National Debt – We have all been lied to. For decades, the leaders of both major political parties have promised us that they can fix our current system and that they can get our national debt under control.
As the 2012 election approaches, they are making all kinds of wild promises once again. Well you know what? It is all a giant sham. The United States has gotten into so much debt that I believe there will be no coming back from this. The current system is irretrievably broken.
30 years ago the U.S. debt was a horrific crisis that was completely and totally out of control. If we would have dealt with it back then maybe we could have done something about it. But now it is 15 times larger, and we are adding more than a trillion dollars to the debt every single year
It wasn't good enough just to squander all of our own money. We had to squander the money of our children and our grandchildren as well. We have stolen the future of America, and the majority of people in America have their heads buried in the sand. All of this so-called prosperity that we see all around us is just an illusion. It is a false prosperity that has been purchased by the biggest mountain of debt in the history of the world.
If you added up all forms of debt in the United States and divided it up equally then every single family in the country would owe more than $683,000? Well we should all just write a check and sent it to Uncle Sam to pay off our debt!!!
The U.S. debt crisis threatens to destroy everything that our forefathers built. What would happen if the federal government suddenly adopted a balanced budget? Well 1.3 trillion dollars a year would be sucked right out of the economy and we would be looking at an "economic readjustment" that would be mind blowing.
Enjoy this false prosperity while you can, because it is not going to last.
