The 56 Trillion Dollar Debt Inheritance

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The official national debt is briskly approaching $12 trillion, getting $5 billion closer by the day, while the real national debt has already surpassed $56 trillion.  Though cloaked in fear, this clip makes the point rather clearly.  It's also the point 6-year-old Sam made so eloquently.  When today's teenagers learn what happened to their futures without consent, expect an assault on entitlements in response.  Book it.  Runs 32 seconds.

• ATTORNEY: My sincere condolences upon the passing of your loved one.  Upon review of the will, your grandfather has bequeathed to you, this stack of bills!

• NARRATOR: Our govenment's irresponsible programs will leave our country buried under 9 trilliion dollars in new spending with no plans for payment, shackling our children with an inheritance of debt.

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Comments

[Ain't Bullshittin']

Look at the bright side kid...least you know you are screwed from the get-go. We were taught hard work and ethics would be rewarded....LMFAO......AB

[Ken]

OBAMA spins lies:

Here is Chicago mob shill spins

http://www.youtube.com/watch?v=ByWS5UY4Lts&NR=1

[Ken]

Criminal Bankers Explained,JAIL NOT BAIL!!
By cuthulan

WE THE PEOPLE (taxpayer) are currently bailing out a bunch of CRIMINAL FRAUDSTERS!!! They are doing this with the help of CRIMINAL POLITIONS!!

These bankers are not only crminals,thieves and fraudsters BUT hypocrites and liars. If these people believe in FREE MARKET economics then these people would be BUST!! The world however would still be turning and the economy recovering.HOW?

Well the unprofitable and incomptant banks(“Wall Street” and “the City”) would of gone bust ,the professional and compitant banks(Credit Unions and Chinese and Saudi banks etc.)would survive AND THRIVE!! HOW?


http://cuthulan.wordpress.com/2009/10/11/criminal-bankers-explainedjail-not-bail/

[gobias]

KEN, WHAT THE FUCK...

JUST POST IT ONCE.

[DailyBail]

wassup AB...good to see you...

[DailyBail]

In 2006 Congress was debating whether to authorize increasing the size of the national debt. A freshman senator addressed his colleagues: "The fact that we are here today to debate raising America's debt is a sign of leadership failure."

Three years later, a couple of things are different. That senator is now President Barack Obama, and the national debt is nearly 50 percent larger than before. At least one thing hasn't changed, however - in the coming weeks the Senate is expected to vote on yet another increase in the federal debt ceiling.
http://www2.tbo.com/content/2009/nov/02/na-raising-the-debt-ceiling/news-opinion-commentary/

[DailyBail]

Defeat The Debt
http://defeatthedebt.com/media-center/#pr_090109

[Sell Short]

This website should be a mandatory project for every single university starting class!!!

[Cuthulan]

Hi Ken ,Thank you for linking my post. Here are some more you might find interesting ,if people are getting bored of the same post.
Credit Crunch a re-run of the 1933 attempted fascist coup of America,by the very same people Wall Street and the Bush family.
http://cuthulan.wordpress.com/2009/09/22/the-fedbank-bailouts-and-fascist-coups-the-great-depressionnaziscommies-and-the-bush-family/
A short history of government traitors ,terrorists and drug dealers.
http://cuthulan.wordpress.com/2009/09/02/governments-traitors-terrorists-and-drug-dealers/
Long term government terrorists still in power.
http://cuthulan.wordpress.com/2009/10/05/us-government-terrorists-still-in-power-iran-contra-to-911/
Government still making a killing on War and the bailout. Congress is 44% millionaires with portfolios that need looked after! The rest are on the take...
http://cuthulan.wordpress.com/2009/10/12/us-government-making-a-killing-on-war/
A short history of global domination
http://cuthulan.wordpress.com/2009/09/02/a-short-history-of-global-domination-or-rockefella-rothschild-and-the-capitalist-communist-nwo-con/
Today's REAL POLITIC Libertarian vs Authoritarian.
http://cuthulan.wordpress.com/2009/11/04/libertarian-vs-authoritarian-todays-real-politic/

btw Daily Bail ...nice blog.. keep up the good work and keep spreading the word!!

[Jennifer]

Spam removed.

[Sell Short]

spam alert above!!

[gobias]

Burning Man Obama...what is that all about?

