Tuesday, May 25, 2010
A $23 billion teacher bail-out?
How about it? A cart load of money to buy a loaf of bread? Sweeping money up off the streets like trash? Stacking worthless bank notes? Hmmm! How about that young trillionaire?
Didn't someone say that if we don't learn from history we are doomed to repeat it?
Hmmm! You'd think teachers, educated and supposedly intelligent would know all of this! I guess not!
A $23 billion teacher bail-out for a profession that is currently turning out an inferior product!
And the money! Where's it going to come from? We have two options; borrow it from the Chinese or just print the money. Now since the Chinese aren't lending any more and are trying to convince others not to lend to the United States the only other option is to print the money.
Hmmm! Now since Ben Bernanke ordered $1.2 trillion in new currency printed up in March of last year, are we nopw to believe we will need to print even more?
And since the Obama administration and congress is still holding more than $34 billion in unspent TARP money, why print up more?
And how much of the stimulus money from last year is still unspent?
And shouldn't we consider all of this money funny money since there's nothing backing it?
It seems all we are doing is re-arranging the deck chairs on a sinking ship!
A storm is coming!