Saturday, September 6, 2008

Just what we need!

Don't get me wrong, I love the United States (now you know this is going to be bad), but we really need to get our act together when it comes to money.

Today, our Treasure Secretary, Henry Paulson, says he is going to bail out Fannie Mae and Freddie Mac. On top of that we (that's right "we" - whose money do you think they are spending?) are giving $1 Billion, with a capital "B", dollars to Georgia. No, not the state, the country formerly part of the Soviet Union.

"We" are giving this money as "aid" (A.K.A. be-our-friend money) to assist Georgia in rebuilding after their war with Russia. Seriously? One, we don't want to get in a war with Russia. Two, we can't help Georgia in any meaningful way, so why waste the money? And lastly, we don't have the money to spend! As noted above, we are performing yet another government bailout, social security is broke and you won't get any, and we currently spend more on the interest of our national debt than what we spend on the Department of Homeland Security, Education, and four years of war in Iraq AND Afghanistan! (the wars just caught up in 2008)

Other than the aid money, you might be asking yourself what this has to do with Russia? Well, currently they control and produce a good portion of the gas that both Europe and Asia use. As these countries, especially Europe, move away from coal, Russia will be bringing in even more money. The U.S. spends almost as much money on national debt interest for one month as what Russia has in total national debt.

Again, I love my country, but we might need to pay some more tax dollars to get our politicians a good, ol' fashioned, Soviet brainwashing, err, "financial reeducation".

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