[Ken]

@Cuthulan

Roaring salute for fighting against TYRANNY

Everyone give hell to Barney Frank

Post@
http://financialservices.house.gov/contact.html

Obama@
http://www.whitehouse.gov/CONTACT/

DODD@
http://banking.senate.gov/public/index.cfm?FuseAction=Contact.ContactForm

[Change you can't believe in]

Hey, you people voted for a semi-illiterate RETARD not once but TWICE. And you continued to support him even AFTER he invaded the wrong country. And started legalizing torture. And started curtailing civil rights. And failed to find the REAL culprits that attacked us.
THEN at election time you OVERWHELMINGLY ignored the ONLY candidate who had predicted this fiasco LONG AGO and who actually HAD a plan to resolve it (R Paul) and instead you decided to go with someone with absolutely NO track record AT ALL, hoping that someway somehow in his immense naivete he miraculously represented 'real change'.

And in a way he did because thanks to the corrupt bastard and his buddies ..we are now Venezuela, camaradas. Si se puede!

[gobias]

Change...you certainly are the typical Ron Paul supporter.

Dailybail, James, Gomp...he is one of you. Way to go!

Change, I see that you have not escaped high school yet. Maybe you should wait a few years for your skull of mush to fully form before you take any real political positions.

Dailybail...I see that one of your chickens has come home to roost.

[Ken]

Gobias

My Economic Guru

http://www.ravibatra.com

I am Dr. Ron Paul Supporter too

Seems you don't like Dr. Ron Paul?

Can you reveal your thoughts?

[Ken]

read this folks:

Thus, Reagan was the first Republican socialist - and a great one, because his wealth transfer occurred on a massive scale. His accomplishment dwarfs even FDR's, and if today the small businessman suffers a crippling tax burden, he must thank Reagan the redistributionist. However, FDR took pains to help the poor, while Reagan took pains to help the wealthiest like himself.
http://www.truthout.org/032009R

http://www.ravibatra.com

conclusion: one party nation

DEMOPUBLICANS= DEMON RATS +REPO CONS

[gobias]

Ken, what is with the silly link...do you get money for posting that?

[Ken]

An essential step toward our
Sat, 03/21/2009 - 15:31 — the lion (not verified)
An essential step toward our society becoming more fair and unified is to have a tax system which is based on consumption not income. Income is subject to definition by the political class and their enablers. This power is used to divide the people and to retain and enhance the power of the political class( elected officials, their appointees, academics, media, like minded business) . This political power is exercised to reward their friends and punish their enemies thereby creating more power for themselves and dependency of the people. This cycle can only begin to be changed by changing the federal tax code. The FairTax (fairtax.org) is a replacement for the current income/payroll tax system. It is revenue neutral, provides a prebate which mitigates the tax on essential goods and services, has no exceptions or exclusions, is transparent, visible, and more progressive than the income/payroll tax system it replaces. Go to the website (fairtax.org), learn about the FairTax, think about the impact it will have on our nation, read the research upon which is based, consider the benefits it will create in our current financial crisis ( wage earners will receive all their earnings each pay-period without any with holding for income /payroll taxes). The FairTax is transformational. Study and learn and then advocate for the FairTax

[Ken]

Matt Renner: What is the wage-productivity gap and how does it affect the health of an economy?

Dr. Ravi Batra: The wage-productivity gap is the gap between the real wage and labor productivity. The real wage is the purchasing power of the average salary. If productivity rises fast and the real wage rises slowly, then a wage-productivity gap develops and grows.

MR: When there is production and wages don't keep pace, what is the result?

RB: Productivity is the main source of supply, whereas wages are the main source of demand. If this wage-productivity gap keeps rising over time, supply will rise faster than demand and then we face the problem of overproduction.

Many like [former Federal Reserve Chairman Alan] Greenspan and other economists love the productivity rise, but if it leads to overproduction, that leads to high unemployment such as we are seeing now. Overproduction is a disaster and it leads to depressions.

If businesses don't sell what they produce, they lose money, and when they lose money, they have to lay off people.
http://www.truthout.org/031609A

[gobias]

Ken, do you have any thoughts of your own?

[Ken]

Gobias

Ken, what is with the silly link...do you get money for posting that?

Can you elaborate?

what is silly about the link?

Dr. Ravi Batra:

Predicted Soviet Union Collapse
Predicted in a book: Pooring Of America
Stripped naked :Greespan Fraud

He is humble and spiritual professor

[Ken]

Gobias.................lol

I do.................

