The Consequences of Debt, Part Two
In Just a Thought, May 22nd, 2009
Do you believe the borrower is a slave to the lender?
If not, you haven’t been following what’s happening to the people who have accepted stimulus money. Banks across the country that took the bailout have discovered the government chains that accompany the money. Many have tried to repay the debt only to discover that this president doesn’t want their money…he wants control of their business.
Or consider the unbelievable situation in California. In an effort to bring their budget under control, they are implementing spending cuts. Some of their cuts the President doesn’t like…and since they are recipients of bailout dollars, his response has been to threatened them with withdrawing the federal funds unless they restore the budget cuts that he doesn’t like.
By the way, the ones he doesn’t like impact his union buddies. When did we put these union thugs in charge?
