34 shocking facts about u.s. debt that should set america on fire with anger from blacklistednews

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34 Shocking Facts About U.S. Debt That Should Set America On Fire With Anger From blacklistednews.com

WHAT MORE DO YOU NEED TO KNOW...BEFORE IT IS TOO LATE!!!!

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34 shocking facts about u.s. debt that should set america on fire with anger from blacklistednews

  1. 1. How to Buy Gold Physical Gold Shipped to Your Door Free Investor Kit. Since 1960. Goldline.com/Buy-Gold 3 Bureau Credit Report View your latest Credit Scores from All 3 bureaus in 60 seconds for $0! www.FreeScoreOnline.com See Todays Mortgage Rates Mortgages Plunge to 2.5% (3.01%APR) As Seen on Good Morning America! www.MortgageRates.LowerMyBills.com Front Page Search Radio Contact Advertise Amazon 57 124 ShareThis 185 Reddit 0 Email 3 34 Shocking Facts About U.S. Debt That Should Set America On Fire With Anger January 5, 2012 Print Version By Michael Snyder BlacklistedNew s.com We have all been lied to. For decades, the leaders of both major political parties have promised us that they can fix our current system and that they can get our national debt under control. As the 2012 election approaches, they are making all kinds of w ild promises once again. Well you know w hat? It is all a giant sham. The United States has gotten into so much debt that there w ill be no coming back from this. The current system is irretrievably broken. 30 years ago the U.S. debt w as a horrific crisis that w as completely and totally outEnter your email address: of control. If w e w ould have dealt w ith it back then maybe w e could have done something about it. But now it is 15 times larger, and w e are adding more than a trillion dollars to the debt every single year. The facts that you are about to read below should set America on fire w ith anger. Please share them w ith as many people as you can. W hat w e are doing to Subscribe our children and our grandchildren is absolutely nightmarish. Words like “abuse”, “financial rape”, “theft” and “crime” do not even begin to describe w hat w e are doing to future generations. We w ere the w ealthiest nation on earth, but it w asn’t good enough just to squander all of our ow n money. We had to squander the money of our children and our grandchildren as w ell. America has been so selfish and so self-centered that it is hard to argue that w e don’t deserve w hat is about to happen to this country. We have stolen the future of America, and yet w e strut around as if w e are the smartest generation that ever w alked the face of the earth. All of this prosperity that w e see all around us is just an illusion. It is a false prosperity that has been purchased by the biggest mountain of debt in the history of the w orld. Did you know that if you added up all forms of debt in the United States and divided it up equally that every single family in the country w ould ow e more than $683,000? News, Blogs,Information, and Analysis We are a nation that is absolutely addicted to debt, and the U.S. debt crisis threatens to W hat Really Happened destroy everything that our forefathers built. Information Liberation Cryptogon Yes, everything may seem fine for the moment, but w hat do you think w ould happen if the Strat Risks federal government suddenly adopted a balanced budget? Raw Story Lee Rogers 1.3 trillion dollars a year w ould be sucked right out of the economy and w e w ould be Michael Snyder looking at an “economic readjustment” that w ould be mind blow ing. Tony Cartalucci Madison Ruppert Enjoy this false prosperity w hile you can, because it is not going to last. Citizens for Legit Gov. Full Specturm Dominance Debt is a very cruel master, and our day of reckoning is almost here.Information Clearing House The follow ing are 34 shocking facts about U.S. debt that should set America on fire w ith American Free Press anger…. Boiling Frog Post Global Research #1 During fiscal year 2011, the U.S. government spent 3.7 trillion dollars but it only brought The Peoples Voice in 2.4 trillion dollars. Tom Burghardt Uncover The New s #2 W hen Ronald Reagan took office, the U.S. national debt w as less than 1 trillion dollars. All Gov. Today, the U.S. national debt is over 15.2 trillion dollars. Media Monarchy F. W illiam Engdahl #3 During 2011, U.S. debt surpassed 100 percent of GDP for the first time ever. Cryptome Narco New s #4 According to W ikipedia, the monetary base “consists of coins, paper money (both as Corbett Report bank vault cash and as currency circulating in the public), and commercial banks’ reserves Common Dreams w ith the central bank.” Currently the U.S. monetary base is sitting somew here around 2.7 Alternet trillion dollars. So if you w ent out and gathered all of that money up it w ould only make a Antiw ar small dent in our national debt. But afterw ards there w ould be no currency for anyone to Aftermath New s use. Steve Quayle Wayne Madsen #5 The U.S. government spent over 454 billion dollars just on interest on the national debt Truth Out during fiscal 2011. Lew Rockw ell Dissident Voice #6 The U.S. government has total assets of 2.7 trillion dollars and has total liabilities of Morph City 17.5 trillion dollars. The liabilities do not even count 4.7 trillion dollars of intragovernmental Sovereign Independent debt that is currently outstanding. converted by Web2PDFConvert.com
