Things must ALWAYS get worse before they can get better

7. Gay marriage is wrong no matter how they feel, there is nothing that is right about it

8. It is mans right to be stupid

9. It is mans right to be as smart as he can

10. It is a mans right to make people pay for services

11. NOTHING in life is free

12. Welfare is abused and Democrats use it as a tool to gain votes, and as a result that ones that really do need some sort of assistance are denied for it.

12. McCain was a bad choice as well as Obama

13. Obama is worse

14. Most of Obamas supporters don't have a clue

15. the fairness doctrine is censorship, contrary what the Democrats would have people think

16. President Obama, and the Democratic party, and CNN has on more than one occasion mad a mockery of the office of the presidency.

17. Obama made a bold faced lie about what kind of people he would elect to his cabinet

18. If a Republican made the same nominations the News networks would crucify him/her

19. I DON'T GIVE A FLIP THAT BARRAK IS BLACK.  IT DOES NOT MATTER TO ME!  Not because I am racist but because I am not racist, and if you don't get that I am not going to explain it.  

20. If govt spending was the key to a strong economy then we would have the strongest economy in the world

21. Fighting the Iraq war was the right thing to do.  

22. Bush made many mistake as all Presidents do, but I am Proud of the job that he did. 

23. If I met President Bush I would shake his hand and tell him that I never did not support him, I stood by him always.  (I hope that one day I get that honer)

24. I would shake President Obmamas hand out of respect only, and that is it

25. Obamamania makes me want to puke

26. I am sick of people thinking that President Obama is our saviour and the most glorious person ever to walk the earth

27. I am sick of Govt. hypocrisy. (from both sides)

28. Job Biden is not even remotely close to an Average Person, he doesn't have a clue.

29. No one in govt is like that.

30. I still don't understand how preventing the spread of STD's will help the economy

31. That woman who asked Obama for a house got a very different treatment because she was Democrat and appealing to progressive socialist ideals.  If she was a Republican I imagine much like Joe the Plumber.

32. Democrats are scared of Conservatives with opinions, and I think they want all of us to be silenced

33. Glenn Beck, Rush, and all the others I think are right on

34. Nancy Pelosi can't be our best choice for a speaker.  

35. People should speak English in this country

36. Universal Health care is a bad idea

37. Free Health care is not a right

38. Free Food is not a right

39. People should not be forced to help others

40. Guns should not be taken away from the people

41. The Constitution is NOT a living document.  The Lord inspired it, and I don't thin he was wrong

42. The day that we start removing God from society, and Govt. that is the day we begin preparing the destruction of our Country.

43. Terrorist do not have Rights

44. POW's don't have rights.  

45. Our Enemies are not playing by the same set of rules

46. We are at war right now, and it is a bigger more deadly war that most people realize

47. I am scared of what Obama and other Socialistic Govt leaders are going to do to our country

48. Obama is Wrong

49. It pains me to see people fail, and if I can I wan to help them.  However I want to see them fail so that they can get up and be better for it.

50. I have failed and I learned the most from the times that I was down.  Yea it was hard, and I don't want to do it again, but I never would want someone to Rob me of those experiences.

That is all for now.  Please feel free to add to this list in comments yourself.  God bless the USA, and May we all open our eyes and see what is right in front of us.

if I hear one more time. . .

not 20 days into this new administration, the Dems are trying to load the US with a $1.2 trillion+ (yes trillion, there is at least $300 billion in interest you must account for) stimulus package, that seems to resemble more like a Christmas wish list.  

If I hear a Democrat say that G.W. Bush was a bad president because of a the debt, or if I hear one say that the republicans got us into a massive amount of debt.  I will Punch them in the gut, I wont even warn them or say anything, I'll just do it.

This is really getting old, where Dems yell and scream about the wrongs of the republicans, then they do the same things themselves, only they do it all the way.  I have only seen more partisan efforts as a result of Obamas efforts. 

