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Tuesday, February 10, 2009

Bombshell! Bailouts Risk 9.7 TRILLION in Tax Dollars

In a stunning analysis of the Obama/Democrat-initiated bailout and economic stimulus package, Blomberg News is reporting that the actual figure that taxpayers are risking in the bill is 9.7 TRILLION dollars.

According to Bloomberg, the government has spent and continues to spend trillions through back-door deals, quietly and without the knowledge of the public.

We’ve seen money go out the back door of this government unlike any time in the history of our country,” Senator Byron Dorgan, a North Dakota Democrat, said on the Senate floor Feb. 3. “Nobody knows what went out of the Federal Reserve Board, to whom and for what purpose. How much from the FDIC? How much from TARP? When? Why?

It is absolutely imperative that all taxpayers and concerned citizens read the full report at the link provided above. We are being screwed, duped, and sold down the river not only for someone's political gain but for undisclosed purposes that defy reason.

When government is spending trillions of our tax dollars without even our elected representatives in Congress knowing where it's going, you can rest assured something terribly sinister is afoot.

And this is precisely why we MUST STOP this trillion dollar stimulus package from being passed by Congress. Obama says he will use whatever means necessary to pass it. WE must use whatever means necessary to STOP it!

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