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247 Comments
- tpmidd, on 03/11/2009, -21/+92That's alot of Change $$$$
- Boggie08, on 03/11/2009, -14/+78Congress needs to regain its senses and limit its spending. Spending like this is completely unsustainable.
- TheMayor, on 03/11/2009, -16/+60You call that spending? You aint seen nothing yet.
- pookydirt, on 03/11/2009, -17/+61Do I hear one and a half? One and a half? One and a half billion to the lady with the charter G5... do I hear two? Two...
- tomasII, on 03/11/2009, -15/+50This incompetent congress should take a pay cut just like they recommend for CEO's of failing companies, and yet they gave themselves a nice raise.
- tattertech, on 03/12/2009, -3/+38We're over leveraged. What you're basically suggesting is that everyone that has too much credit card debt should just go open an new credit card.
- theBean42, on 03/12/2009, -13/+42Well, you did want them to fix the economy. right?
- y0y0howsdajell0, on 03/12/2009, -10/+38Bush had crazy spending.
Obama is having crazy spending.
The GOP had crazy spending.
An all-Democratic congress has crazy spending.
I love change!
NOTE: DAMNIT KEVIN! Fix the god damn ***** comment box! - SkittlesUSA, on 03/12/2009, -11/+39If anybody cares, this is more than the entire Iraq War to the degree of hundreds of billions of dollars.
- MrMikeMGM, on 03/11/2009, -12/+39Assuming an 8 hour work day for the congress people (which might be generous on some days, but light on others, so likely a reasonable average), that is $3B/hour. Being overly generous and assuming they work all but 8 hours per day (and sleep those 8 hours), that gets us to pookydirt's $1.5B/hour
- Harboggles, on 03/11/2009, -21/+47***** congress.
- methdwman3, on 03/11/2009, -14/+37At least they stuck by one mantra - you can't let a good crisis go to waste.
- vuke69, on 03/12/2009, -3/+25They should give themselves a nice long vacation. It would probably save us hundreds of billions of dollars.
- eRaptor, on 03/12/2009, -1/+20I don't know ANYONE who's happy the government is adding on more debt. But, the more important question to examine is WHY is it even necessary. Also, why haven't they 'bird dogged" and arrested the culprits who CREATED the conditions for this economic disaster.
- SkittlesUSA, on 03/12/2009, -8/+27Ok, so let me get this straight. We spend 800 billion dollars on a war over the course of eight years. This new administration spends 1.2 trillion dollars in 50 days, and it is because of the Iraq war we are broke?
- tattertech, on 03/12/2009, -4/+22What got the US in this situation? Spending too much and borrowing too much. How do we plan to get out of it? Spend even more and borrow even more.
- mycoplasma, on 03/12/2009, -2/+20So the banks crashed by loaning money to people who couldn't pay it back. How does the gov respond? They loan money to banks that can't pay it back.
- 7papa7, on 03/11/2009, -24/+40Before we know it, it will amount to a lot of money. The saddest part is that our children and grandchildren and great grandchildren... will have to pay for all of this. It is disgusting. My generation on back were willing to sacrifice so that our children would have a better life. The spoiled brats now a day are willing to sacrifice their children so that they can have an easier life and that is sick. Talk about child abuse. These self centered kids that have infiltrated our government are destroying our country and they don't care in the least. I want the best for my children and grandchildren and the stinking socialist in the white house is making sure that they get the worst. Thanks a lot comrade Obama. The only thing I am sure of is that in the long run this will come back and bit you and I can't wait. I will be their to lead the cheering section.
- minoss, on 03/12/2009, -5/+21Yea, and who cares why it was created. It had nothing to do with the Fed. And especially don't ask who they're giving money to or who they're bailing out.
Oh well, I guess it's much each to cover your ears and yell that Bush did it. - borez, on 03/12/2009, -15/+31We're *****.
- anthropodeus, on 03/12/2009, -3/+18Scenario 1: the government does nothing and we hit the bottom fast, then start the rebound.
Scenario 2: the government prints trillions of dollars and spends it. we still hit the bottom, just more slowly. it takes far longer to come back up due to crippling inflation that has resulted from a combination of the sale of "safe dollars" by foreigners as their countries come out of depression and the gigantic increase of dollars in circulation due to government "quantitative easing" - inactive, on 03/12/2009, -6/+20You have incredible insight.
- jason210, on 03/12/2009, -1/+14If I acted like a congressmen I would be fired.
- anthropodeus, on 03/12/2009, -2/+15you mean they asked us first?
- inactive, on 03/12/2009, -2/+15It doesn't occur to you that this practice of living beyond our means, be it the individual, small business, large business, or the federal government itself, is incredibly reckless and inefficient? Perhaps this collapse of bubble inflating economic protocol is a sign we need to CONVERT to cash, producing and saving, rather than opening up new lines of credit every time we are "out of money."
