Dollar in Danger- The Greatest Threat to America
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See also 1 Dollar a Gallon- The real price of Gas http://www.youtube.com/watch?v=-ad0se6c0FM
This is the single greatest threat to America.
The official national debt figure, now approaching $9 trillion, reflects only what the federal government owes in current debts on money already borrowed. It does not reflect what the federal government has promised to pay millions of Americans in entitlement benefits down the road. Those future obligations put our real debt figure at roughly fifty trillion dollars- a staggering sum that is about as large as the total household net worth of the entire United States. Your share of this fifty trillion amounts to about $175,000.
Don't believe for a second that we can grow our way out of the problem through a prosperous economy that yields higher future tax revenues. If present trends continue, by 2040 the entire federal budget will be consumed by Social Security and Medicare alone. The only options for balancing the budget would be cutting total federal spending by about 60%, or doubling federal taxes. To close the long-term entitlement gap, the U.S. economy would have to grow by double digits every year for the next 75 years.
The answer to these critical financial realities is simple, but not easy: We must rethink the very role of government in our society. Anything less, any tinkering or "reform," won't cut it.
To learn how to help change this
check out
http://www.jointhefightforfreedom.com/node/88
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relax.
they have supertaxed housing and land
to the point people had to resort to crowded
apartment buildings which is where disease
epidemics start, crowded apartment buildings are the #1 places where disease epidemics such as influenza SARS and clostridium difficile spread, this illness spreading wouldn't happen if government stopped taxing land and imposing inflation on housing and just removed housing from the stock market once and for all.
WHAT THE FUCK ARE WE SUPPOSED TO DO
And we also needed the tax money that was spent on the DNC and RNC! I'm really bitter about that.
Taxes are just spent on any silly pet project our government has! Politicians need to be more frugal.