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Will Stimulus Money Go To Waste ?
Writer Barton Biggs is not convinced that the stimulus package will do much to help the economy. He says that “Throwing money at the problem and propping up greedy banks is like trying to put out a fire by pouring gasoline on it.”
I hope that he is wrong because we all want things to get better but I suspect he is closer to right.
Find his story here.
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One Response to “Will Stimulus Money Go To Waste ?”
We crammed capitalism down the throat of the world's societies. We put on displays of fat cats living large for all to see…now, in order to maintain, not credit, but credibility…we have to clean up the books, or be faced with US-esque economic sanctions enacted by the angry children of US capitalism…that being all the rest of the world's suckers that bought into the pyramid scheme of national economic models.
The books aside…the White House is falling on a tried and true standard of capitalism, and it isn't complicated, I've no idea why so called 'conservatives' and 'populists' are having such a difficult time accurately interpreting the Obama administration's approach to assisting the common citizen's future fiscal standing in our stalled and flagging economy …'To make money, you have to spend money'.