Sunday, May 02, 2010

Is Washington Bankrupting America?

Answer is yes.  Must see Youtube.
Tragic stats:  US Unfunded future liabilities equal:
  • 5 X the value of all homes 
  • 9 X the value of all personal income
  • 2 X the value of every item that people own in the country
Even if we sold ourselves to China, lock stock and barrel, we wouldn't have the money to pay off the promises our government has made.  This analysis of course excludes current spending and outstanding debts which are soaring.

I think the key is slavery - sell our children into human bondage, that way we'll get enough money.  Wait, isn't that what we've done?

The state is not benign, it is a ravenous predatory beast, poisoning everything and everyone it comes into contact with.  Kill the beast.

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