http://www.cnsnews.com/news/article/debt-has-increased-5-trillion-speaker-pe
Remember when Nancy said this?
Pay as you go, no more putting it on the tab.
Well that's not exactly what happened, is it.
The Senate went out of it's rights of duty, to resurrect the bank bailout, after the House had voted it down.
Not only did they exceed the boundaries of their duty, they also disregarded the voice of "the People".
The banks are once again begging for money, if they don't get it they will die, and even though it's detrimental to the taxpayer, the FED plans on granting their wishes.
People that is our money the FED is using, and what they are using it for is not helping us out.
It's being used to keep the banks afloat.
Well that beast is so dead it stinks.
We cannot keep adding to the deficit, your dollar buys nothing now.
If they add more, it buys less.
When Rep. Nancy Pelosi (D-Calif.) gave her inaugural address as speaker of the House in 2007, she vowed there would be “no new deficit spending.” Since that day, the national debt has increased by $5 trillion, according to the U.S. Treasury Department.
"After years of historic deficits, this 110th Congress will commit itself to a higher standard: Pay as you go, no new deficit spending,” Pelosi said in her speech from the speaker’s podium. “Our new America will provide unlimited opportunity for future generations, not burden them with mountains of debt
