The government now admits that it “misled” the public during the TARP hearings when it said that the bank bailouts would fix the major banks being funded and that they would be able to start lending to businesses and consumers to stimulate the economy. Word is that the banks were in such bad shape that the cash infusions merely allowed them to keep their doors open and did not provide enough capital for lending.
Also leaking out is an admission that the “Economic Stimulus” money didn’t all get spent as we were told it would get spent. Only 24% went to taxpayers to stimulate jobs in the building and construction trades. The rest got sent to states, cities and a small amount went to cover an extension of unemployment benefits.
COMMENTS:
“Trust us, the new government run health care plan is not going to cost taxpayers a dime. Oh, and by the way, we’re thinking about enacting another ‘Economic Stimulus 2.’ And, did you know that after we shove the health care plan up your hind ends, unemployment will be cured?”
What a bunch of lying, two-faced, conniving, corrupt bastards we have in Washington. Besides which, misrepresenting the facts when enacting legislation, and then using government funds thus obtained for purposes other than the legislation provides, appears to me to be an outright misappropriation of funds, punishable by jail-time and fines.
TODAY’S QUERIES & ANSWERS:
Q. Does anyone have any idea how much of the money ACORN raises finds its way back into the coffers of the Congressional Members who voted to fund it? (Abbie – Kingman, AZ)
A. Shut up and get out of the way.
Q. Obama has ordered the government to start keeping track of its greenhouse gas emissions? (Yolie – Fairbanks, AK)
A. Yes. They should really be investigating all of the methane gas being produced on Capitol Hill.
Q. I hear they are going to display a 10,000 year old mammoth in Chicago? (Doyle – Raleigh, NC)
A. Can you even imagine they would allow an elephant, symbol of the Republican Party, to come within 100 miles of Chicago after the Obamas blew their Olympic bid for them? I mean, even after Limbaugh predicted it? Eeeeew!
TODAY’S QUOTE:
“The only thing lower than a snake’s belly is a politician.” – Unknown Scribbler
TODAY’S VIDEO:
http://www.youtube.com/watch?v=doZtU57Wtfs
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