Sunday, June 29, 2008
America must institute sound monetary policy and stop wasting money war mongering to solve this, but they won’t..
With reports of gas prices climbing towards $7 a gallon and a continuing foreclosure crisis, Congress is doing what polls show most Americans expect it to. Not a whole lot. So what has Congress been up to recently? Bill sent to President Bush for approval include $162 billion for next year’s war funding, $63 billion for the GI bill and $12.5 billion in renewed unemployment insurance for people whose 26-week benefits have run out, the Associated Press reported. Mexico welcomed a recent measure approved by Congress that sends the country $400 million to deal with a campaign against drug trafficking, Agence France Presse reported. President Bush expressed disappointment that the amount was $50 million less than he had requested. Meanwhile, 8000 homes fall to foreclosure each day!