Bailout Perspective: Combined Costs

Standard

The current total bailout money spent as of November 24, 2008 is $$.6 Trillion. That is more than the combined amount spent on the following:

The New Deal
The Louisiana Purchase
The Marshall Plan
The Korean War
The Vietnam War
The Iraq War
Every NASA project in US history
The Savings and Loan Crisis

The combined total of all of these events is a grand total of $4 trillion

I want to strongly urge you to contact your senators and U.S. Representatives and let them know how you feel about passing the additional bailout/economic stimulus package being proposed by the White House.

This is not a Republican v. Democrat issue. This is about the people in our country taking a stand against pork barreling and out of control spending. Blame for that falls on both sides of the aisle.

We have already seen and are continuing to see everyday the irresponsible ways in which bailout money has been spent by the entities that have received it. The last bailout was passed so quickly that no checks and balances were put into place to insure that the funds were being used in the manner for which they were intended … to rescue our failing economy.

The newly proposed stimulus package includes a lot of pork (a swim park in Florida) and many of the measures will not be put into place until 2012. That is not doing anything to help our current situation.

Please consider this spending package wisely and get as much unbiased information as you can. Then ACT! Remember, this is OUR money and the future debt of our children and grandchildren.

Advertisements

About rachaelneagle

I am a 39 year old wife and mother.I have two children, ages 5 and 2. I am passionate about my family, God and getting healthy. I love to learn as much as I can about health and wellness and share that information with others.

One response »

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s