Someone explain how putting our country $800 billion in the hole will help us.

[jonquest]

I got this feeling last night while watching the news about the $165 mil. AIG bonuses that what is happening now could be the beginning of the end of capitalism. Everything is just too stupid to keep on going on like it is.

Some lady was blabbing about how the government in some states has a large tax on bonuses like that. So it ends up working out like this, the government prints out billions of monopoly dollars to give to banks, banks get it, give their executives huge bonuses, and the government takes a large percentage of that monopoly money back in taxes. Is it just me or does something not seem right here.

Hopefully people will realize capitalism is what we need before it's too late.

jonquest Reviewed by jonquest on 03-18-2009. Someone explain how putting our country $800 billion in the hole will help us. Ok, so I am a bit of an economic retard. I don't know much about the economy or finances or all that jazz. What I do know however, is that the value of our currency is directly related to the amount of currency in circulation. I also know that the value of our currency is slipping. From what I have heard, the purpose of Obama's stimulus package is to save the banks and thus the entire economy from collapsing. So now here is my question. Actually it is a series of questions. Where the Rating: 5