ksense

Now we’re getting the real story of the tarp legislation. Here’s an example: Higher education in Missouri lamentsa 5.2% cut, because now they wonder what will happen when the stimulus money runs out next year.

Analyze that for a moment. Let that ferment in your brain. What did they say? They fear when tarp runs out, because  they don’t know what they will do.

So, are you saying that, actually, the stimulus didn’t stimulate. Sure, it saved some jobs. How could you give away billions upon billions and not give somebody some work. That’s not the problem. It may have saved a few jobs for a year, but then the money will be gone, without real growth from industry, Industry was not stimulated. the income streams coming into the schools will not have increased, and the government will have to spend the same amount on another stimulus to keep it going.You saw 15 billion dollars more in a “jobs ” bill this last week.

I think of TARP as, buying consumables on your credit card. When you eat the food its gone, but the bill still remains and you still have to go buy more food. It’s a double whammy.

I have asked the question all along, what will happen when the stimulus money is gone? Will the government go back to spending what it did pre-stimulus or will we need to spend the same amount just to keep the appearance of money flowing and the appearance of the economic stabilization façade standing upright?

You have been duped, those of you who believed that TARP was really to “help” the economy, “stimulate” the economy. TARP and the policies of the last two years of bailouts, handouts, and out and out bribes is the biggest expansion of government in our history. It was not meant to stimulate the economy. It was to grow government, plain and simple.

And now the organizations that got the money, look forward and go, “holy crap, we are worse off than we were before”.

Now what America. Trillions more debt, no new jobs, and millions people that want to keep the government giving going, so they can keep their jobs.

What will be the response of the Obama Administration next year? Won’t they have to give out billions more in stimulus to keep the boat with the holes afloat. Where will the money come from?