Writing Checks You Can't Cash

The so-called bail out is not working, the cash is already missing and no one can explain where it has gone? Just like with Freddie and Fannie, just like with Halleburton and The Armed Forced, it all just magically comes up missing. The problem with government, non-profits and other federal entities is that no one is accountable! From the levees in New Orleans, to the bridge to nowhere, from the mud-slides of California to the Big Dig up north, no one can follow the money and no one in congress cares.

You see folks, the fact is, they do not pay for it anyway, you and I do! The American tax payer is the owners, the lender and the creditor! We supply ALL the money they get and more! They make nothing, they build nothing and they DO nothing but spend , drink and travel! Why has the bail out failed - because NO new wealth was introduced! Why will Obama's strategy fail - NO new wealth! Why did Wall Street fail - NO new wealth! You see folks, without new wealth everything fails! The government

has done nothing but create more debt! With debt countries fail! With debt companies fail! A company must turn a profit OR they cannot pay their bills! In turn America must turn a profit or we cannot pay or bills ! It is that simple! Why is Social Security Failing - NO new wealth! Why are Pensions failing NO New Wealth! No one is creating wealth! Companies like GM, Ford and others are creating debt not wealth and when they create debt, then they cannot pay taxes, when they cannot pay taxes then the government cannot pay it's bills, ie: pensions. Folks , this is NOT rocket science! Matter of fact, it is NOT even algebra! This is simple 2 + 2 = 4. This is elementary, balancing the check book type stuff!

The Congress, the entire Federal Government is doing nothing but spending America into a Third World Socialistic Style Country! They have been planning this for decades beginning back about FDR and the great depression that should have NEVER happened! Yes, folks, this is your democrat economics , that FDR, Carter and Clinton are so proud of and it does NOT work! It never has and it never will! And Obama is about to make it all worse with his economic panel and their FDR type theories! The truth is Congress is writing checks they cannot possible cash without a huge tax increase! Just wait and see!