CNN iReport

Here are a few examples of what the bailout money is going toward (CNN Money):

"The U.S. Army Corps of Engineers has spent $51,500 of stimulus money on nine mascot costumes and robots, including Bobber the Water Safety Dog, Coastie the Water Safety Education Seaboat and Seamoor the Sea Serpent Robot.

They'll be used in parks in Kentucky, Ohio, Indiana and Utah to teach children about safe boating and swimming.

"The National Park Service purchased an electric golf cart for $8,223 to distribute oyster shells at the DeSoto National Memorial in Bradenton, Fla. The memorial commemorates the Spanish exploration of Florida. There are several walking trails around the site, and one happened to be made from crushed oyster shells.

"The General Service Administration's Public Buildings Service bought a reach-in freezer for the cafeteria at the Robert J. Dole Courthouse in Kansas City, Kan., for $2,655.

"The Department of Energy is spending $3.3 million of stimulus funds on lawyers to support the $25 billion Advanced Technology Vehicle Manufacturers Loan Program."

Columnist John Nolte, combed through the expenditures and found this:

"The NEA was given $80 million of the government's $787 billion economic stimulus bill to spread around to needy artists nationwide … including a $50,000 infusion for the Frameline film house, which recently screened Thundercrack, “the world's only underground kinky art porno horror film, complete with four men, three women and a gorilla.” …

The weekly production of “Perverts Put Out” at San Francisco’s CounterPULSE, whose “long-running pansexual performance series” invites guests to “join your fellow pervs for some explicit, twisted fun.” …

An additional boost from a $25,000 stimulus grant [will go to] “The Symmetry Project,” … The show depicts “the sharing of a central axis, [as] spine, mouth, genitals, face, and anus reveal their interconnectedness and centrality in embodied experience ”In the flesh — and there's a lot of it — it amounts to two people writhing naked on the floor, a government-funded tango in the altogether."

Is this what you go to work every day for, worrying about your job and feeding your family? To fund the above? This is the biggest rape of the American people in my life time. I've been a full time activist for twenty years; the grand larceny of we the people is breath taking.

No "new" jobs have been created since the lies and greed were exposed a little over a year ago when creative banking shell games finally burst at the seams. Remember the usurper's campaign promises?

As I wrote nine months ago in one of my columns:

"Oh, I know. Comrade Obama is going to create two million new jobs. Dec. 6, 2008: "President-elect Barack Obama said Saturday he has asked his economic team for a recovery plan that saves or creates more than 2 million jobs, makes public buildings more energy-efficient and invests in roads and schools."

"Wait! It's three million new jobs with 600,000 of them paper pushers for the government. Jan. 3, 2009: "The president-elect says he wants to "create three million new jobs" -- this is a change from a few weeks ago, when he said he wanted the plan to create OR SAVE two million jobs."

"Wait! It's 3.5 million new jobs. Jan. 10, 2009: "Facing growing criticism of his economic recovery plan, President-elect Barack Obama made public Saturday a detailed analysis by his economic advisers that estimates the $775 billion plan of tax cuts and new spending would create 3.5 million jobs over the next two years."

"Wait! It's 4.1 million new jobs. January 10, 2009: "President-elect Barack Obama countered critics with an analysis Saturday by his economic team showing that a program of tax cuts and spending like he's proposed would create up to 4.1 million jobs, far more than the 3 million he has insisted are needed to lift the country from recession."

Almost three million jobs have been lost since the usurper took office and the same Congress went back into session.

Here's the reality of the unstoppable freight train:

The "broader" unemployment figures nationwide is 16.8%. The reality is you have unemployment rates in cities much higher than being reported; many double digits.

Congress has refused to implement solutions, i.e., stopping the scam called withholding tax, which would immediately inject the economy with millions of spending dollars.  As long as people continue to hoard what money they have left after losing half their income to taxes, the worse it will get for the economy.

Can you blame people who are shell shocked by what's going on? They've seen their 401(k)s bleed with more coming. Now they're in panic mode as they watch the insanity continue in Washington with these massive, unconstitutional bills, i.e., "cap and trade" to support the massive hoax called global warming.

In a land so rich in natural and human resources, food stamp assistance has now soared to 35 million recipients. The states of the Union cannot keep up with unemployment claims or the massive cost of social welfare programs like food stamps.

It will get worse. All of this spending is going to shock Americans come April 15, 2010 because this pillaging of the fruits of our labor has to be paid for and that means more of your paycheck.

The U.S. Treasury, the people's purse, is now over drawn just under $12 TRILLION dollars with $99 TRILLION dollars in unfunded mandates.

Every check being written by Congress is hot. No funds in the bank. This Ponzi scheme is killing America. It is turning your dreams to ashes while enriching foreign countries.

$800 MILLION dollars a week is paid to the communist Chinese just for the interest alone on our debt! These thieves in Congress must continue to borrow BILLIONS every day from someone (communist Chinese, Japanese or Saudi's) to buy more of our debt created to fund all these unconstitutional cabinets and phony "stimulus" bills.

It's being paid for from the dozens of federal taxes we pay everyday, including what's filched out of your paycheck and more on April 15th.

The sweat of your labor is being stolen to fund more borrowing to pay for the money being borrowed with the principle never being paid down.

Is that sinking in yet? What happens when the commies decide they don't want any more worthless confetti (Federal Reserve Notes) and decide to call our loans in hard real estate assets instead? Think it can't happen? Ask the victims of Ponzi scheme king, Bernie Madoff.

Eighty-seven banks have closed this year (as I write this article). Every Friday night you can go to www.fdic.gov and see the latest list.

Each time one of these banks is taken over, the FDIC must find another bank with enough assets to absorb the zombie banks' bad paper.

What happens when you run out of banks to absorb the bad paper of all these banks being seized? The FDIC is broke. Next will be yet another bail out.

As reported by the WSJ, Sept. 1, 2009:

"Through more than 50 deals known as “loss shares,” the FDIC has agreed to absorb losses on the detritus of the financial crisis -- from loans on two log cabins in the woods of northwestern Illinois to hundreds of millions of dollars in busted condominium loans in Florida.

The agency's total exposure is about six times the amount remaining in its fund that guarantees consumers' deposits, exposing taxpayers to a big, new risk."

Where will that "money" come from? You, me, our children and grandchildren in higher taxes. The number of bleeding banks isn't about to slow down. Predictions are that another 1,000 will close in the next two years.