Dollar in Danger- The Greatest Threat to America
Sign in to YouTube
Sign in to YouTube
Sign in to YouTube
Uploaded on Dec 27, 2007
See also 1 Dollar a Gallon- The real price of Gas http://www.youtube.com/watch?v=-ad0se...
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
ron paul president obama giuliani republican money bomb news hillary cnn fox debate msnbc politics president candidate obama hillary rudy giuliani economy finance abc week sign new hampshire huckabee bill o'reilly fox news factor petraeus report iraq war liberty freedom presidential candidate republican john mccain edwards evansville indiana liberty dollar fbi secret service raid federal reserve notes unconstitutional 4th amendment CSPAN tyranny BenBernanke Monetary Inflation US FED money Economy politics gao USA patriot deficit bankrupt bernanke hyperinflation Documentary News
Standard YouTube License
- Buy "Bumblebee Captured" on
- 3:59 Understanding America's Debt Problemby vlogbrothers Featured 398,113
- 9:38 National Debt. To whom do we owe it? (2/5) Ron Paul 2008by Spanishfries84,021 views
- 9:06 America is Bankrupt - Glen Beckby NIK4EVA17,788 views
- 8:39 How to Abolish the Federal Reserveby Temque83,765 views
- 13:09 Economic Collapse a Mathematical Certainty - Top 5 Places Where Not To Beby NewAmericaNow794,963 views
- 7:58 Former IRS Agent Joe Banister and Ron Paul On CNBCby DBryson785173,301 views
- 27:44 The Dangers of the North American Union by Jerome Corsi -- NAU SPP NWO NAFTAby TCCTV399,198 views
- 5:46 The Dollar is about to collapseby davincij1537,010 views
- 7:27 Ron Paul Lectures Bernanke: U.S. Moving Towards Fascismby RadiantBlueLight167,926 views
- 5:21 1 Dollar a Gallon- The real price of Gasby myspacecomments8,873 views
- 5:13 Barack Obama - National Debtby yohannesyw19,190 views
- 6:37 U.S. Economy and Financial System Bankrupt --What's next?by singletreefilms112,290 views
- 5:42 Ron Paul vs Ben Bernanke - Monetary Inflation - 11.08.07by PeakOilPete80,862 views
- 5:35 The Dollar is Doomed and the Fed's Days are Numberedby fagan411213,030 views
- 7:37 Ron Paul on the Housing Billby fagan411148,850 views
- 0:59 Federal Reserve, Inflation, and the Dollar Crisis in 60 secsby hayekian83,429 views
- 5:21 Reality Check: The Fiat Dollar is the real reason for high gas pricesby Reno Hooligan43,742 views
- 10:00 Jim Rogers says "Abolish the FEDERAL RESERVE"by FairUseNews14,494 views
- 2:04 Ron Paul Ad - US National Debtby McShamusProductions31,235 views
- 6:54 Lindsey Williams Special Report: America Will Default on It's 14+ Trillion Dollar Debtby RatedRAli7,585 views
- Loading more suggestions...