Is the USA doomed to poverty and pauperism?

The Republican party, all except three, in the Congress are trashing Obama's stimulus package. Not because they have looked in the mirror to say sorry for exciting George Bush into reckless miopia when the credit crunchers took hold, but because they are fearful of the vast debt piling up. I think it is all a bit late. Where was Bush, that adopted Texan cowboy when Stanford was building his ponzi scheme? And Madoff? And the Lehman Brothers fat cats?

No, the GOP hasn't got a leg to stand on. But Obama is raiding the funny money chest. He's on some yellow brick road at the moment. Mind boggling sums are going into propping up ailing businesses, banks without balances, and government agencies. The Republicans are right on one crucial point. "The way to lead is not to raise taxes and put more money and power in hands of Washington politicians. The massive economic stimulus bill will increase our taxes down the line, and saddle future generations with debt." That was the "official line" from Louisiana Gov. Bobby Jindal, speaking on behalf of the GOP.

It is all a crying shame that Ron Paul didn't get to be president. But at least he's being listened to now. Fox News! Who'd have thought it.

What we need is confidence back into the system. Those that are calling for small retail banks separate from the investment banks should hold sway. We cannot go on dumping money into bottomless pits. Until the toxic debt level is actually agreed and put into a special fund, it will remain exactly that - A TOXIC DEBT. We are being slowly poisoned and the cure is to fence off these offending loans and feed the economy with good money not imaginery stuff from the cookie jar!