An open letter to my federal government
To the editor:
Reports are on 12-9-11 the EU (European Union) leaders will meet in Brussels to discuss the next stop in their debt crisis. Stock market investors expect that the EU leaders are about to announce they have the necessary funding to bail out their troubled leaders are about to announce they have the necessary funding to bail out their troubled euro-zone countries, given recent Fed moves. One of those recent Fed moves may very well have been from our VP Joe Biden when he joked on Monday, Dec. 5, 2011, during a visit to Athens about bringing money to help Greece out of its deepest financial crisis in decades. Introducing a member of his delegation during a meeting with Greek President Karolos Papoulias, Biden said, “This man represents the Treasury Department. He’s brought hundreds of millions of dollars.” Please note: his comments drew laughs from both the Greek and U.S. delegations.
So it looks as though the Federal Reserve is prepared to finance a part (if not the majority) of the costs to help provide the IMF (International Monetary Fund) with the necessary funds to support Europe’s debt ridden states, courtesy of our Prez., who recently pledged U.S. support to EU leaders amidst this debt crisis as “in the best interest of the U.S.” Treasury Secretary Tim Geithner was scheduled to meet with European leaders Tuesday, Dec. 6, ready to make his pledge before EU leaders who meet on Friday, Dec. 9.
Pardon me, but where are you guys getting these hundreds of millions of dollars to lend to EU? Two weeks ago I read that a bill passed Congress making billions in cuts to our U.S. programs like wildlife and conservation to name one. The reports said these cuts happened in order to fund the government through mid December 2011. How do you go from unable to keep the lights on for Christmas to funding the European debt crisis in two weeks? How do you do that? Shouldn’t we be paying back Social Security? Didn’t we just borrow $2.4 trillion in August to get us through 2012? Do the EU leaders know your suitcase full of hundreds of millions of dollars is FIAT? Or, is it our conservation money you are “lending” to the EU? Did it ever cross anyone’s mind that the U.S. also has a huge debt crisis going on and that maybe we ought to use that money right here at home? Why are we funding the EU’s socialism? This bail out is nothing more then American’s paying for Europe’s payroll. That’s what it is. We have tens of millions of U.S. citizens out of work or underemployed and you are taking our tax dollars and paying the salaries of socialism in a foreign nation. How is this in the best interests of the U.S.? How will the markets react to this? Better yet, how will American’s react to this in November 2012? Ever think of that?
Well U.S. leaders, to those of you that think this is a necessary evil should stop to think about all the pain that is being inflicted on human lives outside your box. Think about the human lives that are being and going to be ruined because of your fiscal irresponsibility. Then think about the likely result of destroying the economy.
Dawn Shevlin
St. James City