$10.5 Trillion Committed to Financial Industry, $2.6 Trillion Spent So Far

(Crossposted from The Free Speech Zone)

Check this shit out.

That’s where your tax money went and a nice estimate of how much the government is willing to fork over of it if it needs to (a.k.a. when it’s told to).

No! Don’t riot America(LMFAO!), it’s ok, there’s a “Recovery Act” under way to help all you “Hardworking Americans”

Check out this “absolute disgusting display of socialism on steroids”….

Married couple with 2 children.

Income: $120,000

Tax Cut Under Recovery Act: $800

($800 from Making Work Pay Credit)

Married couple eligible for first time Homebuyer’s Credit with 2 children

Income: $60,000

Tax Cut Under Recovery Act: $8,800

($800 from Making Work Pay Credit and $8,000 from Homebuyer’s Credit)

Married couple with 3 children, all eligible for the Child Tax Credit and EITC.

Income: $30,000

Tax Cut Under Recovery Act: $2,172

($800 from Making Work Pay Credit, $1,025 from EITC increase, and $347 from Child Tax Credit increase)

Married Couple with a Child who is a Full Time Student with $4,000 in Education Expenses

Income: $90,000

Tax Cut Under Recovery Act: $1,500

($800 from Making Work Pay Credit, $700 from increased American Opportunity Tax Credit)

http://www.treas.gov/press/rel…

That report is referenced from here in.

So ok.

First sample family? Not bad, whatevs, they’re doin at least ok anyways.

Now let’s cut that income in half, keep the same family, and show the $8000 dollars they’d be eligible for from the government if they would ever get approved for a home-loan in the first place so let’s just act as if that’s not even there.  Oh, and don’t forget the $800 tax cut that covers maybe a month of gas, some bills, and…well that’s it.  Thanks Uncle Sam!

Then they keep the couple, add an extra kid and cut the income in half again!  Now you got a couple, 3 kids, at $30K.  Oh boy oh boy! a one time yearly gift of $2200!  What a great lift out of poverty for them!

The last family is a couple with one kid who’s a full-time student with $4k in college expenses (on what planet does a full-time student at a 4 year school only have $4k in expense?!) an their income is $90k. Oh boy, $1500.  The kid will get a laptop.

Ok, so what about these “plans” they have to get the people back on their feet?

I did the math for you and when you add up the “stroke job” assessment in terms of numbers that the Treasury is boasting will go to “hardworking americans” (a.k.a. “the suckers that trusted us with their money”) you have only $220 Billion going to the people for the year.

The wealthy few in the Financial Industry who fucked the economy get $2.6 Trillion, the entire country that makes under $250K get about $220 Billion.

What’s that? You mean to tell me more assistance is on the way?!

TELL ME MORE!

Oh boy, just pooped myself.

Oh yeah, they voted on that, how did that go again?

U.S. Senate Roll Call Votes 111th Congress – 1st Session as compiled through Senate LIS by the Senate Bill Clerk under the direction of the Secretary of the Senate

Vote Summary

Question: On the Amendment (Durbin Amdt. No. 1014 )

Vote Number: 174

Vote Date: April 30, 2009, 02:47 PM

Required For Majority: 3/5

Vote Result: Amendment Rejected

Amendment Number: S.Amdt. 1014 to S. 896 (Helping Families Save Their Homes Act of 2009)

Statement of Purpose: To prevent mortgage foreclosures and preserve home values.

Vote Counts:

YEAs 45

NAYs 51

Not Voting 3

http://www.senate.gov/legislat…

Well fuck that noise I guess.

The rest of the document is there for your reading pleasure but I warn you that if I were Obama I would of released the torture photos with no problem while debating to release reports from the Treasury.

Then again, Americans like the kind of outrage they can fake for a week and move on to the next topic.  (See Daily Kos and all other blogs).

Now I already know there’s going to be those that go “Obama is doing the best he can, those tax breaks look good you ungrateful dick, help is on the way and just for that i’m going to give money to Terry McCaulffe’s run for Governor! [Rating, pootie, ball massages all around]

And I would just like to say you’re wrong.  

Sorry, there’s no debate here.  The facts are the Banks got their cash in fucking no time and our check is in the mail when the two houses decide the best way to dish it out:

“These things are complicated.  Congress and the Senate need to look at these bills and see what’s best for the taxpayer as well as the lenders.”– Senator/Congressperson [Insert Name Here]

Yeah, keyword being lenders.  They need to look at it, ask their parents/corporate owners if it’s ok to approve it and then find someway to spin the “no” vote or hack the shit out of it for a “yes” and praise it as they helped the people.  Yay!

So if you still feel I’m being impatient or ungrateful for what little the government gave us, may I present to you my argument equivalent of the Atomic Bomb on this issue.

The people we know who actually caused this mess walked away with more money in 7 months then the entire nation will even get in 3 years at the rate the government has indicated and they’re all laughing their asses off somewhere in lavish Estates like these: