How Much Debt Are We In?
America…each one of you now owes over (as of this minute) $191,000 to our government so they can pay off the National Debt. They must collect that money from all of us one way or another. The way they are planning on doing it is by Taxing us to death. All the taxes we now pay up to the next $191,000 is all going to the National debt and not to help run our government or our government programs…..
WAKE UP AMERICA…..STOP THIS MADNESS…WE HAVE BEEN WARNED..by the greatest minds in our country….!!!
See how much debt we are in live time at http://usdebtclock.org/ .
August 27th, 2009 at 11:37 am
The national will and can never be repaid. The government has three choices:
1. default on the debt
2. keep taxing/borrowing until the economic system collapses
3. print money to pay the debt
What will happen is choice 3. And this will result in very high inflation, coupled with a devaluation of the dollar. The only way to secure your wealth is with tangible items: gold, oil, silver etc.
August 27th, 2009 at 1:20 pm
Oops. I meant “national debt” above.
August 27th, 2009 at 3:04 pm
I am may be talking to myself here, but looking at the real time debt clock is scary. It is like watching the life blood of our nation pour down the drain.