[Willie Green]

Lost me right there. Someone who doesn't know the difference between "populous" and "populace" doesn't get MY attention.

Besides that, it's an intentionally misleading pile of Hooey.

A growing portion of our National Debt is owed to foreign nations.
They purchase Treasury Securities using money they obtain from the record Trade Deficits that we continuously incur.
And with 18% of federal revenues going to simply service the interest on our National Debt, that means that a growing portion of our taxes is going into the coffers of foreign governments instead of our own government.

"Think what you do when you run into debt;
you give another power over your liberty."

-- Benjamin Franklin (1706 - 1790)

[mnehring]

"Debt is dangerous only when assets are declining in value and income is shrinking. During the 1980's, asset values grew far faster than debt."
--George Gilder


Have you ever dealt Three Card Monte? I bet you'd be good at it.

The fact is that we are interdependent with the world economy. Please note my comment earlier. It is a good thing that other governments use the US to hedge their own economy. This gives them a vested interest in the success of our economy.

In looking at our economy we cannot take out the world economic equation just as we cannot take out the equation of a tax burden. Unfair as they both may seem, they do exist and are a part of how the economy works.