Bailout Spending is Out of Control

By Dennis Byrne
RealClearPolitics

Has anyone bothered to ask: Why $700 billion? Why not $800 billion to bail out the economy? Or a trillion? Jeez, as long as the dam has burst, why not make it a cool $7 trillion?

Okay, $7 trillion it is, and if you think that's an exaggeration, you're wrong. In this year alone, we have committed an amount that is more than half of our entire annual gross national product to assorted bailouts and guarantees. No, that doesn't mean that we have diverted half GNP for bailouts; it means that we have created half our gross national product virtually out of nothing.

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Iraqi Parliament Approves U.S. Security Pact

Do you think that President George W. Bush will get any credit for this?

This was one more thing that the anti-war left said would never happen--just like the surge wouldn't work or that yes, "while the surge might have worked, there will be no political solution." Where is the permanent "civil war" that the Bush haters said that Iraq would plunge into?

This is the country that Vice President-elect Joe Biden said should be divided into three, because they'll never be able to get together.

Do you think that anyone now will admit that we have won in Iraq and the war is virtually over?