Comments on: A Government Spending Backlash?

By: Peace

Peace — Fri, 24 Jul 2009 16:37:59 +0000

It is a shame that money given to likes of Chysler and GM was wasted. In fact such companies should have been put under microscope and monitored very closely. Finally the burden is going to come on us tax payers.

By: lyka

lyka — Wed, 22 Jul 2009 00:28:08 +0000

Its understandable that we are afraid of change..since we don’t know what the future in store for us,,just like in change in the leadership in the government..its like a wait and see game..

By: admin

admin — Sat, 06 Jun 2009 04:58:01 +0000

As time passes we can now begin to see how well “bail-out” money was really spent. There are TV stories about millions spent on useless improvements within the back yards of powerful Congressmen, politics as usual, and it is obvious that money that went to Chrysler and GM was wasted. I think you will continue to see more about wasted bailout billions, even Mr. Biden is admitting there was waste. In my opinion I think a backlash will build when the burden for all this spending is shifted to the taxpayer. Starting a value added tax (VAT) would be real nasty, especially while we are reeling from increasing unemployment, increasing gasoline prices and little income.

By: savvyeyty

savvyeyty — Fri, 05 Jun 2009 14:20:54 +0000

If only people would listen to each and everyone fairly, then perhaps all would be handled better. But hey, what the heck, its not like everyone would do that. Why am I saying this? Because of this great point of yours.

“One thing is for sure, change is never easy. Another thing is for sure, if you protest what the government is doing loud enough you may become labeled as an agitator subject to investigation or harassment. It’s not supposed to work that way, but guess what, nothing works the way that it is supposed to.”

You we’re right about this. I hope the bailout would be handled professionally.

By: Ricardo

Ricardo — Mon, 20 Apr 2009 14:23:32 +0000

That’s a very good question. I was impressed at the number of participants in the tea party events.

I also find it odd to hear that the banks are now doing significantly better, and there’s now a question of how much the bailout was needed.