In response to J. Albert Rowe's "Psst, Someone is lying, America:" That someone is you, Mr. Rowe.

While I'm sure that President Obama would read your letter with relish, and I'm sure you believe it, it is a fabrication and an obfuscation of the facts.

While your description of a debt to asset ratio is correct on its mathematical surface, it belies the fact that the government does not now own all the assets in America. You see, Mr. Rowe, for the time being, and it may be a short time indeed, our socialist/Marxist president has not got the power to take everything into state ownership. Now don't get me wrong, I'm sure he would like to, and intends to if he can, but right now I and the bank own my house, not Barry the Great, May his name live forever (in the annals of worst American Presidents!). So your simple asset/debt ratio is wrong. It works in micro and macro economics but not government debt calculations.

Now I'm sure you think that all we have to do is just tax those rich people (anyone earning $250,000 or more) and we are home free. Well, there is a problem there. You see, those rich people are the only ones creating jobs, building new factories, starting businesses. I know as a dedicated liberal you firmly believe that they are stuffing their mattresses with cash and have gold bars under their floorboards, but actually, they don't. They have stock portfolios that support multiple investments in business, they spend money that employs other people and keeps the engine of democracy going. As a liberal, I know you don't believe in capitalism; it's too "win or lose." You like "everyone wins" economies, where only the government actually wins. I believe that the USSR is the most recent example of that failure.

As far as spending money on the military, I have no problems with that. The military is in fact the only money the federal government spends that has not been a waste. There is not one other program that the federal government does that could not and should not be done by the private sector, cheaper and better.

But in fact the only people lying to America are liberal radio, television, news print, books and especially politicians, oh, and liberal letter writers to newspapers.

KENT SETTY

Coeur d'Alene