OBAMA-BUSH WE ARE 50 TRILLION DOLLARS IN DEBT

The American people need to be told the truth that we are "50 Trillion Dollars" in debt. This should be told to every American so, we can address this serious problem that is affecting our economy. The American people are only told about the Budget Deficit which is about 475 Billion Dollars but, the true nature of our countries financial problems are not explained to the American people. The true debt of or Federal Government in outstanding loans that we, have around the world from borrowing money for the War and our Annual Federal Budget. The countries that hold our outstanding loans are China, South Korea, Japan and yes Saudi Arabia the Oil Giant. This is why we don't have any influence over oil prices because, we owe these countries Trillions of Dollars. The incoming Obama Administration needs to tell the Truth to the American people and create a 20 year budget plan for this country that will make our federal government solvent. This would be the most important plan to wipe out our Federal Deficit in the last 100 years of American History. If President-Elect Obama addressed this issue and solved this problem he, would go down as one of the greatest Presidents in American History. This 50 Trillion Problem has to be addressed because it will always be, a underlying problem in the American economy. President-Elect Obama can dismiss this problem and create programs that will create government jobs but, the foundation of our economy will still be on "Life Support". Finally, if you address this 50 Trillion Dollars Debt issue this will help our economy come back to full strength because, the markets will finally no that the government is solving there own financial problems. Therefore, when you rebuild a house you need a strong foundation and when you finish the rest of the house it will stand on it's own. Our economy needs to 20 year plan to build that foundation and we, need President-Elect Obama present his plan to America as soon a he, is sworn into Office.