Our nation is becoming Detroit
As I read about Detroit and its sad state of affairs, it brings to mind the state of our nation, the United States of America.
Detroit, with Obama's auto bailout, was saved, as was the automobile industry. Obama said so. Now, 70 percent of General Motors cars are produced in foreign countries. Detroit is bankrupt, but GM and the unions are doing well. Am I hallucinating or is this for real?
Former senator Fred Thompson touts several times each day on TV that you can get reverse financing from a company that was bailed out a few years ago with taxpayer money. Seems everything is some sort of scam, even government, which continues to grow.
America borrows $1.7 billion dollars each day to feed this foolish fantasy that all is well in la-la land. The House of Representatives, so charged by the Constitution, is the only branch of government authorized to originate spending. Have they failed in their sworn duty, or are you proud of the many great accomplishments by this body of self-centered, ego-driven vote-buyers?
As you may tell, I am fed up with those who have sworn an oath, ignored said oath, and as they feed at the public trough with their blind mindless followers continue the path of Detroit.
How long will it take to pay $16 trillion dollars back to the banks? Never. It can't be done with our current system and with those in charge.
We are in a deep hole and yet we keep on digging.
Keith Crosby Newnan