Thursday, November 13, 2008

America Owes Who?

Reading the Sunday paper I ran across an interesting article "Who America Owes". This list bothered me for two reasons. First, our leaders, not just one president either, have ran our nation into the ground. We are supposedly the world's leader- a superpower. Yet, our government overspends and doesn't care what tragedies that cause. Don't say it can't be done without debt! The Mayor of Mississigua, Canada runs her city without debt- so can we. It's a matter of self-control and accountable congressmen. Secondly, this article bothers me because some of the nations that own U.S. debt don't like us and we are positioning ourselves to be ripe for destruction. Here's the list on the countries that own the most U.S. debt:
Japan $585.9 billion
China $541 billion
United Kingdom $307.4 billion
OPEC nations* $179.8 billion
Caribbean banking centers $147.7 billion

*OPEC include: Algeria, Angola, Ecuador, Indonesia, Iran, Iraq, Kuwait, libya, Nigeria, Qatar, Saudi Arabia, UAE, Venezuela.

Contact your congressman and tell him or her that you want to drill for oil here and start developing wind, solar, nuclear power.

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