Monday, July 10, 2006

 

Ben Stein: Your Golden Years Don't Have to Be Tarnished

I have a lot to say, and it's all important (but not all-important), so pay attention.

This country is in terrible trouble. First of all, we are major debtors to the rest of the world. We borrow a billion dollars a day just to buy oil. We have a net debt to the rest of the world of about $3 trillion dollars, which is very roughly the value of all the assets in a large, powerful state like Ohio. We'd have real trouble financing our lavish standard of living if we didn't have the rest of the world to lend us money...

Yahoo Finance: Your Golden Years Don't Have to Be Tarnished

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