- The Washington Times - Sunday, August 23, 2009

ANALYSIS/OPINION:

I have always thought many Third World countries remain in poverty because their leaders do not really care for their people. Mismanagement and hoarding of aid money become part of the leaders’ pursuit of personal wealth and power.

At the same time, I am proud of our democracy and free-enterprise system, which have made us the most prosperous and generous country the world has ever known. Now, however, it seems that our mismanagement of funds and natural resources is a reminder of how and why Third World countries do not thrive.

Your recent editorial “Running on empty” (Opinion, Aug. 9) — regarding the sending of loans to Brazil so it can develop its oil resources instead of investing those funds in our own oil resources — typifies the wrongheaded, politically motivated actions by members of our legislative and executive branches of government. Our elected representatives have sold their souls to their factions and financial contributors.

If standard accounting principles were applied to our government’s financial situation, we would be declared bankrupt. Just as in the Third World countries, corruption results from our political funding process and our elected representatives’ lust for power.

Is sensible, levelheaded government ever going to return to Washington?

CHRISTOPHER S. MOODY

Gaithersburg

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