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Washington Borrows More Money To Give Away
by James Glaser September 4, 2008 Almost from the day George Bush took office he has been using our credit card to spend money we don't have. George Bush has racked up a huge debt, and every time he has asked, Congress has raised the debt ceiling so he could spend more. Congress raising the debt ceiling is exactly as if you or I asked a credit card company to raise our credit line so we could charge more. As of Tuesday, we as a country owe $9,667,801,662,429.23. I don't know how much we have to pay in interest on that debt, but for sure it is in the billions of dollars every year. Now we find that President Bush is giving $1 billion to the Republic of Georgia to help them out after the war they had with Russia. It isn't just George Bush's spending, but he has acted like a rich kid with his daddy's credit card. Come to think about it, George W. Bush is still a rich kid. It is just as President he has been able to trade his dad's credit card for our country's credit card. But like I said, it isn't just President Bush spending too much, it is the Congress and state and local governments. It seems nobody, after being elected, ever thinks about fiscal responsibility. Yes, it is fun to spend money, but our elected officials are spending way too much, and the truth is we don't have it to spend. Drive around the country and see how many 100 year old bridges you have to cross. Look at the condition of our roads. How many cities do you think need upgrades for their drinking water and sewage treatment plants? Yes, the Republic of Georgia got its butt kicked in that war last month, but they attacked Russia, or if you like, they stuck a stick in Russia's eye, and Russia hit back. Either way it was a dumb move. Now to reward that dumb move, Washington is going to pour money into that country. Why? Who is going to make the profit off this aid package? It all boils down to somebody making money off government spending. If you spend a one billion dollars here in the states, you can find out where the money went. You send one billion dollars over seas, and nobody really knows where that money went. Politics is money and power, and there is a reason that money is always listed first. Politics is really all about money, and in America, if you have the money, the power comes with it. We have reached a point in this country that we have to curb our spending, and we all know it. Right now you and I don't have to worry about the debt we have, because we are going to pass it on to our children. Hopefully they are going to wake up, and say, "Enough!" The sooner this happens, the better it will be for them. |
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