[C210N]

I'm actually very optimistic for the consequences. We need the debt to crash to bring forth NESARA, and shed the shackles we've essentially had to Banksters and the private FED.

This has been known for sometime - Reagan setup the Grace Commission. The IRS funnels form 1040 taxes to pay interest, while not a plug nickel of 1040 funds goes to fund ANY government program. All federal spending derives from new borrowing or sources other than taxes.

[eyeamok]

All federal spending derives from new borrowing or sources other than taxes.

You are correct, and I find it amazing how ignorant the public really is on this subject. Tax Revenue has NOTHING to do with Spending. I find at best 1 out of a 1000 actually understand how the game works. It is Impossible to PAY down even a Nickel of Federal Debt without Imploding the Economy, the only way out is complete dissolution.