As most of you have heard, the House of Representatives passed a $850 Billion bailout on October 3rd. The reality is that particular vote was $850 Billion yet it's referred to as the "$700 Billion Bailout".
I hope all of you take a look at this link because I'm sure you'll be in shock as to how much this "bailout" really is.
http://money.cnn.com/news/specials/storysupplement/bailout_scorecard/
(info from the link):
Do you really think there's $7.8 trillion sitting in some bank account?
I am amazed at the IDIOCY of the American public. Everytime we hear about a bailout, we are told that the "taxpayers" are paying for this. Are we that stupid to believe that there's an endless amount of money sitting in some account? The reality is that this money is being PRINTED OUT OF THIN AIR. PERIOD.
If we could print our way into prosperity, they would have done that in the 1970's.
Bob
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