Monday, February 12, 2018

Fact Check: Does the Federal Government Borrow $1 Million Dollars Every Minute?

Fact Check: Does the Federal Government Borrow $1 Million Dollars Every Minute?  - thedailysheeple.com

Excerpt from this article:

"Verdict: True
The annual federal deficit has averaged more than $1 million per minute since fiscal year 2016 and is projected to reach around $2 million per minute in FY 2019."
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Talk show host and constitutional scholar Mark Levin has 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 reading (Headlines from the last administration):

Ponzi: Treasury Issues $1,000,000,000,000 ($1 Trillion) In New Debt In 8 Weeks - To Pay Off Old Debt! - cnsnews.com


Recommended podcast and sermon:



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How I Found Christ?

 How I Found Christ? by Charles Spurgeon (1834-1892)