Thursday, November 13, 2008

Cost of Bailout $3.5 Trillion!!!!!!!!!!!!!!!!

Here's the link.

Our government is one step further in pumping up the national debt. The national debt was already a big albatross for the nation. It's difficult to fathom the full impact it will have on our kids and grand kids. But, it goes without saying that entitlement programs will have to be cut back. Dead weight being carried by the government through entitlement programs will have to be carried by families. Perhaps we'll migrate back to extended families living under one roof like in much earlier days.

1 comment:

Anonymous said...

This bailout is killing me, too. Now they're going to bail out the car companies. The other thing that's really bugging me is that I just heard yesterday that Paulsen is taking money earmarked to help people with foreclosures and going to buy stocks of US banks instead.

PS thank you for listing me in your blogroll. I like your site, and will list you in mine as well.