What is yours?lol

[Ken]

Gobias

Reveal yourself and explain, how USA Republic can be saved from going broke aka Bust soon?

thinker?lol

Reveal it all Gobias now

[gobias]

You laugh but I don't hear anything original.

[Ken]

Gobias

Reveal yourself and explain, how USA Republic can be saved from going broke aka Bust soon?

thinker?lol

Reveal it all Gobias now

[gobias]

"There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don't know. But there are also unknown unknowns. There are things we don't know we don't know."
Donald Rumsfeld

[Ken]

Gobias

"There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don't know. But there are also unknown unknowns. There are things we don't know we don't know."
Donald Rumsfeld

It reveals: you are confused and indecisive to take any actions

[S. Gompers]

"Change...you certainly are the typical Ron Paul supporter.

Dailybail, James, Gomp...he is one of you. Way to go!"


I voted for one of those other candidates that you are unaware of... because you vote a party ticket, hence you are oblivious to the fact that anything other than what the party tells you exists...

[S. Gompers]

"There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don't know. But there are also unknown unknowns. There are things we don't know we don't know."
Donald Rumsfeld


Rummy had his face firmly in the lap of Saddam years ago, the goo ate his brain.

[gobias]

Yes Gomp, your vote doesn't count unless it takes away from a candidate who might actually win. Good work.

[gobias]

Do I have you to thank for Obama getting elected? Such a rebel.

[S. Gompers]

No, you have Mccain to thank for that. It's hard to pretend to be all "mavericky" with a 90% voting record for King George, and the Keating 5 under his belt. Even you had better choices in the primaries.

The only vote that does not count is the vote not caste. I'll continue to vote for the best man, instead of the lesser of two evils like a good herd animal.


"Only two things are infinite, the universe and human stupidity, and I'm not sure about the former."
-- Albert Einstein

[Ken]

CRIMINAL WASHINGTON RULERS

USA=TURNED INTO PONZI SCAM NATION BY YOU FUCKING CRIMINAL RULERS

only in America where your reporter and financial analyst can make record bankruptcy, foreclosures and unemployment figures sound like good news

WALL STREET LAST HURRAY PENSION LOOT WITH GARBAGE SCAM CORPORATE NON DIVIDEND STOCKS STACKING VIA MUTUAL FUND TERRORIST CROOKS...............

AND REAL ECONOMY: IN THE TOILET FLUSHING INTO HELL

YOUR CRIME=HIGH TREASON
JOBLESS CONSUMERS CAN'T MAKE A PAYMENT AT ZERO INTEREST
the wall st SCUM wiped out the economy with their greedy gambling schemes,
got bailed out by tax payers thanx to BUSH PAULSON< COX<,OBAMA,BARNEY,GEITHNER,SUMMERS
and now are getting trillion $ LOANS at 0% while lending bailout $$ at 10-30% to struggling americans!!!
the founding fathers would NOT ALLOW this FRAUD ON THE CITIZENS!!
both repubs and dems got payouts for years and this is why this has happened to the us,

ALL INCUMBENTS IN SENATE AND CONGRESS NEEDS TO BE TRIED FOR HiGH TREASON CRIME NOW



"Hooray taxes! Taxation, we can tax. I don't understand why liberals aren't more excited about this opportunity to tax. Yeah taxes! We can tax. Tax. tax. tax. It's a panacea, a silver bullet. It's Dr. Brown's one drink elixir! "

And the beat goes on...do people ever stop to realize these pathetic no talents represent us? To the world? More importantly, to ourselves and our children? How can you look at Mr. Frank,Chris Dodd and tell yourself you're proud to have him represent you?


In a Time of Universal Deceit Telling the Truth is a Revolutionary Act
http://www.marketoracle.co.uk/Article14967.html

[S. Gompers]

"Yes Gomp, your vote doesn't count unless it takes away from a candidate who might actually win. Good work."

So the goal is to be able to say I voted for the winner, no matter what he or she is. I guess I missed that in Federal Government class in High School. I thought it was about voting for what is best for the nation, and so I have always voted for a return to sound money, and a few other things.

You should be proud, always voting for who the banker boys tell your party to vote for. And same for the other party, rogues one and all.

[S. Gompers]

Did you know that in the book The Wizard of Oz, Dorothy wore silver slippers. It was only in the movie that she wore ruby red, the solution may be found in the Wizard of Oz...

[S. Gompers]

Just goes to show, you can lead a horse to water, but you can't make him drink. Many times they would prefer to run back into a burning barn, gotta go...