Where has the money gone?
I watched most of this yesterday, and thought about it for awhile. Where has all of the money gone? The first 158 billion USD from the 2008 stimulus package was sent to the people, and it didn’t help the economy. Well, $600 per household isn’t going to do to much to the economy, especially if people use it to pay bills or, do what I did, put it into a savings account.
Besides, throwing money at the problem will not stop it. Allowing the problem to subside, and take care itself will fix the problem. However, with having an entity such as the Federal Reserve, they will not step aside and let the market take care of itself. They want to throw money at it and create more inflation. That is the real and true problem in this country. If the country wanted real economic freedom they would want the federal reserve to be disbanded. The Federal Reserve is essentially the shackles that keep the common citizen down. During inflation periods, the currency becomes devalued and worth much less than it originally was.
If only the US congress would realize this, we could move on and go back to a better system. Especially since the US Constitution specifically says that Congress is the one with the power to regulate currency.
All that I can say is you better watch out for these stimulus bills and energy tax bills, they’re going to bite the hand that feeds them pretty soon.

