Where is the money coming from?

Let me see if I understand this: The government wants to give the banks more money so they can lend more. This isn’t just the Bush bailout, it’s part of Obama’s as well. The government doesn’t actually have the money, so they have to borrow it. (My brain is hurting here. The concept defies logic.)

This can only work out one way: As the economy continues to collapse, people will subsidize their unemployment with credit. Gas and groceries, nothing tangible. People get deeper into debt to banks, and then government taxes the people heavier to pay off it’s debt. Eventually, this system will fail, because the people in the middle will have nothing, the government will keep going after bigger and bigger fish (businesses and the rich), until there is nothing left but the government and the banks.

Get out while you can.

2 Responses to “Where is the money coming from?”

  1. January 9, 2009 at 5:55 pm

    Our minds think alike. Yes, we’re taking from the guys who manage to make a dollar do the work of two, and we’re giving it to guys who make a dollar do the work of half a buck. That’ll get the economy humming!

    How is your wife doing? Am thinking of and praying for you!

  2. 2 ddchris
    January 9, 2009 at 10:22 pm

    She’s doing what she’s got to do, but we are really seeking God for his will and direction. Thanks for your prayers.

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