Monday, February 23, 2009

This blog is by Paul

You know that bill that was passed yesterday. That bill really sucks for Californians because it raised taxes on everything like income, sales, and property tax. As if we didn’t have enough tax to worry about in California, and I think that Obama shouldn’t have led to this conclusion so fast. We should give the money to the small banks because they know the locals and they know the geography of where they are. Unlike Bank of America, the small banks care more about the customer. I mean I don’t understand why they haven’t even mentioned the idea of even being done.

I’ll lose my mind if this stimulus package doesn’t work. We only spent billions and billions of dollars on trying to bring our economy up. The only things that the government focuses on are the big companies and think that small companies can’t do anything to bring up our economy. The government doesn’t even consider the small companies to being able to do anything.

People want tax breaks, but that isn’t going to do anything what we need is more stimulus checks. So we can buy more stuff and bring the economy up.

I hope our economy will reach the ground and start bouncing back up, because so far 3 stores that I know of have closed down. Mervyns, Circuit City and KB Toys have gone bankrupt. Chevy and GM are almost closed down. California is losing a ton of money. I’m pretty sure this recession will only last at the max 10 years.

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