Tuesday, November 25, 2008

So, Um, You Ah, Going To Use That 7 Trillion Dollars For Anything?

...or would you rather just give it to people who made bad decisions? You didn't really need 1/2 the nation's GDP did you?

No? Good! Carry on, no communism here!

Next up in line for a frikken handout: Everybody Else.

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It's almost like they're trying to foment armed rebellion, but I'm still chalking it up to gross incompetence, until someone proves me wrong

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They're trying harder now. Since yesterday, you went from being on the hook for $7.7T to $8.5T now. If you don't understand why this a bad thing, imagine the following scenario:

You make $50,000 per year. You owe $10,000 on credit cards. And you have just promised to lend $30,000 to your neighbor who never returns the tools he borrows from you.

Now consider, that is the current status of the economy of the United States of America.

Nice.

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