Well that is the current society you loan money for your study then you need a car to get you to a job so you get another loan. Well underwhile you already have three creditcards. You grow up meet someone you love and want a house so guess what, another loan!
In the end you own nothing yourself.
I am in europe and yes even here many of my age haven't got a surplus. They might have money but usually have more loans then savings.
This is what we get for betraying the ideals of the Founding Fathers. The Federal Govt was never meant to be everyone's last resort welfare giver... now all of us will pay the price.
it's a bad investment because it is forced on you by government workers who at the same time get to "invest" in a much more lucrative retirement account for themselves funded by opm's obtained with threat of prison if they refuse to "support it" via taxes
This video is exactly what I've been looking for. I am leaving the country and I'll just follow the downfall of Rome via the internet, it's much safer way.
The only solution is for the American people to declare the Federal Reserve System an illegal fraud. Do what the Constitution requires and have the Congress control the money supply. Declare all current debts denominated in US Federal Reserve dollars null and void and unenforceable. Start over. It will not take as log to recover from the disaster as people think.
why? don't you trust all those who work at social security - I mean they aren't dependent on it as they are federal civil servants who get much better so we know who to trust
It's not that I don't trust them. It's that it's not the greatest investment. It may be a nice safety net, but people shouldn't be relying on it anyway.
Any financial advisor will tell you that relying on social security is a bad way to invest, and that it is quite possible to save up a lot of money for retirement.
we need farming, mining and manufacturing.. all the other garbage is worthless. Some football coach got over 4 million dollars.. for what? entertainment?
And what do you propose we do? Make a law against football coaches making over 4 million dollars?
I could probably write an essay on why entertainment is not as useless or as undeserving of so much money as people seem to complain about, but it's not worth it
Americans should be ashamed. They've consumed themselves and the country. QUIT FUCKING SPENDING. We get what we deserve. I mean, the fiscal irresponsibility is REDICULOUS. I am the ONLY American NOT drowning in (personal) debt? Thanks to the US Gov, I am though.
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What would America Be without Debt?
MrPhelps12 1 year ago
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donate-us-debt.blogspot.com
What would America Be without Debt?
MrPhelps12 1 year ago
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donate-us-debt.blogspot.com
What would America Be without Debt?
MrPhelps12 1 year ago
Cool! Short and very interesting!
taxondebtrelief 2 years ago
Short and sweet
filingincometaxdebtr 2 years ago
makes us think!!
erasedebt 2 years ago
What is Net Interest ?
Jayc2400 2 years ago
Well that is the current society you loan money for your study then you need a car to get you to a job so you get another loan. Well underwhile you already have three creditcards. You grow up meet someone you love and want a house so guess what, another loan!
In the end you own nothing yourself.
I am in europe and yes even here many of my age haven't got a surplus. They might have money but usually have more loans then savings.
I do have savings, I feel blessed.
masticina 2 years ago
America deserves to drown in debt, after all, it's someone else's fault.
joejoemorgan 2 years ago
what happened?
mikejulee 2 years ago
I told everyone to vote for Ron Paul don't blame me. This fucking government is unbelievable.
spacklepro 2 years ago 2
All so various politicians over the years could buy themselves re-election. LBJ, FDR, Bush2, on and on...
pismo10 2 years ago
Is that not Scarface music? Love it.
pismo10 2 years ago
@pismo10 Yeah! So awesome!
FaithfulAndTrue1 1 year ago
This is what we get for betraying the ideals of the Founding Fathers. The Federal Govt was never meant to be everyone's last resort welfare giver... now all of us will pay the price.
VinceP1974 2 years ago 5
Love the SCARFACE sound track!
FaithfulAndTrue1 2 years ago
it's a bad investment because it is forced on you by government workers who at the same time get to "invest" in a much more lucrative retirement account for themselves funded by opm's obtained with threat of prison if they refuse to "support it" via taxes
6179301948 2 years ago
0:40 what do you mean it's above inflation??
cyborgtroy 2 years ago
This video is exactly what I've been looking for. I am leaving the country and I'll just follow the downfall of Rome via the internet, it's much safer way.
online4now 2 years ago
The only solution is for the American people to declare the Federal Reserve System an illegal fraud. Do what the Constitution requires and have the Congress control the money supply. Declare all current debts denominated in US Federal Reserve dollars null and void and unenforceable. Start over. It will not take as log to recover from the disaster as people think.
klard 3 years ago
Fuck social security. It's not my problem that people can't save up for retirement.
Seriously, if there's a damn good reason why you can't come up with $250,000 for retirement, more than likely, there's a charity for you.
BlackWolf4830 3 years ago 2
why? don't you trust all those who work at social security - I mean they aren't dependent on it as they are federal civil servants who get much better so we know who to trust
6179301948 2 years ago
It's not that I don't trust them. It's that it's not the greatest investment. It may be a nice safety net, but people shouldn't be relying on it anyway.
Any financial advisor will tell you that relying on social security is a bad way to invest, and that it is quite possible to save up a lot of money for retirement.
I'm only 20 and I've got a Roth IRA.
BlackWolf4830 2 years ago
Wow.. this ws a great overview
BlueSkies360 3 years ago
we need farming, mining and manufacturing.. all the other garbage is worthless. Some football coach got over 4 million dollars.. for what? entertainment?
josephdupont 3 years ago
And what do you propose we do? Make a law against football coaches making over 4 million dollars?
I could probably write an essay on why entertainment is not as useless or as undeserving of so much money as people seem to complain about, but it's not worth it
BlackWolf4830 3 years ago
Americans should be ashamed. They've consumed themselves and the country. QUIT FUCKING SPENDING. We get what we deserve. I mean, the fiscal irresponsibility is REDICULOUS. I am the ONLY American NOT drowning in (personal) debt? Thanks to the US Gov, I am though.
Tyler7692 3 years ago 2
Good stuff
rci2145 3 years ago
only way it can be repaid is by drastically devaluing the currency.
but whole world will suffer bcoz of that
madhuradi 3 years ago 2
it's all george bush's fault
MikeZRocks 3 years ago
You have no clue
wayneswhls 3 years ago
nice sound! Is it from the film Scarface?
carapone1 3 years ago
I think the music is from Bloodsport with Jean Claude VAn Damme
markymarkuss777 3 years ago
The music is from Scarface.
nibelungensohn 3 years ago