Monday, December 22, 2008

Spend, Spend, Spend - there is no tomorrow.

I have to wonder what motivates people to just throw caution to the wind and act without any real consideration of what the consequences might be. Seriously, how can we think to put our futures in jeopardy simply to extend little comfort for today? Our current president and the president-elect have recently announced some very expensive endeavors:

President Bush tossed 17.4 billion dollars into the air to flutter down like a light snow fall onto the decrepit tongue sagging out of the hungry mouths of the Automobile industry. And like the snow flake, this money carries with it absolutely now nutritional value. Nothing will sate the appetites of these behemoths.

President-elect Obama wants to conjure up $850 billion to throw at various programs designed to “stimulate” the economy.

The Peterson Foundation recently announced, “According to recent calculations by the Peter G. Peterson Foundation, the sum of America's debts and other financial commitments is about to exceed the collective net worth of its citizens. That means that for the first time in our history, we'll owe more money than all of us have combined."

We are simply out of our collective mind.
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