Skip to comments.The 18 Trillion Dollar Debt, the Biggest Heist on American Citizens in History
Posted on 01/23/2016 4:48:31 AM PST by HomerBohn
At the end of Obama's second term, it is estimated the national debt will be 20 trillion dollars. Most of this money has gone to frivolous spending by the Federal government, as well as been stolen by various government officials, using the excuse that astronomical sums of money are missing.
In the computer age, it would be impossible to lose a trillion dollars, unless it was purposely lost to cover the theft of it.
In looking at the numbers, we find that most of the 20 trillion debt is accountable in lost funds.
Since 9-11, the US has spent 6 trillion dollars on the war on terrorism. When everything is taken into account, we find massive frivolous spending. From various wars that have accomplished nothing to a massive increase in security measures that, for the most part, only scrutinize American citizens, not international terrorist groups.
The day before the events of 9-11, Secretary of Defense Donald Rumsfeld announced that the Pentagon essentially lost 2.3 trillion dollars.
On February 28, 2011, Congressman Alan Grayson posted news of 9 trillion dollars missing from the Federal Reserve.
Obama, Geithner and the missing six trillion dollars.
2003, Pentagon missing 1 trillion dollars.
Almost 2 billion dollars of gold bullion missing from storage vaults under WTC after 9-11.
8000 tons of gold missing from Fort Knox.
The 8000 tons of gold broken down into ounces comes out to about 256 billion dollars.
Money wasted on climate change lie since 1993 to now amounts to close to 200 billion dollars.
The Affordable Care Act has already cost the country over 250 billion dollars, even with the outrageous rates and taxes associated with it. By 2025, it is estimated the total cost of Obamacare to be around 1.3 trillion dollars.
No matter how you look at it, the US has such an astronomically high National debt of around 19 trillion dollars admitted.
Currently, adding the trillions simply missing and the trillions wasted by the Federal government on frivolous spending, we have a sum of over 24 trillion dollars. In taking only the missing trillions into consideration we have just over 18 trillion dollars, almost exactly the same as the admitted current National debt. Thus, what we have here is a case of our so-called elected officials massively ripping us off while wasting our money at the same time.
The heist our government officials in Washington have pulled off on the American people is treasonous. With this in mind, one can see how most politicians will vote against the will of their constituents in favor of the socialist agenda because some of the missing trillions are being used as bribes.
The National debt is the biggest heist perpetrated on the American people in history, and by their own government.
BOTH of our parties are completely sold out.
Trump is the only one standing up for America.
“...clueless, inane Americans...”
...or a bunch of people in the electorate knowingly voting for goodies from the treasury.
(We have met the enemy and they is us.)
Trump knows all about it.
Just wipe them debts clean.
How could it be worse than it is now?
A CLEAN slate! :-)
Scare the $hit out of them :-)
There was a story in the National Tatler in 1974 that David Rockefeller bought the gold that was in fort Knox through back channels at the federal reserve. This story was relayed to them from an anonymous source that overheard Nelson Rockefeller telling the story. Nelson Rockefeller’s executive assistant (59 yo Louise Auchincloss Boyer grandaughter of Col House (the real president during Wilson’s presidency that brought us the fed) and cousin to Jackie (Auchincloss) Kennedy was later found to be the source and died from a fall from her hi-rise apartment in NYC three days later.
The 18 trillion number is pure propaganda. The true number is closer to 250 trillion.
Reminds me of the bogus 12 million illegal alien number the media has been feeding us for the past 30 years. That is closer to the number of illegals entering the country every year.
Wasn’t that (1974) the last time any media were allowed inside the vault at Ft. Knox?
You mean like the Clintons and now the Obummers?
He has all the money he needs. He doesn’t want to grab more.
Possibly. I like Trump but I am not convinced that he will do what is necessary. Step 1) Audit the Federal Reserve. Step 2) Audit the entire federal Government Step 3) Try and imprison or execute those who have committed crimes.
Interesting. What’s equally interesting is that when the increase is calculated as a percentage increase over Obama’s 8 year term, it is 87.8%. Reagan’s increase was 186.7%
I don’t know when the last person saw the gold at ft knox.
I think America’s been looted by the oligarchs. Ft Knox is just one example.
Reagan’s problem was spending by congress in the 1980’s. Looking at the revenue side of the ledger tells the real story. In 1980 revenues to the US treasury were around $500B annually. By 1988 that had almost doubled to $1T annually. An amazing fact that was the results of tax cuts lowering the top marginal rates.
Again...how can you be so sure? Just because he said it? Foolish assumptions!
I’m fairly certain the debt is more than that. Just because it’s been frozen does not mean it has stopped growing.
I knew from the very onset our country was being set up. It’s beyond me how so many people in this country were so naive and ignorant to buy into these commies. But some people will do anything for a freebie, even if it means selling out their country. I think there will be a special place in Hell for these people regardless of their so-called claim to ignorance. You can’t fix greedy narcissism.
America National Lottery
Jackpots well over a billion dollars.
All 50 states, portion goes to a national dividend check if no winners. Jackpot is capped at 100 million, anything over goes back to the national treasury.
Because i believe no single mortal person should or could spend a billion $$$$.
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