Idle Musing #2

Well, I haven't posted on this blog for over 6 months. It's not that I haven't had idle musings...it's just that life gets in the way of being able to put them down in the written word. I guess I should consider myself lucky that I have other things to occupy my time than to be posting to a blog that nobody reads. Lol! But it does help me to focus and I really do need to get in a habit of doing it everyday.

So, what am I musing about today? The economy of the U.S. is still in the toilet and more crap keeps getting piled on top of it. Earlier this year, the government released an "economic stimulus package" that was meant to help the economy get out of the hole that was dug by Clinton's NAFTA innitiative and Bush's war. Did it work? Hell no. Studies are now finding that a large chunk of that money went into people's savings accounts rather than fueling the economy. So basically we just borrowed money from other nations at, I'm sure, a rather steep interest rate and the plan failed. What would be the government's answer to this dilemma? Why, to give another stimulus package, of course. That's the current debate going on in Congress. Why in the world would we give out more money that we don't have in order to just have people invest it into banks that are making it difficult for people to get their own money out of?!? Yes, that's right. Banks are refusing to allow people to take THEIR OWN MONEY. They are freezing accounts of people that have large sums in savings. This isn't just hearsay. One of my father's associates is a millionaire and had her account frozen not too long ago. I know that banks are afraid of people taking their money out and thus causing another depression, but it just doesn't seem right. People I know are now saving their money the old fashioned way...in cannisters or envelopes in the freezer or under the bed. Seems like we've taken a few steps back. Let's hope it's not a step back to 1929.