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Originally Posted by Guest
Not to worry, your taxes will not go up. The bill for this spending will go directly to your grandchildren. Not many people really care so that is the route the country always takes. That is where the votes are. IMO
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Yup...they "borrow" $1.5 TRILLION each year to give away.
They also "roll over" (re-borrow) all the previous debt that comes due.
This country is literally bankrupt, only kept alive by greater fools willing to lend us more "money".
That's the beauty of fiat currencies...they have no value, they can be borrowed and printed at will. It's quite the system. "Money" is nothing but numbers on a computer screen and printed pieces of paper.
Add fractional reserve banking that depends on growth, and you have a disaster in the making.
Quote:
Originally Posted by Guest
Haven't seen so much clapping since I visited Sea World and watched the seals perform. You're not retired from Sea World are you?
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Shamu the whale...got too heavy, couldn't jump any more...they let her go.