"Eyah... What's up Doc? ...yer gonna borrow enough to get the country our of debt?" Sounds like a line from Bugs Bunny on Looney Tunes... it's like Elmer Fudd digging himself out of a hole... too bad Mr. Potato head wasn't with © Warner Bros... he could be Obama's fitting caricature going into the election.
But then I thought more about it and found it wasn't that funny.
Conning a nation to go into insane debt... while planning never to repay it...
don't they have guys like that in prison? Government Ponzi schemes and fraud seem to be the norm rather than the exception... when I consider who is running our nations... I PRAY... AND HARD!!!
How many is 15 Trillion?
Or what about 114.5 Trillion Dollars in US unfunded liabilities?
What happens when you borrow money from the Mob... and then you decide you don't want to pay... or can't pay? Either you get busted-up or you take-out the "Boss" ...does anyone know who the "BOSS" is anyway?? In this case I don't think we are talking about Bruce Springsteen !:]
So, what do you want for "Christmas?"
"114.5 TRILLION DOLLARS
$114,500,000,000,000. - US unfunded liabilities
To the right you can see the pillar of cold hard $100 bills that dwarfs the
WTC & Empire State Building - both at one point world's tallest buildings.
If you look carefully you can see the Statue of Liberty.
The 114.5 Trillion dollar super-skyscraper is the amount of money the U.S. Government knows it does not have to fully fund the Medicare, Medicare Prescription Drug Program, Social Security, Military and civil servant pensions. It is the money USA knows it will not have to pay all its bills. If you live in USA this is also your personal credit card bill; you are responsible along with everyone else to pay this back. The citizens of USA created the U.S. Government to serve them, this is what the U.S. Government has done while serving The People.
The unfunded liability is calculated on current tax and funding inputs, and future demographic shifts in US Population... Everyone needs to see this.
Source: Federal Reserve &
www.USdebtclock.org - visit it to see the debt in real time and get a better grasp of this amazing number."
http://usdebt.kleptocracy.us/What if one day you were told your parents were kleptomaniacs? What if you found out that they had borrowed 114.5 Trillion dollars and were leaving you and your kids with the bill? What if you found out your Uncle Sam was the Prince of Thieves?
"KLEPTOCRACY" "rule by thieves" as the dictionary puts it.
It is sad to say the entire western nations are living the "American Dream" and are finding out that it is truly a night-mare! Things like 114.5 Trillion dollars is pretty hard to sweep under the carpet... but it is amazing how our politicians seem to find a way every year right in front of us. Well... awake or asleep... it's time.