“Let’s get real.. The U.S. is bankrupt.”

There may be a silver lining here. This is the one thing that may break the back the federals and get them the hell out of our lives.

There is no legitimate reason for the Federal Government to exist.

What about the army?
What about highways?
Shouldn't there be a place to have all states make deals with each other?

You can only give out FREE MONEy for so long.

This ALL STARTED when the KENNEDY's got into govt.

SPECIAL INTEREST GROUPS... was the NEW GAME IN TOWN.

LOOK IT UP...

This is where ALL the madness started.

October 28th, 2010
Via: The Globe and Mail:

Boston University economist Laurence Kotlikoff says U.S. government debt is not $13.5-trillion (U.S.), which is 60 per cent of current gross domestic product, as global investors and American taxpayers think, but rather 14-fold higher: $200-trillion – 840 per cent of current GDP. “Let’s get real,” Prof. Kotlikoff says. “The U.S. is bankrupt.”

Writing in the September issue of Finance and Development, a journal of the International Monetary Fund, Prof. Kotlikoff says the IMF itself has quietly confirmed that the U.S. is in terrible fiscal trouble – far worse than the Washington-based lender of last resort has previously acknowledged. “The U.S. fiscal gap is huge,” the IMF asserted in a June report. “Closing the fiscal gap requires a permanent annual fiscal adjustment equal to about 14 per cent of U.S. GDP.”

This sum is equal to all current U.S. federal taxes combined. The consequences of the IMF’s fiscal fix, a doubling of federal taxes in perpetuity, would be appalling – and possibly worse than appalling.

[link to cryptogon.com]

PIN THIS SHIT RIGHT NOW.

THIS IS MIND BLOWING. AWESOME READ.

HOW THE HELL DO THEY PAY 200 TRILLION DOLLAR DEBT???

:sorryyet:


Broken, get real!

You must be dumb to think the only one to be blamed is Mr. Obama.

I like to see how stupid North-Americans are blaming a pawn that was put in the power only to being blamed.

I love to see how much retard North-Americans are when they cannot notice where exaclty is the source of they all problems.

I will enjoy to see the USA empire crumble into pieces in the next years.

:Oblame Me sticke: :OFacePalm:

Oh yes, because it's Obama's fault that you idiots have been partying for the past 30 years....

WHERE THE HELL DID THIS GUY GET 200 TRILLION DOLLAR DEBT FIGURE???

WE NEED ANOTHER SOURCE TO CONFIRM THIS???

THIS IS SO SCARY.


Kotlikoff explains his methodology (basic) in the original article:

[link to www.theglobeandmail.com]

.

PIN THIS SHIT RIGHT NOW.

THIS IS MIND BLOWING. AWESOME READ.

HOW THE HELL DO THEY PAY 200 TRILLION DOLLAR DEBT???

First they come to vietnam , kick ur ass , then cut ur head , then take ur money , then they can pay , only if they want to.

WHERE THE HELL DID THIS GUY GET 200 TRILLION DOLLAR DEBT FIGURE???

WE NEED ANOTHER SOURCE TO CONFIRM THIS???

THIS IS SO SCARY.


Kotlikoff explains his methodology (basic) in the original article:

[link to www.theglobeandmail.com]

.


200 TRILLION DOLLAR DEBT. Everybody needs to pay 10000000 dollars EVERY DAY to PAY off this debt????


where do you prepare to get this kind of cash??? selling blood for red cross won't be enough.


THIS IS AN OFFICIAL DOOM.

WHERE THE HELL DID THIS GUY GET 200 TRILLION DOLLAR DEBT FIGURE???

WE NEED ANOTHER SOURCE TO CONFIRM THIS???

THIS IS SO SCARY.


Kotlikoff explains his methodology (basic) in the original article:

[link to www.theglobeandmail.com]

.


200 TRILLION DOLLAR DEBT. Everybody needs to pay 10000000 dollars EVERY DAY to PAY off this debt????


where do you prepare to get this kind of cash??? selling blood for red cross won't be enough.


THIS IS AN OFFICIAL DOOM.


Red cross plus a couple of lemonade stands was the idea.

200 TRILLION DOLLAR DEBT IS THE BIGGEST CREDIT CARD LINE IN MANKIND HISTORY.

WHO ALLOWED A FUCKER TO WIPE THIS ????

WHERE THE HELL DID THIS GUY GET 200 TRILLION DOLLAR DEBT FIGURE???

WE NEED ANOTHER SOURCE TO CONFIRM THIS???

THIS IS SO SCARY.


Kotlikoff explains his methodology (basic) in the original article:

[link to www.theglobeandmail.com]

.


200 TRILLION DOLLAR DEBT. Everybody needs to pay 10000000 dollars EVERY DAY to PAY off this debt????


where do you prepare to get this kind of cash??? selling blood for red cross won't be enough.


THIS IS AN OFFICIAL DOOM.


Red cross plus a couple of lemonade stands was the idea.

200 TRILLION DOLLAR DEBT IS THE BIGGEST CREDIT CARD LINE IN MANKIND HISTORY.

WHO ALLOWED A FUCKER TO WIPE THIS ????



Who cares. Time to wipe the debt and start over. How do you suggest we proceed?

200 TRILLION DOLLAR DEBT IS THE BIGGEST CREDIT CARD LINE IN MANKIND HISTORY.

WHO ALLOWED A FUCKER TO WIPE THIS ????



Who cares. Time to wipe the debt and start over. How do you suggest we proceed?


GET THE FUCK OUT OF USA RIGHT NOW. IT'S A GOOD START. OTHERWISE, GOOD LUCK WITH PAYING the INTEREST OF 200 TRILLION DOLLARS.

a whole fucking USA land costs 200 TRILLION DOLLARS?? I DOUBT IT.

What's happening to our money? Obama, Glenn Beck

This is one of the BEST.... Histroy Lessons... he created.

200 TRILLION DOLLAR DEBT IS THE BIGGEST CREDIT CARD LINE IN MANKIND HISTORY.

WHO ALLOWED A FUCKER TO WIPE THIS ????



Who cares. Time to wipe the debt and start over. How do you suggest we proceed?


GET THE FUCK OUT OF USA RIGHT NOW. IT'S A GOOD START. OTHERWISE, GOOD LUCK WITH PAYING the INTEREST OF 200 TRILLION DOLLARS.

a whole fucking USA land costs 200 TRILLION DOLLARS?? I DOUBT IT.


Ok. Thanks for the advice. We will take it into consideration. Thanks. In the meantime pray that China doesn't invade Vietnam.

Tasty roadkill recipes for the whole family:

[link to www.globe-guardian.com]