Debt Now Equals Entire US Economy

This is why Obama will lose. People will be too scared of the deficit!

We will be able to get the most fiscally responsible candidate!

Michelle Bachmann 2012 anyone?

OP, just in case you were a Obama's sheep !!


[link to www.lewrockwell.com]

Our real debt is way beyond $100 trillion. With the derivatives game, credit default swaps and all of our unfunded liabilities, we are well above the $600 trillion mark. Much like the unemployment numbers and everything else put out by the gov, they manipulate the shit out of the numbers.

[link to www.newsweek.com]

still waiting the inevitable hyperinflation that results. We've seen inflation no doubt though. The official inflation data is so silly... it seems to measure the price of cars and things people buy once every 3 years not something people have to buy week after week. That or the decreasing price of electronics is seen as 'deflation' and skews the data all up.

OP: Right On!:bump:

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... keep wondering how this is "our" debt when I don't remember signing any paperwork for this! ...
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... let the bill collector go to those who signed the paperwork ... like the politician$ ... president$ ...
.

they still have fun

It is our debt because they have pledged us and our land as collateral. Sorry it is true.

you mean skews the data down :)

I need a new country! I'm not paying corrupt politician debt if I can help it. Can the U.S. declare bankruptcy and just recreate itself as a new company. Just like GM did.

Last Edited by TrueDepth on 02/14/2011 03:55 PM

yeah but it wouldn't help if the same crooks are in charge, everything will just get back to the same problems again. But with nukes nobody is going to challenge us if we default on our debt. Dismantle all the nukes, that's another story. In the end it doesn't matter which puppets take the blame as long as order is maintained. Puppets can be replaced and retire in remote places. No big deal. Hell, I'll take political power and take the blame if it means a safe retirement in a secluded location safe from prying eyes with plenty of money. Well maybe not. Safety can never really be guaranteed once a person is a public figure.

I have to leave for a little while, below is just a beginning link to what was promised in case we default. So keep looking on line...there are plent of links.

Historically speaking, there never is a country that owes huge debt that just walks away unscathed. Neither will our country.

[link to romanticpoet.wordpress.com]

Sooner or later it's going to crash!

No, bro!

Somebody would have this money, no bro?

The US wealth is like, eh, what, 73 trillion?

Nah, the derivatives b/s is b/s!

And its Normal that The Debt is shooting up, we are coming close to a world war, so "now" is the Time for the exuberant cash grab. When war hits people won't stand for this looting. When war comes these guys are gonna look holier than the Pope. They'll be balancing the Budget, tax write-offs for the middle and lower class, all kinds of nice incentives to get your asses to trust the authority so that when they say; "there is the enemy!" You'll march to beat of the drums.

once again, get out of paper.

[link to 13minutes-after-midnight.blogspot.com]

Start by cutting defense spending.

[link to en.wikipedia.org]

You guys are spending more on the military then the next 9 nations combined.

But, we found $100 billion in cuts to defense spending, woo hoo!!! I wrote a blog on that bullshit too. We are truly self-proclaimed world police, making sure global trade isn't fucked up by pirates and those against our views and those of our allies. Wrote a blog on this too last month.

[link to 13minutes-after-midnight.blogspot.com]

You can measure half of US GDP in War, Disease, and Debt...




Thread: You can measure half of US GDP in War, Disease, and Debt...