50 Billion And Counting
Congress passed the bill to send 50 billion dollars down New Orleans way, and the President will sign it, today. I would suggest Western Union, as I wouldn't trust the mail with a check for that amount.
Not that the check is good, anyway. You don't think the government has fifty billion sitting down in the treasury checking account, waiting for disasters like this, do you? That money goes out of there as fast as it comes in. They'll do what lots of us do; kite a check for the whole amount and then go out to the long bond markets and sell our grandchildren's hides to the Chinese at eight per cent.
So when people say that the government is wasting our money on one thing or another (not this...God Forbid! God Forbid!) that is not actually the case. They are spending the money our children's kids have yet to earn. This goes also to the issue of forgiveness of debt by the west to African nations. It looks more and more like a good idea.
One day, it will be us, hat in hand, asking the rest of the world to save the USA. And if they won't go along, we'll invade them.
We ain't America for nothing.
Joe
Not that the check is good, anyway. You don't think the government has fifty billion sitting down in the treasury checking account, waiting for disasters like this, do you? That money goes out of there as fast as it comes in. They'll do what lots of us do; kite a check for the whole amount and then go out to the long bond markets and sell our grandchildren's hides to the Chinese at eight per cent.
So when people say that the government is wasting our money on one thing or another (not this...God Forbid! God Forbid!) that is not actually the case. They are spending the money our children's kids have yet to earn. This goes also to the issue of forgiveness of debt by the west to African nations. It looks more and more like a good idea.
One day, it will be us, hat in hand, asking the rest of the world to save the USA. And if they won't go along, we'll invade them.
We ain't America for nothing.
Joe
posted by Mr. Liberty at 11:14 AM
4 Comments:
All this aid makes me nervous, especially when I think rebuilding that area is a waste of time. At least use the money to help relocate the people to more habital locations around the US.
If money has to be used, let private investment take a crack at it first before reaching into the governments empty cookie jar.
Shane
Thanks for visiting my blog, Shane.
I agree with you, naturally!
Joe
Very interesting take. Personally, I've never believed in handouts from the government. That's what insurance should have been for, but with insurance companies refusing to cover increasingly more incidents of natural disaster damage, that's not going to be an option much longer.
Hi WJQ,
Thanks for hopping aboard my little liberty train here for a look. I appreciate it, and hope to see you again!
Joe
Post a Comment
<< Home