  2. 2. Before Its New s #7 During the Obama administration, the U.S. government has accumulated more debt New s W ith View s Jeff Rense than it did from the time that George Washington took office to the time that Bill Clinton took office. Strike The Root Old Thinker New s #8 It is being projected that the U.S. national debt w ill surpass 23 trillion dollars in 2015. Activist Post No Agenda New s #9 According to the GAO, the U.S. government is facing 34 trillion dollars in unfunded Empire Burlesque liabilities for social insurance programs such as Social Security and Medicare. These are CNS New s obligations that w e have already committed ourselves to but that w e do not have any Electric Politics money for. Stop The Lie Amy de Miceli #10 Others estimate that the unfunded liabilities of the U.S. government now total over Crooks and Liars 117 trillion dollars. Rumor Mill New s The Resident #11 According to the GAO, the ratio of debt held by the public to GDP is projected to reach Aangirfan 287 percent of GDP by 2086. OpEDNew s The Brad Blog #12 Others are much less optimistic. A recently revised IMF policy paper entitled “An Conspiracy Archive Analysis of U.S. Fiscal and Generational Imbalances: W ho W ill Pay and How ?” projects that Foreign Policy Journal U.S. government debt w ill rise to about 400 percent of GDP by the year 2050. Counter Punch August Review #13 The United States government is responsible for more than a third of all the Buzzflash government debt in the entire w orld. Truth Is Treason #14 If you divide up the national debt equally among all U.S. taxpayers, each taxpayer Reason w ould ow e approximately $134,685. Real New s Netw ork VOA New s #15 Mandatory federal spending surpassed total federal revenue for the first time ever in Huffington Post fiscal 2011. That w as not supposed to happen until 50 years from now . Grist World Net Daily #16 Betw een 2007 and 2010, U.S. GDP grew by only 4.26%, but the U.S. national debt Drudge Report soared by 61% during that same time period. Reality Sandw ich Red Ice #17 During Barack Obama’s first tw o years in office, the U.S. government added more to New smax the U.S. national debt than the first 100 U.S. Congresses combined. Boing Boing Short New s #18 W hen you add up all spending by the federal government, state governments andSmall Government Times local governments, it comes to 46.6% of GDP. Global Post The Blotch #19 Our nation is more addicted to government checks than ever before. In 1980, W ide Aw ake New s government transfer payments accounted for just 11.7% of all income. Today, government New s Blok 2 transfer payments account for 18.4% of all income. Intel Hub Security System Disinformation #20 U.S. households are now actually receiving more money directly from the U.S. Vigilant Citizen government than they are paying to the government in taxes. PEOPLE RECENT POPULA R Amped Status #21 A staggering 48.5% of all Americans live in a household that receives some form of SHTF Plan government benefits. Back in 1983, that number w as below 30 percent. Most Discussed Vice Guide ITHP #22 Back in 1965, only one out of every 50 Americans w as on Medicaid. Today, one out of Ohio earthquake w as The Daily Bell every 6 Americans is on Medicaid. not a natural event, NewsWires expert says - Breaking New s #23 In 1950, each retiree’s Social Security benefit w as paid for by 16U.S. w orkers. BlackListedNew s.com Yahoo!-Top Headlines According to new data from the U.S. Bureau of Labor Statistics, there are now only 1.75 full- 8 comments · 2 hours Yahoo!-Full Coverage time private sector w orkers for each person that is receiving Social Security benefits in the ago AP-National New s United States. UPI Reuters #24 The U.S. government now says that the Medicare trust fund w ill run outfive years 34 Shocking Facts About WorldNew s.com faster than they w ere projecting just last year. U.S. Debt That Should 7am.com Set America On Fire W ith 1st Headlines #25 Right now , spending by the federal government accounts for about 24 percent of GDP. Anger - My Way - New s Back in 2001, it accounted for just 18 percent. BlackListedNew s.com Ananova.com 7 comments · 1 hour Lycos New s - Breaking #26 If the U.S. government w as forced to use GAAP accounting principles (like all publicly- ago CNew s - Top New s traded corporations