A Member Is Heard By Paaco
The credit market needs to be loosened up so that Americans can borrow, borrow & borrow. See we the taxpayers need to go into debt in order to help out the economy. It seems to me that much of this problem had to do with borrowing to much money and not being able to pay it back.Now that we are in an economic crisis, we the taxpayers are trying to lower our debt load, spend less money and save more money for another rainy day (sounds responsible to me). ******** No said the politician, this is not correct. See you taxpayers think ya’ll know what to do and how to manage your life; but we the politicians are here to tell you where you’re wrong and what you need to do in order to be helpful to the economy.
Follow me; if you the taxpayers would go out and borrow money to spend and buy things you want, then that will get money flowing and help recover the economy.
With a recovering economy and growth; you the taxpayers will be in better shape to pay back the money that you borrowed in which case will allow more freedom to borrow more in order to buy more which stimulates the economy and makes it easier to pay back the borrowed money. ******* Average Jo says stop insulting the intelligence of the American people; this is what got us here in the first place.
The politicians say that the money used to stimulate the economy is taxpayer money, if this is true than it would appear that the money was stolen from the taxpayers without permission.
If person #1 takes money from person #2 to feed the family of person #1 without the permission from person #2; this would constitute theft for which criminal charges could be filed. If the government insists that they used our money to bail out companies, then i say theft has occurred. If no crime has been committed, then it would appear that the correct analysis of the situation would be that the government spent the money and the taxpayers are paying the debt.
Remember: the government did not use taxpayer’s money for stimulus. The government promised borrowed & printed money for the stimulus and is going to make the taxpayers pay it back.
Summary —– it has been said that part of the economic demise was the borrowing of money that we Americans did not have to buy things that we did not have or could not afford to pay back; then why is the government borrowing money that they do not have, to pay for things that they cannot pay back.
Paacco






