The Great Bankruptcy of the United States of America

[TheGlassasylum]

Yeah, this interview still skirts the issue, The country IS in Bankruptcy. Read "the Creature from jekll island" by G.Edward Griffin, the facts -R- layed out. Another fact is No Budget can be balanced when a bankruptcy is declared! No Money! & since we are dealing with FIAT currency & NOT Money such as GOLD & SILVER, No one has ever been payed because the NOTE, is an I.O.U. a promise to pay!!! & the N0.1 reason for the PUBLIC DEBT is because this P.D. is NOT being DISCHARGED!!!!

[FreedomForYouAndMe]

"We have a deficit in this country of 9 trillion dollars now or something"....Amazing we are now sitting at $16 trillion only 3 years later. In another 3 years someone is going to read this and say "$16 trillion? That's nothing! What are we doing? Now we are at........."

[bennybob1001]

Man, glen beack was such a good commentator before he started to go down the extreme religious tile he's on now.

there are millions of people, like myself, that agree with him on fiscal issues and limited government that get turned off every time he mentions the only true solution to the issues come from god.

[pandoraishere333]

Let's shaft the baby boomers! Let them be victims of Bill Gates and David Rockefeller's depopulation agenda. Let them see what it's like to live in the streets without food, shelter or access to medications. Time to thin out the useless eaters in our society.

[clearasvodka]

GLENN BECK DOESN'T GET IT. WE ARE ALREADY BANKRUPT. 1933. LOOK IT UP. WHAT DO YOU THINK SOCIAL SECURITY AND INCOME TAX IS???? IT'S TO PAY OFF THE BANKERS. SINCE 1933 WE HAVE BEEN! THE UNITED STATES IS IN BANKRUPTCY REORGANIZATION AND HAS BEEN FOR 50 YEARS. EVIL BANKERS HAVE THEIR CLAWS IN US. END THE FED.

[babybluesnowden]

@clearasvodka Exactly, we only pay on the interest of the act of 1933 with gold. Never touching the principal. They took our property, national parks, our wages and our constitutional citizenship. They made us statutory citizens of the US, created fictitious persons and own us from birth. Our constitutional government has been insolvent since 1933 and now operates under the emergency war powers act.

[Roylamx]

@babybluesnowden I don't know if you know how right you are. May I add that these problems go back further than the bankruptcy of 1933, because of Lincoln's war Congress hasn't sat as a Quorum since the Southern Congressmen left, so it sits today 'Sine Die', or without day, thus justifying Executive Branch Tyranny, IE, Executive Orders, and Government by emergency, as we have today. Also check Corporate Personhood and the incorporation of D.C. as America Inc, calculated government by deception!

[paranoidpatriot]

who do we owe and what is it exactly that was loaned? paper printed with no backing that must be paid back with actual labor. seems like a scam to me.

[Bibilezoive]

ir over we all gonna die AAAAAAAAAaaaaaaaaa

[Rizky06]

No problem we will pay it with lead!

[screwopenborders]

Sorry to break to these greedy corporate bastards but Average Americans don't owe anything for irresponsible monetary policy. The politicians themselves owe that money. I have to laugh when they say we owe 400k each American, bullshit! Its all a play on words, they can say whatever they want but it doesn't make it true.

[DomiusPetri]

Clever! Hi, lols. And what does it mean to Africa, where people are starving...

[DSkeptic86]

Domius, do you know that Africa, particularly Nigeria, will be the world's food producer in the future?

[temporaldisplacement]

@DSkeptic86 ...and south america.

[holzpusher]

I don't think it takes especially complicated formulas and figures to confuse Glenn Beck.

[MOPEDBRAD]

Hey! Chill out... pocket calculators were only invented 25 years ago.

Some of them are hard to use....

They'll figure it out, just give em 5 more years.

[jaypauldini]

ah capitalism isnt it great, castro must be laughing his ass off

[KernelSandersCheckin]

not sure you know what capitalism is.

Government Spending = Not Capitalism

Individual Spending = Capitalism

just letting you know.

