Second Rate

The United States owes Japan, China, and the oil exporting countries, well over a trillion dollars. At the current rate of deficit spending, in no time at all, we will no longer be the wealthiest country in the world. History has demonstrated that the most powerful countries were, without exception, the richest. A few examples of the rich and powerful were Egypt, Greece, Rome, Great Britain and of course the United States.
However, if our government continues spending billions and trillions bailing out companies that made bad decisions based on greed and/or stupidity, along with people who bought houses they couldn't afford, we will sooner or later, bankrupt the country and as a result, the United Stated will undoubtedly become a second rate nation.