I am 21 years old. I have 3 generations of unborn descendants that are going to be paying for this *****. - Nonashi, on 03/12/2009, -0/+13Excuse me, But We the "spoiled brats" are not the generation currently in power in major government. No one in congress voting for these bills are under the age of 40 and Unless you happen to be over 100 years old, they are either your peers or your seniors. Make no mistake, What's happening is Disgusting and Well beyond being absurd, but to pin the blame on the young generations of today is grossly inappropriate. We didn't start this, and you know what, It's going to be up to us to fix it.
- y0y0howsdajell0, on 03/12/2009, -2/+15Haha! I see what you did there...
- Gareth321, on 03/12/2009, -0/+12So the comment box bounces up and down for everyone else too? I thought I was having flashbacks =/
- jason210, on 03/12/2009, -1/+13they should have to live like an average American 40,000 a year, no company vehicles. and they should be required to actually show up to debate rather then just vote.
- Trekhawk, on 03/12/2009, -5/+16Maybe we should give Congress a few more vacation days.
- dalittle, on 03/12/2009, -22/+32Where were these people when Bush was spending trillions on the Iraq War. Seems a bit hypocritical to start screaming now.
- MachThree, on 03/12/2009, -7/+17Not to mention Obama has already spent more than Bush did on Iraq ($800B stimulus versus about $600B).
- SkittlesUSA, on 03/12/2009, -5/+15You are so right. We should obviously spend a billion dollars an hour to get out of this depression.
NEXT - inactive, on 03/12/2009, -2/+12Money IS debt, but this has been going on since 1913. The more you spend the more debt you go into. Doesn't sound like a very responsible money system.
- active1x0, on 03/12/2009, -8/+18No matter what happens, everything bad will always be George Bush's fault, right?
I guess I will have to learn to live with this Democrat version of history. - Trekhawk, on 03/12/2009, -4/+13/s
- pookydirt, on 03/11/2009, -4/+13"Before we know it, it will amount to a lot of money."
It's already there. And past it, too, by egregiously exponential numbers. - darkened, on 03/12/2009, -8/+17The Iraq War created more jobs than the porkulus ever will. Sadly I'm wishing we really did pillage Iraq and took their oil like so many leftist people claimed is why we went to Iraq.
- Cerebron, on 03/12/2009, -7/+16Sure, we can spend, but why should the government? Why shouldn't the market decide what companies are worth investing in, and how much to invest?
Also, if our credit based economy is crashing, maybe that is an indicator that credit based economies are either a: incredibly delicate and risky or b: doomed to certain failure.
There's nothing wrong with spending, but spending money we don't have seems to be what got us in this mess.
Blaming Bush (and not Congress, not federal agencies) is just a pathetic blame game that gets us nowhere. The real debate is economic theory and philosophy, and the two major political parties only share one between them. - inactive, on 03/12/2009, -3/+12This spending comes from out of thin air, and guess what, the jackasses printing the money....are going to charge YOU interest. Keep bleating and naively trusting these elites handling your money tho...you make a fine fine sheep.
- lohphat, on 03/12/2009, -48/+56OK you morans listen up:
Our economy runs on credit, not cash. If we don't spend money on supporting the credit markets and generating cash FLOW, it will come crashing down harder and faster.
I don't like it anymore than you do but if we don't spend, we lose.
Let us not forget who got us into this mess. The current budget and financial was inherited from the former administration. - Thinbev, on 03/12/2009, -1/+9I agree... It's long overdue. Both parties are out of control and have lead our country down the crapper.
They're printing so much paper money, that they will inevitably devalue our money and render it worthless... People shouldn't be shocked, because history shows that whenever governments have control of a nations paper money system, they always create too much of it and eventually destroy it.
That's why we as a country should start thinking about allowing private individuals to create competing currencies and allow individuals to compete against the Federal Reserve Bank. Allow us to choose what currency we'd like to trade with, instead of us being forced by our government into an unsustainable paper-money system. We should have the freedom to choose. - inactive, on 03/12/2009, -1/+9On purpose. The elite want to crash the system, so they can buy it up for really cheap and then guess what...you own nothing.
- atomheartmother, on 03/12/2009, -5/+12Our country is ***** because of the "everybody needs a house" mentality that ruined the housing market and because of repeal of Glass/Steagal- signed by Bill Clinton. Although some Republicans do bear responsibility for feeding at the Fredie/Fannie trough, Democrats like Frank, Dodd et al bear the brunt of the blame. It's becomming more and more apparent now that Pelosi and Reid are out of control and Obama is a bungler and can't or won't reign them in.
- BotchaMcCoola, on 03/12/2009, -0/+7They are also moving away from central planning to more capitalism. We are moving the other way. We really set them back with the Korean and Vietnam Wars, didn't we. I guess some folks are just born with more IQ.
- bkrejchi, on 03/12/2009, -0/+7Maybe you don't understand change, you're getting the bill not the check.
- InetRoadkill, on 03/12/2009, -5/+11B,b,b,b,but Clinton!
- synapz, on 03/12/2009, -2/+8This is not about democrats or republicans. This is about whether or not you believe that a problem caused by government spending can be solved by government spending.
- inactive, on 03/12/2009, -0/+6Obama gets elected the first thing he shouts: "I'M RICH BIAAAAATCH!"
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