[danger0usknowledge]

Bush appointee Charles Millard Of the US Pension

Guaranty Corp whose job it was to guarantee the

pensions of 44 million Americans decided to depart from conservative investment strategy and

put much of its $64 billion insurance fund into speculative investments in emerging foreign markets, real estate and private equity funds. The decision

was made just months before the start of the stock market collapse. Another "drown the beast"

republican no doubt. Grover Norquist is smiling)))

[poiounhotmail]

US is bankrupt as a price for killing Saddam. Its lies about WMD and its greed over oil. The country itself is destroyed a long time ago: Guns are not meant to bring freedom but to bring death for people, because guns are meant for that particular purpose. What a loser country. Porn everywhere too, lower than animals.

[pretorious700]

Nice ignorant generalization.

[WarDogLRS]

Fuck the Government

[fuzzywzhe]

Gee whiz, Glenn Beck is just 20 years too late on this.

I mean, why wasn't this MORON complaining about this problem when it was still solvable?

AND IF YOU THINK that this problem hasn't been WIDELY known, it's because you're not hooked in. ANY financial newsletter (that you have to pay for, like $1000 a year) has been talking about it for over a decade.

It's not like the media doesn't have access to this information, WHEN *I* do. I'm not special, I'm not even rich.

[greenfrog140]

the problem is Zionist jews (Isreal). they own the world bank, they control the movie business, media, the politicians, the banks, .. we fight wars for them, .. we give them free money in billions every year... and now we are fucked!!!

[aviomaster]

722 military bases all over the world ...

Iraq and AFganistan wars ,,, you name it .. USA is ready to go bankrupt ...

[HLMSR]

You may be right except that you are speaking too early. What you need to think of is not about Schiff, don't you see the increasing job losss? Don't you see the many companies going bust? Let alone Schiff. In many things he is right, so far he is not right on some fronts e.g. run agains the dollar. The fact of the matter is that the economy is in seriou trouble. If it recovers, fear another bubble unless a real solution is found!

[juniperhill1970]

US is like a 3rd world country thats sends its rawmateriel to be manufactured in other countries. . and then they import finished stuff to sell at wallmart. . who is bying the crap when all the jobs are lost to forreign countries? Welcome to wallmart!! Get your shit and get out!!! Wake up America. . your dept is over 8 billion dollars!!!! MY GOD!! is it possible to turn around??

Dont get me wrong. . I love America.

Regards /Hank from Sweden

[TROX3L118]

I think the debt to the privately owned federal reserve is something around 53 trillion, then we pay it back to the Rockefellers through the income tax... someone correct me please if I am wrong?

[HLMSR]

I think you got the number right, its somewhere around that, but it is increasing each day.

[heatheramber21]

yup!and the whole income tax is wrong. income tax is supposed to be from capital gain, not wage labor. they are stealing money that should be rightfully ours. and theyre all kinds of rich. were like their slaves. fuckin scumbags. people will really be like slaves once they start microchipping us!! bc if we dont like what they are doing theyll just turn off our chip. hello New world order. i bet now that obama is in office, the NWO will happen really soon!! God help us!

[heatheramber21]

yeah our country is fucked. but so is everyother country. all this shit is happening so that we will accept the new world order. they can kiss my ass. im not getting microchipped. thats the mark of the beast. and the NWO is the endtimes beast govt!!! stay safe.

[Roylamx]

@juniperhill1970 Good points, yes, it is possible to turn this all around, if the American People will wake up to the fact that they are being enslaved by Bankster deception of Fiat currency, designed to enslave them w debt, war, the Police State and everything that goes along w it. If the People even learn the outline of this deception, especially the incorporation of Congress as THE UNITED STATES in 1840's, the creation of the private Fed in 1913, once they see the trap its easy to get out of.

[WORLDREIGN]

Money based economies are nothing more than slave notes that we really don't need in the first place. Money is a non-secutor and anyone with a real scientific mind knows this. Please search for the "Venus Project" here on youtube to get a better understanding. The human race is going to transition from a type 0 to a type 1 civilization. This is the most dangerous, but also the most rewarding. Take action to ensure the future, before man becomes the architect of his own demise.

[WORLDREIGN]

There are better economies than money. Do a little soul searching.

[cpgone]

Give all your money to charity and or me.

Free yourself to something "better".

[WORLDREIGN]

Have you ever heard of a resource based economy? Look up the "venus project" smart ass. We don't need money.

[jwilson770]

Nice Ron Paul mention.

[JNStMarks]

This is frightening, but so real. Like a total set up for us to fail so we become part of the NWO plans.

[NookulerFreedom]

Intermission: watch?v=SmVAWKfJ4Go