As a society, we have an absolutely voracious appetite for just about anything that is not good for us.  No matter how much we have already consumed, we feel compelled to consume even more.  But of course our level of production is not keeping up with our level of consumption.  So in order to maintain our ridiculously inflated standard of living we must endlessly go even deeper into debt, and all of the debt that we have accumulated is literally destroying the bright future that our children and our grandchildren were supposed to have.

As a nation, we should be mourning for what we have lost.

Earlier today, I was greatly distressed to learn that U.S. Steel is being sold to the Japanese…

US Steel has agreed to be bought by Nippon Steel, Japan's largest steelmaker, in a $14.1 billion deal.

The deal marks the latest step in a gradual decline for the iconic 122-year old company, which was once the largest company on the planet. It was one of the first major conglomerates and a symbol of American industrial might.

But it is no longer even the largest US steelmaker, having been surpassed by Nucor Steel years ago.

U.S. Steel was one of the last remaining symbols of American industrial might.

It was literally founded by J.P. Morgan and Andrew Carnegie, and without U.S. Steel the football team in Pittsburgh never would have been named "the Steelers".

Thankfully, some lawmakers are pledging to oppose this deal.  U.S. Senator JD Vance is one of them…

Some lawmakers from rust belt states joined the union in voicing opposition to a foreign buyer Monday.

"Today, a critical piece of America's defense industrial base was auctioned off to foreigners for cash," said Ohio's Republican Senator JD Vance, in a statement. "I warned of this outcome months ago and will oppose it in the months ahead."