Holding the bag

of governmental debt
The government is not really paying down the national debt. In the next 10 years, it will replace $3.3 trillion of publicly-held debt with government-held debt. The government has no plans for repayment. This policy is freeing trillions of dollars to chase equity investments and has helped to create trillions of dollars of profits for stockholders. It is the younger generation that will be left holding the bag for this debt.
The government is borrowing trillions of dollars from the Social Security trust fund. A repayment plan should be in effect before this money is loaned to the government. It is likely that this money has been stolen. In any case, if it doesn’t get repaid, then it has already been stolen. It is the younger generation that will be left holding the bag for this debt.
Fraudulent government accounting is creating structural deficits which can be expected to average $400 billion to $500 billion annually in the period 2015-2035. It is the younger generation that will be left holding the bag.
We are receiving bad government. The media are doing an F-minus kind of job and are not properly informing the American people about what is really happening. The politicians tell their lies, the media repeat the lies and the younger generation will be left holding the bag. What a sordid mess.
This is an excellent opportunity for some outstanding journalism on an important national issue.

Steven Gerdsmeier

Yorba Linda, Calif.
 

Nader helps Bush in polls
I hope that George W. Bush writes Ralph Nader a long and sincere thank you card. Polls show Bush and Gore nearly tied, and it is no secret that Republicans aren’t transferring their votes to Nader, who has about 5 percent. Four years ago, when Clinton was ahead of Dole by a considerable amount, I supported Nader. He appeals to people with strong social consciences, which is undoubtedly why he has gained so much support in Eugene. However, this time around, things are different. An election is in the balance.
Our next president will select new Supreme Court justices, the people who will be making decisions in our country for years. By voting for Al Gore, you will support an ethical man with strong environmental policies and continue the prosperity of the Clinton years, without the scandal. Your vote elsewhere could allow George Dubya to give the rich generous tax cuts, destroy public education, demean hard-working teachers with school vouchers and drill for oil in one of the most pristine places on earth, the Alaskan Wilderness Refuge.
Ralph Nader is a great person, who has aided Americans and consumers for years, but he will not be our next president. The bottom line is this: A vote for Nader is a vote for Bush.

Olivia Roundy

senior

French