No Brainer

From what I’ve seen the American public doing, most are against the 700+ billion dollar bill currently being voted on in Washington DC.

According to some news sources, Americans are calling into their congressmen and representatives in droves clogging up the phone lines trying to let them know that they don’t want them voting for the bill, but against it. They want it stopped.

Why do the little people want it stopped and the politicians not? Because the little people don’t want to have their pockets taxed any further! The American people already pay too much to the government in taxes. Many want to keep their hard-earned money to themselves instead of having to hand it out to pay for some other person’s mistakes doing bad business practices. They don’t want to bail out the banks that gave out bad loans!

Politicians, not all of them, want to keep the failed banks alive because many of the banks have strings tied to the politicians body parts, similar to marionettes. And with the much added pork to the bailout bill, now the size of a novel, many of those politicians for the bill want to see their pork come alive! The vast majority of American people don’t!

My opinion is that the politicians voting to pass this bill don’t care who pays for the banks to stay open as long as the money isn’t coming from their pockets and their extra added sweeteners come to fruition.

It might be wise to look into which politicians are up for re-election and which ones are on their way out. The ones on their way out may actually care more about how the little people’s money is going to be spent in the future, because they may very well be in the same situation as you and me, looking to Washington to make the right decisions based on public opinion. And as for those up for re-election, they may actually care to listen to their constituents. They may be more apt to vote against the bill than for it because they want to please their constituents.

Politicians who have security, on the other hand, may not be worried about whether or not they vote the way their constituents want them too. By the time they have to run again for office, their constituents may have forgotten how they voted on the bill or they may have an even larger bill to pass to bail out more banks because the previous bill didn’t quite do the job they thought it would.

Capitalism at its best is when failing businesses fail and better businesses come into the market to take over where the bad businesses and businessmen left off. If the government bails out bad businesses one after another with taxpayer’s money, the market will eventually crash because the government would end up taxing people so much to pay for the failing businesses that the public wouldn’t have any money left over to spend on anything. Eventually, everything would come to a halt because the government would run out of taxpayer’s money to tax!

If all the Americans in America, including babies, were to be able to pay back the bailout bill, they would have to all pay 2324.5006415571959969827583186763 extra in taxes.

How did I come up with that figure? Easy. I just divided the 700 billion $ bill by the number of American citizens, 301,139,947 (July 2007 est.). Now, since not all of the 301 million Americans pay taxes, and I couldn’t find any numbers on how many actual people pay taxes a year, I would imagine that each taxpayer would have to pay quite a bit more than $2324.00, especially when the pork in the 700 billion $ bill would call for more money because the programs in the pork would need more $$$$. Larger government and more programs consume more money!

I think American citizens need to stop this bill in its tracks or they are going to be paying for it for a long long time, in more ways they can imagine!

I hope you find this article interesting and helpful. If you have time, please leave me a comment. I enjoy feedback. Thanks!