Ponzi: Treasury Issues $1T In New Debt In 8 Weeks - To Pay Off Old Debt - cnsnews.com
Excerpt from this article:
"The Daily Treasury Statement
that was released Wednesday afternoon as Americans were preparing to
celebrate Thanksgiving revealed that the U.S. Treasury has been forced
to issue $1,040,965,000,000 in new debt since fiscal 2015 started just
eight weeks ago in order to raise the money to pay off Treasury
securities that were maturing and to cover new deficit spending by the
government."
-------------------------------------------------
Mark Levin once said:
"You should view these politicians with the deepest contempt you can possibly imagine. What
they are doing to this country, what they are doing to our finances -
there is not a criminal in any federal prison, state prison, city or
county jail with respect to financial crimes of any sort who
collectively could have done the kind of damage that Barack Obama and
Harry Reid and Nancy Pelosi and yes, willing, timid, gutless Republicans
have done to this country! To your future, to your children and your
grandchildren. What they are doing is with malice and with forethought."
(emphasis mine) (source)
Someone once wrote:
"A democracy cannot exist as a
permanent form of government. It can only exist until the majority
discover it can vote itself largess out of the public treasury. After
that, the majority always votes for the candidate promising the most
benefits with the result the democracy collapses because of the loose
fiscal policy ensuing, always to be followed by a dictatorship and then
a monarchy." (Source)
Recommended [Black Friday] reading:
Senator McConnell: "Our Goal Is To Fund The Government"
Nancy Pelosi: I'm All for Balancing the Budget...in a Few Decades!"
The $17 Trillion Dollar Party
University of California Study: National Debt Really $70 Trillion
Explaining the Obama Economy to 6th Graders
If Your Outgo Exceeds Your Income Your Upkeep Will Be Your Down Fall
Recommended sermon:
When Government Tries to Be God, by Dr. David P. Murray
