It's NOT enough our government is debilitating our economic future by saving their buddies on Wall Street and not to mention the value of their assets, they have just today passed a bill that included BAILING OUT the BIG THREE AUTOMAKERS without a sound-bite on local news?!?!?! This bill was passed under the radar once again as many others that we 'the common' citizen are not aware of because we are never told by our very own government.
Okay Washington, who's next? Perhaps the credit card companies? Meanwhile more and more American citizens are losing their homes and going homeless, more and more American citizens are losing their jobs, causing more and more American citizens to go bankrupt. But why should you care... ALL of you appear to be in the safest place ~ at the TOP of the mountain. Great place to be as this economic tsunami hits our homeland. Democracy my ASS! This applies to BOTH sides. Both parties have had their hand in this deep stinking mess! We all might as well start using our dollar bills as toilet paper. Our government seems to be... Please click here to read the following article I have taken from Reuters.com.
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Reuters.com
By Andy Sullivan
WASHINGTON, Sept 24 (Reuters) - The U.S. House of Representatives on Wednesday funded a $25 billion loan package for troubled automakers as part of a mammoth spending bill to keep the government running through March 2009, but the legislation did not extend a ban on offshore oil drilling.
The spending bill, which passed by a vote of 370 to 58, is needed to keep the government operating after the fiscal year expires on Sept. 30.
It is expected to pass the Senate.
The bill sets aside $7.5 billion in taxpayer funds needed to guarantee $25 billion in low-interest loans to help struggling General Motors Corp., Ford Motor Co. and Chrysler LLC produce more fuel-efficient cars and trucks.
A long-standing ban on oil offshore drilling is now likely to expire next week because it was not included in the bill, which carries a price tag of more than $600 billion.
That will not lead to a rush of new drilling as the politically sensitive topic is likely to be revisited after the Nov. 4 election.
Congress must pass the bill by Sept. 30 because it failed to approve any of the 12 annual spending bills needed to keep the government operating in the fiscal year starting Oct. 1.
The bill includes $23 billion in emergency aid to states hit by hurricanes and other recent natural disasters.
It provides full-year funding through Sept. 30, 2009 for three large, politically sensitive areas: defense, domestic security programs and expanded veterans' benefits.
The $488 billion provided for the Pentagon is less than the $492 billion sought by President George W. Bush. It includes less money for outside contractors and more to supervise them.
However, it does not include new funding for the ongoing wars in Iraq and Afghanistan. Congress would have to confront that issue when existing funds for those wars run out in mid-2009.
Congress also will have to deal with the rest of the government's funding requirements, for programs like health care, law enforcement and foreign aid.
Separately on Wednesday, the House approved a $600 billion defense policy bill for fiscal 2009 that would authorize about $70 billion in new funding for the Iraq and Afghanistan wars. It also authorizes funding for part of a U.S. missile shield in Europe, a system that has drawn strong criticism from Moscow.
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