It has always seemed there wasn't much in the coffers when we asked for, say, health insurance for everyone, or relief to victims of disasters like those made homeless by Hurricane Katrina.
Or for AIDS relief in Africa, for which President Bush pledged, what, $10 billion? The most devastating plague of modern times, mind you, and we give a relative pittance.
And our country's automakers, representing the very core of American prosperity over the past century, schlep out to DC crammed into their teensy private jets, and get what? NaDa!
Meanwhile, back at the ranch ...
This morning Secretary Paulson announced another $800 billion of bailout relief for affected financial institutions. Presumably so they will start giving out loans to the public again. I guess the initial $700 billion wasn't enough.
Where are we suddenly finding that kind of money?
We are either printing it or borrowing it, or both most likely. It's a case of find the money to fix (we hope) the immediate problem now, and worry about the consequences later. And , Oh Boy, there will be consequences!
For the amount of taxpayer (or borrowed Chinese?) money the government is throwing around, wouldn't it be cheaper to just give every US citizen a million bucks in savings bonds and be done with it?
I promise to give some of my million to AIDS relief and The Red Cross. I'll even buy something from Ford, Chrysler, or GM ...
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