Kiss it goodbye

This is a letter of facts, reality, and not given to emotionalism. Point is, where is hope, salvation for all of us? For example: The U.S. debt is trillions of dollars.

We continue to borrow billions of dollars from other nations, including China and the oil-rich countries of the Middle East.

Our government’s financial stimulus plan is a stop-gap aid with no assurances that it will not continue.

In a recent news report, it was said that our government will be auctioning 30-year bonds 12 times a year. Only recently, it was increased from four to eight times a year.

Media reports state that our overseas wards are costing about $7 billion a month, not including the loss of American lives and the underfunding of the Veterans Administration, which cares for our disabled veterans.

To add to the dilemma, some politicians talk of reducing federal taxes when there is a huge lack of federal tax income now because of lost jobs, homes, banks and industry. A ridiculous idea.

Additionally, historically, the French did not win the war in Vietnam nor did we win there or in Korea. Truces were signed. Both wars ended with great loss of lives and money.

Now we are repeating history to a degree with a no-win war in Iraq and the additional extension of our fighting forces in Afghanistan halfway around the world. Russia could not win a war with Afghanistan. What are our chances of winning? Slim to none?

So what is the point of this communication? Awareness! There is virtually little that we, the people, can do to save our nation financially. No long-term realistic financial resolutions have been forthcoming from our government. The stimulus plan is a good financial Band-Aid, for now.

Forget about debt repayment. Debt interest repayment is a concern for us. Our children, their children, etc., will carry this load.

All this gloom recalls the worrisome days of the cold war when atomic bombing of our country was a possibility. The recommendation then was to get under a small table, roll up in a ball and kiss your fanny goodbye. And so it is.

Byrd Rawlings

Waynesboro