No ‘new money’ doesn’t mean it’s not wasteful

Recently, our government announced plans to build a new $1 billion embassy in London.

Secretary of State Hillary Clinton, in congressional testimony shown on YouTube, was asked to explain to out-of-work citizens the justification for spending so much borrowed money on this new embassy.

Clinton, once labeled the smartest woman in the land and now fourth in line of succession to the president, was ready. She answered with blithe ignorance, “We are selling 11 sites that we currently rent at very high cost in London to consolidate in one building, and therefore the money that we gain from the sale of these buildings will be used to fund the embassy, so we're not asking for additional or new money … so I believe I can make the case that we're not asking for new money on that.”

Now we know how to thrive in a hostile economy. Follow the example of your government: Rent a house, sell it and use the proceeds to build a new one of your own. Won't need any “new money” either.

Willard Salemink

West Branch