On the recordApril 25, 2006
one of the points, just to add to what you are saying to show the real gravity of this situation, is this: Just the interest, just the interest alone that we are paying back on this, is the fastest growing part of our budget. Just the interest. Combined, that interest amounts to more than all of what we are spending for veterans, for education and for our own homeland security. The interest just is overwhelming. Now, I want to make a point, because you brought it home, and as you were explaining that, the gentleman from Tennessee, I was reminded of a little history lesson here. If you would look back through history at all of the great civilizations, great nations, from the Roman Empire to the British Empire to the Ottoman Empire, they all collapsed from three important things: Global overreach, diminishing resources at home and an overwhelming, irresponsible debt in the hands of foreigners. We are on the verge of handing our country over to foreigners, in our fiscal area, in our petroleum area and because of a lack of security on our borders. I tell you, Mr. Ross, the American people are dialed in on this. They are concerned about this and they want some leadership. They want vision. They want our borders secure. They want America to be America. Why can't we be independent in our resources, if we can make fuel to run our automobiles from corn? We know we can. Do you know why?…
Source
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