07:57 PM
Congress Can't Waste Any More Time Debating Bailout
If the fear mongers in Congress take any longer to act on the bailout, we'll all be picking lettuce in Mexico! The Congress acted quickly to go to war in Iraq. Is there anyone in the Congress today who would say that was a smart move? Certainly not the kin of 4,170 dead military personnel. Now the Congress is spending a lot of time about a risk of $700 billion.Does that define America? Money over lives? All I can do as a tiny voice in this process is promise to pay my tax share of the bailout right now. I figured it out already. My cost of the $700 billion bailout will be $28,296. I've got the funds set aside, and it's a cheap price to pay to keep our country above water until wiser men and women take over and bring the economy back to sound accounting integrity.
As a 17-year-old freshmen majoring in accounting, I learned the meaning of accrual accounting. Expenditures for capital equipment meant spending the cash up front, but expensing it over a period of years.
Let's save our country and pay for it over a period of years. It's worth it. Maybe we can pay for it by ending the stupid war. Saving the 4,171st life would be worth that, in my opinion.