must), the U.S. government budget deficit w ould be somew here in the Sky New s neighborhood of $4 trillion to $5 trillion each and every year. New York governor Guardian Unlimited urges mandatory DNA New sw ire - Salon.com #27 If you w ere alive w hen Christ w as born and you spent one million dollars every single samples - New sNow .co.uk day since that point, you still w ould not have spent one trillion dollars by now . But this year BlackListedNew s.com new s-spider.com alone the U.S. government is going to add more than a trillion dollars to the national debt. 6 comments · 6 hours Community News ago #28 If right this moment you w ent out and started spending one dollar every single Aggregators second, it w ould take you more than 31,000 years to spend one trillion dollars. Reddit Digg THE W AR ON IRAN: The #29 A trillion $10 bills, if they w ere taped end to end, w ould w rap around the globe more Deployment of Business / Economics than 380 times. That amount of money w ould still not be enough to pay off the U.S. Gold & Silver Prices Thousands of US Troops national debt. to Israel, The Daily Bail Max Keiser Integration of US-Israeli #30 If the federal government began right at this moment to repay the U.S. national debt Command Structures - Naked Capitalism at a rate of one dollar per second, it w ould take over 470,000 years to pay off the national Business Insider BlackListedNew s.com debt. 5 comments · 0 minutes Market Watch Bloomberg #31 If Bill Gates gave every penny of his fortune to the U.S. government, it w ould only ago Wall Street Journal cover the U.S. budget deficit for 15 days. RTT New s CNN Exit Polls Show Old CNN Money #32 According to Professor Laurence J. Kotlikoff, the U.S. is facing a “fiscal gap” of over 200 People Hate Freedom, Forbes trillion dollars in the future. The follow ing is a brief excerpt from a recent article that he did Love Socialism & Live In Business Week for CNN…. Fear of Imaginary Market Oracle Threats - Money Morning The government’s total indebtedness — its fiscal gap — now stands at $211 BlackListedNew s.com My Budget 360 trillion, by my arithmetic. The fiscal gap is the difference, measured in present 21 comments · 5 hours The Street value, between all projected future spending obligations — including our huge ago Shadow Stats defense expenditures and massive entitlement programs, as well as making Economist interest and principal payments on the official debt — and all projected future Financial Times taxes. Just W hen You Thought Fortune Magazine It Couldnt Get Any Daily Crux #33 If you add up all forms of debt in the United States (government, business and Worse... Introducing: Stock Charts consumer), it comes to more than 56 trillion dollars. That is more than$683,000 per family. H.R. 3166 & S. 1698 Zero Hedge Unfortunately, the average amount of savings per family in the U.S. is only about $4,735. Enemy Expatriation Act! Washingtonss Blog - BlackListedNew s.com #34 The U.S. national debt is now more than 5000 times larger than it w as w hen the 42 comments · 11 hours The Daily Reckoning Federal Reserve w as created back in 1913.But do our leaders care about statistics such as agoEnergy Business Review these?Milplex / Intel / Defense converted by Web2PDFConvert.com
  3. 3. Milplex / Intel / Defense Oil Price No. Code, scan, trade and Public Intelligence profit. A new w ave of Danger Room In fact, Barack Obama says that w e need to raise the debt limit by another 1.2 trillion computer enabled Washington Technology dollars. insider trading. - Defense Industry Daily BlackListedNew s.com Global Security The absurdity of raising the debt limit w hen w e are already in so much debt is beautifully 1 comment · 2 hours Geopolitical Monitor illustrated by the video posted below …. ago Defense Link Stratfor Space War 2012: Year of the Janes Intervention - Defense Tech BlackListedNew s.com Strategy Page 1 comment · 1 hour ago Military Info Tech Silo Breaker Library Sends Police To Strategy Page Collect Overdue BooksHomeland Sec. New sw ire From 5-Year-Old - Health & Environment BlackListedNew s.com Natural New s 23 comments · 40 Prevent Disease minutes ago Food Freedom Farm Wars Major US Newspapers Iran threatens U.S. New York Times ships, alarms oil markets New York Post - BlackListedNew s.com New York Daily New s 10 comments · 1 hour Washington Post ago Washington Times L.A. Times Robots Patrol South USA Today Korean Prisons at Night Science / Tech News - BlackListedNew s.com Ars Technica I just thought that video w as so w ell done. 5 comments · 33 W ired minutes ago Blast Magazine The “huge cuts” that Congress has agreed to are absolutely meaningless w hen compared PHYSorg to how rapidly our debt is exploding. Science Daily Jew ish groups get most Popular Science Calling those cuts “pocket change” w ould be an insult to pocket change. money from federal Tech Eye security