Despite the all the warnings from Congress, the President, mainstream media and of course the banking industry, that the bailout package was a “necessary evil” to cure the ills of the Wall Street financial mess, just after passage the DOW continued to fall. As of close of business Friday, October 3, one day after the bailout was passed by Congress, the DOW fell by over 157 points after a drop of 42 points the previous day.

What do you think? Will this bailout package get us anywhere? Or as we just playing stool pigeon for the wealthy?

After $223 million in pork barrel spending from the financial bailout package, Gov. Sarah Palin builds a creek to nowhere.

With all the hype this election year about how “pork barrel spending is out” and “a new age of reform and doing business” is in for government, it sure didn’t take long for Washington to revert back to old habits. In fact, the election hasn’t even been held yet, and both presidential hopefuls have helped to repudiate their promises to reform government.

If none of this makes sense, maybe it’s because you haven’t yet heard of the huge pork barrel spending that went into yesterday’s bailout deal. In one of the largest economic crisis’s this country has seen in decades, our venerable senators passed a $700 billion bailout package that included more than $1.7 billion worth of targeted tax breaks.

Of course, how will these tax breaks help you and me, average American workers, small businesses and individuals? Well unless you produce wooden arrows, make rum, Read the rest of this entry »