The biggest problem is that this cash would only feed the government beast for around six months.
We just gave Obama $2.4 trillion in fake money just last week. That will pay for the deficit until a little past November of next year.
The reports all claim this is sooo much money, but the government pisses away a trillion dollars a quarter with no benefit to society to show for it.
I read just yesterday that the Government blew a quarter-trillion in just one day, once the debt ceiling was raised. The Congress raised it $900 billion, and Geithner went through a quarter of it in a single day.