OK guys, I was misinformed. I found a reason that makes sense why we suck, and it doesn't include the words "Chad Pennington".
http://msn.foxsports.com/nfl/teamSalary?statsId=20
LOL @ us having the 3rd lowest payroll in the league. And Bryan Thomas being our highest-paid player.
I guess this is what happens when you go cheap in FA by signing guys like David Bowens and Kenyon Coleman.