Americans are the richest people in the world, yet they are in a debt crisis. What went wrong?

• They blew trillions of dollars on two protracted pointless wars. They have nothing to show for all that expenditure but blown-out schools, hospitals and homes, hardly the way to win hearts and minds.
• They let the banks run amok. Then, when the failed, they bailed them out, without even slapping any wrists. The executives ran off with multi-million dollars bonuses and no regulation to stop them from doing it all over again.
• They let the rich exploit loopholes, subsidies and tax breaks so that they paid far less than their fair share, while they slurped up far more than their fair share of government benefits.
• John Roberts, head of the supreme court, handed control of the government from the people to the corporations with his ruling that corporations, foreign countries and rich people could anonymously donate as much as they wanted to political campaigns. The corporations want the government to fail, the people to become serfs and the corporation to take on the role of medieval nobility.

~ Roedy (born: 1948-02-04 age: 64)