$2,573,708,000,000: Federal Spending Sets Record Through April - cnsnews.com
Excerpt from this article:
"At the same time that the Treasury was spending the most it has ever spent in the first seven months of a fiscal year, it also ran a deficit of $530,870,000,000"
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Someone once said...
"A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers 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)
And
"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." (Source)
And
"If you knew that you could live in luxury for the rest of your life but that by doing so it would absolutely destroy the future of your children, your grandchildren, and your great-grandchildren, would you do it? Well, that is exactly what we are doing as a nation. Over the past several decades we have stolen $15 trillion dollars from future generations so that we could enjoy a dramatically inflated level of prosperity. Our 15 trillion dollar party has been a lot of fun, but what we have done to our children and our grandchildren has been beyond criminal. We ran up the greatest mountain of debt in the history of the planet and we are sticking them with the bill. Sadly, both political parties have been responsible for the big spending that has been going on (Source)
Excerpt from this article:
"At the same time that the Treasury was spending the most it has ever spent in the first seven months of a fiscal year, it also ran a deficit of $530,870,000,000"
----------------------------------------
Someone once said...
"A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers 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)
And
"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." (Source)
And
"If you knew that you could live in luxury for the rest of your life but that by doing so it would absolutely destroy the future of your children, your grandchildren, and your great-grandchildren, would you do it? Well, that is exactly what we are doing as a nation. Over the past several decades we have stolen $15 trillion dollars from future generations so that we could enjoy a dramatically inflated level of prosperity. Our 15 trillion dollar party has been a lot of fun, but what we have done to our children and our grandchildren has been beyond criminal. We ran up the greatest mountain of debt in the history of the planet and we are sticking them with the bill. Sadly, both political parties have been responsible for the big spending that has been going on (Source)
Recommended reading:
Federal Spending Hits Highest Level Since Bank Bail Out and Obama Stimulus - cnsnews.com
Endgame: Starting in 2024, All US Debt Issuance Will Be Used to Pay Interest on Us Debt - zerohedge.com
America's Apocalyptic Debt Crisis: 63 of America's Largest 75 Cities Are Completely Broke - zerohedge.com
Republican House Increased National Debt $7.9 Trillion in 8 Years - cnsnews.com
Federal Spending Hits Highest Level Since Bank Bail Out and Obama Stimulus - cnsnews.com
Endgame: Starting in 2024, All US Debt Issuance Will Be Used to Pay Interest on Us Debt - zerohedge.com
America's Apocalyptic Debt Crisis: 63 of America's Largest 75 Cities Are Completely Broke - zerohedge.com
Republican House Increased National Debt $7.9 Trillion in 8 Years - cnsnews.com