grants - Engadget But it is not just U.S. debt that is the problem. The European debt crisisthreatens to BlackListedNew s.com New Scientist completely unravel in 2012 and Japan actually has the highest debt to GDP ratio in the 20 comments · 1 hour DVice entire industrialized w orld. ago Mother Board Technovelgy In 2012, a total of 7,600,000,000,000 dollars of debt must be rolled over by the G-7 Singularity Hub nations, Brazil, Russia, India and China. H+ Magazine Science Magazine That doesn’t even count new borrow ing. That number just represents old debts that are Seed Magazine coming due that must be refinanced. CBR Online Anyone out there that insists that this debt bubble can be fixed under our current system is Science New s lying. SlashDot Scientific American A massive amount of financial pain is coming. Spectrum IEEE Technology Review It is time for Americans to w ake up from their television-induced comas. io9 ZD Net It is time for Americans to get very angry. Technology New s The Register Your future has been destroyed and the future of your children and grandchildren has been Tech New s World destroyed. VNU Net You better take action w hile you still can. Like 8 people liked this. Add New Comment Login Showing 7 comments Sort by new est first Alan D Smith Some debt facts that should really piss Us off: All banking is fraud. The national debt represents the amount of money the Fed has stolen from the American People. No bank has made an actual "loan" since 1933 w hen they took control of America thru the Federal Reserve and declared Americans to be "enemy combatants in the 1933 Emergency Banking "Relief" Act. Throughout its history, every time the Fed created a billion dollars out of thin air to "lend" the government, the banks private ow ners became a billion dollars richer on paper for nothing but book keeping entries. And, w hen you "borrow " from a bank, you create the funds for your "loan" (by signing the promissory note) from the unlimited credit of your secret Treasury (IMF) Direct Account. The bank then deposits your note as a credit instrument upon w hich they can lend 900% more. Then converted by Web2PDFConvert.com
  4. 4. they hand you your ow n money w hich you just created w ith your signature. Then they charge you three times the principle plus chattel your home for nothing but book keeping entries. Banks have no "valuable consideration" invested in their so-called "loans" making their contracts void under the law . If youre in foreclosure, demand the bank... show more Damien Darby Just got off the phone w ith a debt collector from NYC. According to him debt is a good thing, and Discover card is helping people...said they leeched 24 million dollars from people last month...w tf RattlerRider But man w ith the help of a w anna be god, is building one last governmental structure, one last try at it, except this one w ill be Global, anti individualism, anti Bible, its prophetic, and to fight to stop it is to fight against Biblical Prophecy. W hy should w e be angry that other men acting as gods built up a phoney debt, w hy w ould w e individually feel responsible for w hat they do? Am I responsible for w hat a thief might steal from you? I didnt borrow any debt, especially invented debt based on nothing. W hy w ould w e go out and fight to stop Bible Prophecy? The sooner they get busted dow n by the real GOD YAHW EH the better. And they w ill very soon. That fake god hiding every w here behind that (eye), on the fiat currency, in most Roman churches, HORUS, EYE in Hebrew meaning Satan, is done, hes toast. Weve seen the best hes got Michael. Every form of mans government has been man acting as gods. Its over. ForYahweh You are right Rattle. ForYahweh Good little video up there. There is no mystery here: the international bankers must bankrupt the USofA before they can overtly take it over. And yes, the constitution must be done aw ay w ith... HootingEggplant I w ould consider both objectives completed. ForYahweh You and me both. Stick it to the taxpayer, take over the country and hold the serf people to their debt w hile using their money to bomb and control/takeover other nations. Wow - w hat a plan! (I am glad my hands w ill be clean!)M Subscribe by email S RSSReactions 57 124 ShareThis 185 Reddit 0 Email 3 converted by Web2PDFConvert.com
  5. 5. How to Buy GoldPhysical Gold Shipped to Your Door FreeInvestor Kit. Since 1960.Goldline.com /Buy-GoldIRS Tax Debt HelpResolve Your IRS Tax Debt Today. Free TaxConsultation. Call Now .InstantTax Solutions.com /IRSTax DebtSee Todays Mortgage RatesMortgages Plunge to 2.5% (3.01%APR) AsSeen on Good Morning America!www.MortgageRates.LowerMyBills.com3 Credit Scores (Free)View your latest Credit Scores Today in 60seconds for $0!FreeScore360.comCopyright © 2006-2011 BlackListedNews.com converted by Web2PDFConvert.com
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