Welfare programs cost more than they help

Where does all the TARP (Troubled Asset Relief Program) money go? Gov. Ed Rendell of Pennsylvania said on the Sean Hannity show that he was elated with the $2 billion Pennsylvania received as it helped save 5,000 jobs for the teachers, firemen and policemen.

Wow. That amounts to $400,000 per job. If every one of the jobs saved were $100,000 jobs, what of the other $300,000? Someone is getting rich off the taxpayers, who include you and me. That makes me angry. The Government Accounting Office is correct when it said in a 1994 study that only 30 cents of every dollar ever gets to the people who need it in government welfare programs.

Contrast that with a tax cut. All of a tax cut stays with the person who needs it. How can government administrations make more welfare programs when you look at that fact?

On the Sept. 4 Neil Cavuto program, it was reported that only about 10 percent of the TARP money has been distributed. Since the vice president has declared the recession over, why not put the rest of the money back in the treasury and reduce the national debt?

President Barack Obama has made indentured servants of our children and grandchildren for decades to come as he increased the existing national debt by 400 percent in less than six months of his administration. In the 1700s, an indentured servant was considered a slave. Wouldn't it be tragic if our first president of color would enslave us all?

Glenn Drahn

Belle Plaine