You might want to take a look at this. This is info from the federal reserve.
http://www.foxnews.com/video2/video08.html?maven_referralObject=3479955&maven_referralPlaylistId=&sRevUrl=http://www.foxnews.com/glennbeck/>>>
I think it's a good faith attempt to address our economic crisis.>>>
>>>I might believe that if it weren't for all the pork...
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>>What concerns me is that he is doing exactly what he stated back in December need to stop:
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http://www.cnn.com/2008/POLITICS/12/07/obama.economy/index.html>>
>>and this:
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http://www.foxnews.com/politics/first100days/2009/01/27/republican-leaders-raise-concerns-acorn-stimulus-dollars/>>
>>For what it's worth, 11 Democrats (one is a congressman in my state) - in addition to the Repubs - strongly objected to the package.
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>>Still, there are good pieces in the package and I'm not sure that we should throw the baby out with the bathwater. As I wrote to Mike earlier, there is always give and take and no one will be completely happy with the package. On balance, are there more good pieces than bad?
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>No. There aren't.
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>You don't spend your way out of debt.
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>I don't spend other people's way out of their debt. The fact that people, corporations, and the government were stupid or ignorant and destroyed themselves is not my responsibility.
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>This country was founded on freedom. Freedom to be stupid/irresponsible/ignorant if you want. It does not mean that other people have to bail those people out.
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>In the last few months the government has effectively thrown away more of my money than I have earned in the same time. I will have to pay that money back in increased taxes (yeah - lets see the 95% of the people get tax breaks) for many years. I will also be paying for the deadbeats/cheats/etc who will never pay anything (they'll get free money out of it - watch).
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>So far, the government has no clue if or when this will do anything for the country, or what the result will be other than massively higher debt.
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>So far, this country has hemorrhaged close to 2 trillion dollars w/o controls or plan in less than 3 months. We haven't bailed out the airlines, auto industry, insurance companies, construction industry, or any of the hundreds of industries that will have their hands out THIS SPRING.
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>Democrats control all three branches of government. There is no way to stop it short of revolution (which I'm all for at this point).
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>There is nothing good in this for the people who will have to pay for it.