Enough is Enough...Grandpa's message to Congress and the Administration

For the sake of the next generation, this generation needs to wake up to reality, assume responsibility for our current demise, cease bipartisan non-productive bickering, accept the fact that “fail” (no matter how big) is not a bad 4 letter “f” word and implement prudent fiscal policies (that do not include passing the ills of this generation on to our grandchildren).

DISPLAY THESE PHOTOS AROUND CONGRESS AND THE WHITE HOUSE AND THEN DECIDE IF YOU WILL STICK OUR GRANDKIDS WITH MORE DEBT.

John Thain and his $1.22 million Merrill Lynch office remodel (including a $35,000 commode). Ran Merrill Lynch into the ground and is now CEO of CIT Group for a cool $6 million. Hey John, this family would have benefited tremendously just from the cost to ship your commode.

Nancy Pelosi and her 12 person day trip to Haiti to display "support".

 Dear Nancy, how about a phone call and save our grandchildren

thousands of dollars!

What did you and the dirty dozen really accomplish?

CEO's of Fannie Mae and Freddie Mac and their $6 million 2 year compensation packages. $121 billion cost to taxpayers since the September 2008 government take over of these two enties. The kids feel a lot more secure with the knowledge that we have a pay czar

looking out for their best intrerest.

To Wall Street and Banks; record bonuses, financially

engineered products, algorithmic trading programs, credit default swaps,

creative credit card fee structure and for doing God's work.

I dare Ken Lewis, Jamie Dimon, Lloyd Blankfein, Angelo Mozilo,

John Mack, Vikram Pandit, Hank Paulson, Tim Geithner and

Ben Bernanke to ask  Main Street if the bailout was really about them...

Tim Geithner recused himself on AIG bailout specifics after

being nominated for Treasury Secretary. Right Timmy, explain that to

the kids and look into their eyes while you explain how a

$70 billion "investment" in AIG was to their benefit!

In a letter to the Federal Reserve and Treasury Department a bipartisan group, led by Paul Kanjorski, a Pennsylvania Democrat, and Ken Calvert, a California Republican, urged the agencies to publicly encourage lenders to make credit available for property owners who want to refinance mortgages on performing assets whose values have declined. NO MORE BAILOUTS PAUL AND KEN…when the value of a stock drops, will you send a letter to the NYSE on behalf of your constituents?

Ben Bernanke (5/17/07): “The sub prime mess is grave but largely contained. Given the fundamental factors in place that should support the demand for housing, we believe the effect of the troubles in the sub prime sector on the broader housing market

 will likely be limited”.

And the congressional lemmings afford Ben another 4 years.

Ed Whitacre, Chairman of GM (Government Motors) will receive an annual compensation package of $9 million. His base cash salary is $1.7 million. Yes America, yet another rags riches to richer story. GM receives $60 billion in loans courtesy of the taxpayer, enters bankruptcy in June 2009 and the government (a.k.a taxpayer) owns 62% of the company. 

Chris Dodd and Richard Shelby still throwing sand at each other regarding financial reform. The U.S. Government handed over $85 billion to AIG in

September 2008 and financial reform has yet to be drafted.

To the irresponsible homeowner who believed one’s home was equivalent to an ATM and removed thousands of dollars in equity to feed their need for consumption (a.k.a autos, vacations, boat, motorcycle etc). Now, the loan balance exceeds the home value and grandchildren are supposed to make up the difference! This is insanity!!

This message is to all current and past members of congress and White House administrations for your completely inept fiscal responsibility. The staggering debt levels placed on our children and grandchildren is criminal. The leadership of this country has been and continues to be 100% self centered. IT IS NOT ABOUT YOU! You have a moral obligation to include representation of those that are literally developing a voice. PLACE THIS PHOTO ON THE NEXT BUDGET BILL.