The "Medusa" Economy

Obama has said that his first priority when taking office would be signing an economic stimulus bill into law.

The Never-Ending Cycle

According to US media, Obama's team is looking to craft a package worth between 675 and 775 billion dollars over two years, but it could build substantially to 850 billion as it moves through the legislative process. Some think it could reach one trillion dollars.

Once the stimulus package is launched, Congress plans to finish the 2009 budget, confirm the middle-class tax cuts Obama promised during his election campaign and tackle health care.
[LINK] [LINK]

Taxes and fees imposed by federal, state or local laws
Lotteries providing Additional Revenue to Government officials
Presently, many lotteries in the US donate large portions of their proceeds to the public education system. However, these funds frequently replace instead of supplement conventional funding, resulting in no additional money for education. [Huh? Duh]
Pig Book Digs Up $17.2 Billion in Pork

The Conservative View - Cut taxes and spending (maybe ???)
The Liberal View - Increase spending while promising to cut taxes (increase taxes - but less than they would want, and call it cuts - and continue printing, spending and borrowing from China??? Japan??? Madoff???)

If the Feds don't increase taxes, your state, county, city and local entities will. Oh, and the oil-producing nations (you know, the ones that don't like us) are concerned that they lowered prices which has impacted their standard of luxuries. They're working on the next cycle of increases.

Through legal(?) manipulation and extortion of huge amounts of money from the general working public, our public officials, representatives and special interests have created a "Medusi" economy and are reaching new heights in "book cooking." They feed upon the beast without looking her squarely in the eye - and dare you to.


WRITE YOUR REPRESENTATIVE
[Identify Your Congressperson]

More is required a long way to go lots of hard work ahead Think of the Children It's for the kids We're representing and looking out for you outsourcing dirty manufacturing jobs allowing foreign nationals to take the jobs you don't want we're taking care of you spread the wealth we will return your social security money if there's any left We need a pay raise and more employees we continue to keep our promises to promise responsibility and accountability Change The Time is Now The Sky is falling Blah Blah Blah

See also: Financial Success and the American Dream