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Created on: June 26, 2009 Last Updated: June 30, 2009
The Lack of Government Accountability, is it an easy way to steal America's money? Are we really in a depression here in America? The stock market keeps sliding downward and the news is foreboding when the subject is our nation's economy.
We are in the worse financial crisis since the 1930's.
We are on the edge of absolute chaos and in the midst of it all; the publicity machine is white washing the problem to the point that it is a popular topic of interpretation for many expert financial analysts, pundits, and commentators. Our country's problem is being sugar-coated and turned into entertainment so the masses don't panic, or worse still, get angry and demand that the government really do something about our impending plight.
The economy is a hot topic here in the United States, so much so, that our new president cannot say enough about it. Money will be thrown at the problem on day one when President Obama hits the ground running, January of 2009.
We cannot afford to risk another dollar with our financial stability depending on loans from foreign banks and countries. How many trillions of dollars in the red are we now? 700 billion dollars was used to bail out the private sector in 2008. Still, those financial institutions are failing at an alarming rate as currency keeps finding its way into that money pit, which is private sector banking.
I think that the government of the United States should take over the banks here in America but the government doesn't know how to handle our tax dollars or invest money any better than the businesses they are bailing out. The government is inept at managing our affairs wisely. They haven't in the past so why should we think that the leopard has changed its financial spots?
Where is the oversight? Where is the accountability? All of the users of America's tax dollars have caught on to this one simple fact; if you don't, by law, have to account for the taxpayer's money then you cannot be accused of stealing, misappropriating or wasting that money. Just where is the money going, for what and by whom was the money spent? If you don't have to account, then you are free and clear to spend our money any way you choose.
The lack of accountability is a blank check to squander the money in our nation's pockets. Let me ask you these questions? Are there people receiving money from our government who are actually enemies of the state and are they using that money against America? Which branch of the American
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