Government Debt and You

XtremePacifist Says:

Feb 28, 2012 - The money does not exist, but it is distributed throughout the nation and globally by a handful of bankers and other money men, through loans to each other. This is called Fractional reserve Banking. The Federal Reserve charges a fee for this service, so the US taxpayer and citizen pays even more to keep the USA Babylon Empire alive and expanding, as the citizen goes deeper in debt, a debt that can never be fully paid.

XtremePacifist Says:

Feb 28, 2012 - The USA Inc, or the USA Babylon Empire, functions,  operates, and stays alive solely on one business method; it sells US Treasury Bonds, Notes, and Bills to foreign nations and banks, then it subcontracts the private banking cartel known as the Federal Reserve, to create US Dollars by entering numbers into a database, keystrokes on a computer screen.

Charlie12241 Says:

Feb 28, 2012 - Why is the government spending more money than it has?

Apollyon2119 Says:

Mar 3, 2012 - This is the best explanation out there that I've seen. I try to show and kinda "get the word out" (if you will) but trying to explain is harder for me. This simplifies everything and hits everything on the spot!

gordy1957 Says:

Mar 28, 2012 - SUCH BULL SHIT. HOW MUCH OFF BUDGET MONEY DOES UNCLE SAM BRING IN EVERY YEAR. JUST LOOK AT THEIR COMBINE ANNUAL FINANCIAL REPORT OR CAFR AND YOU WILL SEE THIS IS SUCH B.S.

Zorn27 Says:

Mar 30, 2012 - So... invest in shiny metals :D

metsfanshea07 Says:

Apr 2, 2012 - There will always be buyers ready for U.S. bonds. The country will not default on its debt. As the economy improves, the deficit has started to decline and eventually we'll be back to normal.

yomamasapeach Says:

Apr 3, 2012 - dude, the government needs to cut spending, increase spending in order for its debt burden to be released. Places like China have bought trillions in U.S debt, and job growth is similar to that of the great depression. In order for the U.S to fully recover, a push on the rich and the loss of middle class america should be something that is on politicians minds. I don't mean to anger you but I'm saying this isn't a walk in the park.

anujbeatles Says:

Apr 11, 2012 - thats the price we're paying for development?

metsfanshea07 Says:

Apr 13, 2012 - It's not as awful of a situation as you might think. If politicians just realized that we could afford to cut our military budget, which is larger than the next ten highest military spenders combined and is projected to increase over the next several years, or raise taxes on people and corporations who can afford it, we could really cut the deficit. It's upsetting that house conservatives want to balance the budget on the backs of the poor and the middle class when they did nothing wrong.

yomamasapeach Says:

Apr 14, 2012 - Yes, right now the current debt is at 15 trillion. Some nations bought a piece of the debt. The amount the government makes is roughly 2 trillion. The amount it spends is 3 trillion. The current defense spending is 500 billion. So this is one way of reducing the budget. But there is a new problem going to hit, the baby boomer generation is going to start cashing in on social security as they hit the age and with no money there is going to be some problem. I believe the rich should pay more.

deroatizer Says:

Apr 14, 2012 - people! really! why is our goverment spending like the world is gonna end? maybe cuz it is.why do you think they dont care. what would you do? if you know u were gonna die and you have lots of money, what would you do? you would burn it all. spend it have fun. borrow to spend more. right? thats what i would do if i knew i was gonna die. our goverment is exploding us to save their asses. they will live, u will die. they dont even thank you

Charlie12241 Says:

Apr 14, 2012 - Why does the US government keep spending more money than it has?

yumenokoyume Says:

Apr 16, 2012 - There is a solution. The most effective solution of all. STOP THE GREEDINESS!

josephocracy Says:

Apr 22, 2012 - With 7,000,000,000 people on the Planet, [&we all want a big screen TV, 2 car garage, cabin at the lake] there is just no allowance, no more room, for political Corruption. Democracy is NOT going, magically, fix itself, nor will it ever, EVER, fix all of the financial and cultural problems it created. [The World MESS can't be blamed on Monarchy, Communism] Democracy SUX!!! It's stupid by Design and a failure by Measuement! It's Klepticracy with a dress on! FaceBook The Joseph Solution

phatcontrolla Says:

Apr 23, 2012 - Atlas is shrugging!

loveSc7 Says:

Apr 24, 2012 - Do you want to know what's gonna happen? It's actually pretty easy to predict but the problem is that people don't use their eyes and brains nowadays, and they trust the media which is their biggest fault. There will come a global currency,maybe called Amero (/watch?v=3KBVe8COIBk) <-watch to the end! Then easily replaced with RFID chips. Then merging the states into unions. It will come like a messiah, but it's a cloaked evil. One world government. Still think conspiracies are crazy?You will see

Ac1DGoD Says:

Apr 25, 2012 - so yer dammed if you do & dammed if you dont! I think Bart Simpson would say its more like a catch 44 cuz its 22 points worth of fuckage in each direction talking off at least 44 health from everyone lol shit im just spoutin, by shit I mean fuck.

sholomyaakov Says:

Apr 26, 2012 - the best solution is free markets, eliminate the fed. google adam smith

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calixtepictet Says:

May 8, 2012 - You gotta pay for a war too, at some point.

NVaizard Says:

May 13, 2012 - wasn't expecting that one from a canadian! Well played good sir :D

guayx2 Says:

May 14, 2012 - but in most cases, war pays for itself, if you're winning of course.

XtremePacifist Says:

May 27, 2012 - In April of 2012, we the people paid foreign governments and banks over $30 Billion in interest alone, on the outstanding US debt, for one month's interest!Thirty Billion Dollars for one month of interest and we didn't pay down the principle debt one penny, as a matter of fact, the principle debt increased by $100 Billion, in one month.The US Debt as of May 24th, is now $15.71 Trillion.Good Luck...

XtremePacifist Says:

May 27, 2012 - Try to comprehend how much Debt you and I owe others, through "Public Debt", because the people in power in Washington DC, have been allowed by you and I, to spend Trillions of Dollars on never ending wars on terror, crime, drugs, and every other problem that our government has created, and remember, money is never lost, it is merely transferred, and most of our money has been transferred to the 1% who control all of the corporations on Wall Street.