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Published: February 1, 2008
The best bang for the buck is to "stop the bleeding, stop the war." Bring the troops home from all nations. We can no longer be the world's policeman. We have bases all over the world that we can no longer support, short of borrowing millions of dollars a day, which is destroying us financially.
The best that America can do for the entire world is to stabilize our financial institutions. The entire world's economy is tied to the American economy. America must re-build its own industries and its infrastructure, not of other nations with the American tax dollar, as well as borrowing money from other nations at huge interest. We must also work toward energy independence, which is the biggest cause of a failed economy.
The many regulations that were put in place to regulate financial institutions for the last two decades have been ignored and have created criminal lending practices. These have happened under the watch of both political parties. This illegal lending will create a huge tax bill for all Americans.
To help other nations financial economies, we must first stabilize our own economy. Unless we do these things, we can no longer be the world's largest consumer market, and will more than likely cause the financial collapse of most of the world's nations.
Bill Jewett
Sebring
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