I’m afraid for the future of the country and of society. For years, brave whistleblowers have spoken of the danger of using debt to finance government programs. With low interest rates and the underwriting of debt, government officials encouraged people from the very bottom to the very top to take reckless risks and to get into unsustainable debt.

Banks and big money wanted their loan gaurantees and bailouts and got them. The middle class wanted its social programs and got them.

An entire generation of educated adults has grown up that create little of value at home and consume from overseas.

Compouding the sins of President George W. Bush, Barack Obama’s plan has been to give bailouts to banks so they will have money to encourage an already overburdened, debt-exhausted citizenry to take out more loans to keep malls and fancy restaurants open.

Countries are less willing to loan the U.S. more money so the Treasury prints dollars at such at rate that the only thing the dollar is good for is starting fires.

A hyperinflationary explosion is going to happen. Unemployment will reach Depression levels and the cost of goods will increase to the moon.

It’s just a matter of time now for those large sums of money to circulate into the general public.

Unfairly, the young and those yet unborn are going to pay a hard price for big government mismanagement, corporate and personal greed, and an apathetic populace that could have prevented it all.

Jaric Fontaine, Auburn