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Friday, June 26, 2009

Giving Away Deficit Dollars

Read a thread this morning on Survivalist Forum that brought this little bit of news to my attention -

Here's the complete link: International Bailout Brings Us Closer To Economic Collapse.

Written by Ron Paul (R-TX), 23 Jun 2009:

An excerpt:

As Americans struggle through the worst economic downturn since the Great Depression, this emergency supplemental appropriations bill sends $660 million to Gaza, $555 million to Israel, $310 million to Egypt, $300 million to Jordan, and $420 million to Mexico. Some $889 million will be sent to the United Nations for so-called "peacekeeping" missions. Almost one billion dollars will be sent overseas to address the global financial crisis outside our borders. Nearly $8 billion will be spent to address a "potential pandemic flu" which could result in mandatory vaccinations for no discernable reason other than to enrich the pharmaceutical companies that make the vaccine.

Perhaps most outrageous is the $108 billion loan guarantee to the International Monetary Fund. These new loan guarantees will allow that destructive organization to continue spending taxpayer money to prop up corrupt leaders and promote harmful economic policies overseas.

Could someone please explain to me how we can manage to give away money that we don't even have?????? Does this not make you furious????

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