Lake Waco -- First Ride in a Boat!
12 years ago
Home Sweet (Former Atlas-F Nuclear Missile Site) Home
In my daughter's eyes I am a hero
I am strong and wise and I know no fear
But the truth is plain to see
She was sent to rescue me
I see who I want to be
In my daughter's eyes
In my daughter's eyes everyone is equal
Darkness turns to light and the
world is at peace
This miracle God gave to me
gives me strength when I am weak
I find reason to believe
In my daughter's eyes
And when she wraps her hand
around my finger
It puts a smile in my heart
Everything becomes a little clearer
I realize what life is all about
It's hanging on when your heart
has had enough
It's giving more when you feel like giving up
I've seen the light
It's in my daughter's eyes
In my daughter's eyes I can see the future
A reflection of who I am and what will be
Though she'll grow and someday leave
Maybe raise a family
When I'm gone I hope you see how happy
she made me
For I'll be there
In my daughter's eyes
Last week, some 200 university economists and finance professors wrote an open letter to Congress expressing shared concerns about the government’s $700 billion plan to shore up the banking system and reverse the ongoing unwinding of the global credit markets. Those concerns centered on three basic issues. One was the fairness of a government bailout of financial institutions that made bad bets. The second was the plan’s ambiguity, as little detail was provided initially about just how it would work. The third was whether taking urgent action just to calm the markets in the short term might actually weaken the financial markets over the long term.
Will the government’s plan work? Even the plan’s backers on Capitol Hill say there’s no way to know.
“I suspect it’s not going to solve our problem,” said Charles Jones, a finance professor at Columbia University.
This Bill is ill-conceived without any comprehensive analysis of the economic situation, without inputs from most experts, and certainly without inputs from the majority of taxpayers who are against it. This Bill mocks the democracy of US.
From 2003 through the end of fiscal year 2009, Congress has appropriated $606 billion for military operations and other activities associated with the war in Iraq, according to the Congressional Budget Office (CBO). The entire military budget for fiscal 2008 is $481.4 billion.It is all very depressing, not to mention infuriating. In a nutshell, these financial institutions made bad decisions and continued to make bad decisions even when the writing was on the wall. Now we, the ones that play by the rules, have to bail them out. No one will bail us out when we, my husband and I, make bad financial decisions, so we don't.
Social Security is a $608 billion annual program.
Many analysts fear the bailout because the cost must ultimately be borne by taxpayers.
Based on the U.S. Census Bureau's estimate of the current population of about 305 million people, each person would have to pay $2,300 to fund the $700,000,000,000. If each American (including children) paid a dollar a day, it would take more than six years to pay the money in full. One might argue, however, that this $700 billion would be a modest splash in the bucket of national debt, which already stands at well over $9 trillion (which means you already owe $31,642 each).