Obama has dropped from a 96%+ approval rating to a 70!  I think that people are starting to see it already.  And it is only 14 days!!  

I would have loved to see Obamas face when he got his first security briefing.

Obama:  You mean they are serious about trying to kill us?  They really do want to kill us?  I thought that they were just bluffing, and that you republicans were just making it all up to get ahead.  Crap, I gotta act like Bush and keep those wire taps!  *Thinks to himself: It's ok the media wont do anything about it, they still think I can walk on water he he he.

So Obama followers, I hope he does some better work in his next 100 days or he will meet Bushes approval rating in his first 100 days.  Oh not that wouldn't be good.

p.s. I still hope that I am wrong about Obama, and I hope that he does good things.  It is just not looking too good.  I don't want America to pay the price of Obama not doing a good job.

bailout FACTS (not opinions)

Stimulus Quick Facts

 

  "A government big enough to give you everything you want, is big enough to take away everything you have." - Thomas Jefferson

 

 Total Cost of Stimulus Legislation: $825 billion

•   How does this compare?

                  - In 1993, the unemployment was virtually the same as the rate today (around 7%). Yet, President Clinton’s proposed stimulus legislation *only* contained $16 billion in spending

 

                  - The total cost of this one piece of legislation is almost as much as the annual discretionary budget for the entire federal government.

 

                  - This legislation nears a trillion dollars. President Reagan said the best way to understand a trillion dollars is to imagine a crisp, new stack of $1000 bills. If you had a stack four inches high, you’d be a millionaire. A trillion-dollar stack of $1000 bills would measure just over 63 miles high.

 

                   - In $20 bills, a trillion dollar stack would be 3150 miles high. That’s about the distance between DC and Trujillo, Peru.  

• President-elect Obama has said that his proposed stimulus legislation will create or save 3 million jobs. This means that this legislation will spend about $275,000 per job. The average household income in the U.S. is $42,000 a year.

• This bill provides enough spending to give every man, woman, and child in America $2,700.

• This bill will cost each and every household $6,700 in additional debt, paid for by our children and grandchildren.

• Although this legislation has been billed and described as a transportation and infrastructure investment package, but only three percent ($30 billion) of this package is for road and highway spending.

• Much of the funding within the proposed stimulus package will go to programs which already have large, unexpended balances. For example, the draft bill provides $1 billion for Community Development Block Grants (CDBG), which already has $16 billion on hand. And, this year, Congress has plans to rescind $9 billion in highway funding that the states have not yet used. 

• Deficit spending will not expand the economy. If that were true, then the current $1.2 trillion deficit -- the largest in history -- would already be rescuing the economy. $800 billion more will not change that.

• Trade groups state that every $1 billion in highway “stimulus” can be spent creating 34,779 new construction jobs. But Congress must first borrow that $1 billion out of the private sector. The private sector then loses or forgoes roughly the same number of jobs.

• Japan responded to a 1990 recession by passing 10 “stimulus” bills over 8 years (building the largest national debt in the industrialized world). Their economy remained stagnant and their per capita income went from the second highest in the world to the tenth highest.

Thanks Obama

I don't have much time so I will be brief.  

Thanks Obama!!  Lets spend our way out of Debt and economic woe with 850 Billion Dollars!!  I have debt myself, so I think that I am going to spend my way out of it too!  I just want to make sure that if I try that and it doesn't work that you will bail me out.  I am all about a free handout I don't deserve.  Please give it too me!  It will make me feel better if you do.  

Also what else do you plan to do for me?! you know I could go for some food stamps so I don't have to spend my hard earned money on things like food.  I would much rather spend that money on things like move tickets, DVD's, That new Blue Ray player to go with my 52 inch 1080p HD TV I just got.  Oh Obama, you are the answer to my prayers!  I can do what I want and have no worries about it.  I won't even have to worry about how I am going to pay my mortgage payment now!