Obama's stimulus package may be over $1 trillion dollars

When Countrywide collapsed and was bought out by Bank of America it had over $1.5 trillion dollars in home loans, with the majority non-performing. This was one private company. The true problems facing the United States are deep and insidious, which far exceed the band aid that $1 trillion, $2 trillion, or $10 trillion dollars can fix. The mistake has been made from the onset that trickle down economics work.

Individual citizens must be relieved of their burdens first, before any corporate bail out or investment should be made. Billions of dollars was poured into AIG to save 100,000 jobs when 500,000 jobs are being lost monthly. A federal tax moratorium needs to be put in place to allow the citizens of the United States to have a chance to regroup. A foreclosure moratorium needs to follow to force the banks to help the purchases protect themselves against unscrupulous lending practices. Unless these fundamental measures are taken, no matter how much money is pumped into the market economy it will be stymied by the fact that everyday people will not gain access to any of the services.