I.O.U.S.A. Bonus Reel: A $53 Trillion Federal Financial Hole
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Will you take a check?
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This video just throws out numbers with no context provided. Over what time frame is this guy talking about here? How much of this money do we have already? Certainly a large percentage of it will continue to be paid with tax revenue. Funny how conservatives started caring about this only like 4 years ago. I'm sure they are very concerned about their personal well being...
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Per capita the US ranks around 50th most in debt nation. Many other nations in Europe and in the undeveloped world are much worse off. This is a global problem, so I think we will be fine, or we will all fall together.
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We're skrewed!
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Washington Says Social Security Is Safe.... They also said that housing wasn't a bubble, banks were safe, and the GSEs were solvent. That is the 500 trillion to 1 trifecta of incompetence, and you are trusting them on Social Security. I hope you can afford for them to be wrong... 3Ws FixSSNow.Org....
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dont worry the jews will lend it to you
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SHIT HAPPENS WERE BROKE
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Another debt you should mention is the fact that Americans are suffering the worst health problems in the history of civilization. And you can't just erase this debt with a printing press.
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you're wrong - beyond a certain basic threshhold, there is no 'correct' amount of a commodity to back up a given currency - any amount would do. It might be that gold would be $15,000 per ounce, which might be impractical, but it doesn't mean there isn't 'enough' gold. As for a 'usable' commodity like oil backing a currency - this defies one of the qualifications of a sound money - commodity-based money is supposed to be durable over long periods of time, not something perishable or consumable.
Is there anyway we can watch this movie online?
Autotee2 3 years ago 11
Yea the dollar is collapsing.
And we will be a third world country soon.
Buy guns.
Thank you Barney Frank, Chris Dodd, Nancy Pelosi, Tom Daschle, Harry Reid, Maxine Waters, George Bush, Trent Lott, Alan Greenspan, Bill Clinton, Ben Bernake and all the other losers that decided politics was more important than the people.
And of course the media that is useless in reporting anything of substance.
So we got a half black president who doesn't have a clue about economics. Just great.
Thanks
Truthpolice9698 3 years ago 5