Obama Versus Math

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(OK, this is my last political post of the week. Promise)

$50 Billion Stimulus Package of 2010 = Wonderful infrastructure project to fix the nations roads, railways, runways, and implement next-generation air-traffic control systems. OK. That needs to be done.

$1 Trillion Stimulus Package of 2009 = Uhm… ?????????

How the HELL did $1 Trillion Dollar Stimulus Bill NOT ACCOMPLISH WHAT A $50 BILLION DOLLAR BILL WOULD ACHIEVE????? …. that’s $1,000 BILLION DOLLARS folks!!!

WHERE THE HELL DID THAT MONEY GO?????????

2 Comments to “Obama Versus Math”

  1. By Debbie Gerbo, October 13, 2010 @ 5:14 am

    Oh…I don’t know…check Barney Frank’s purse…or Nancy Pelosi’s plastic surgeon’s bank account. Actually, I just heard that Big Banking is having a banner year in profits, while neighborhood banks who service small business loans are going broke. Maybe they know where all that money ended up.

  2. By Sonicfrog, October 13, 2010 @ 4:56 pm

    Of course they’re going broke. Interest rates are TOO LOW. They can’t make enough money on those loans to make up for the decreased demand for loans, and for mortgage losses. Thing that is really scary, in the last few years of the Great Depression, before the crash of 1929, the same pattern was occurring – rural banks started to fail and no one took notice. Then when the large banks took those huge losses in the crash, everyone realized there was not enough healthy banking infrastructure to keep the system going.

    Now, I know there are many differences between then and now, and if you study the patterns of each recession and depression, you’ll find each is different in its own way. But, there are similarities that are nagging.

    PS. Hey Sis… How goes it???

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