Skip to comments.
NEW: U.S., CA Debt Explained in 3 min.
Calwatchdog ^
| 01/07/12
| John Seiler
Posted on 01/08/2012 5:27:17 AM PST by eyeamok
The following 3 minute video explains whats wrong with government debt. It specifically concerns the federal debt of $15.2 trillion (the number has gone up since the video).
But it also applies to Californias $500 billion debt for government-worker pensions.
Wheres all that money going to come from?
(Excerpt) Read more at calwatchdog.com ...
TOPICS: Business/Economy; Government
KEYWORDS: crushingdebt; debt; debtslavery; looting
Now this is a Commercial that should be shown on EVERY TV Station in America repeatedly, over and over. especially on children's shows
1
posted on
01/08/2012 5:27:20 AM PST
by
eyeamok
To: eyeamok
2
posted on
01/08/2012 5:35:03 AM PST
by
petercooper
(2012 - Purge more RINO's.)
To: eyeamok
Very good video, I sent the link to friends and family.
3
posted on
01/08/2012 6:01:46 AM PST
by
The Working Man
(The mantra for BO's reign...."No Child Left a Dime")
To: eyeamok
4
posted on
01/08/2012 6:07:55 AM PST
by
patton
("Je pense donc je suis," - My Horse.)
To: eyeamok
DC is looting the future labor of the people. It is nothing other than slavery.
5
posted on
01/08/2012 6:37:13 AM PST
by
omega4179
(We can't wait!............. for the end of an error.....1-20-13)
To: eyeamok
Very illustrative. The analogy falls apart when the banker advises the guy to ask his boss for a raise, and that part bothers me, implying government should raise taxes to balance the budget. Overall, a great video.
6
posted on
01/08/2012 6:38:49 AM PST
by
FrdmLvr
(culture, language, borders)
To: eyeamok
Sadly, I actually know people like this.
7
posted on
01/08/2012 7:11:12 AM PST
by
Vendome
(Don't take life so seriously, you won't live through it anyway)
To: eyeamok
OUTSTANDING video! Thanks for posting. I saw it a couple of days ago linked on zerohedge from poster Hiro Protagonist. I linked it on FR. BTTT!
8
posted on
01/08/2012 7:35:04 AM PST
by
PGalt
To: eyeamok
To: omega4179
"It is nothing other than slavery." It can't be illegal because it's
"The Law". Besides the chains will be covered in green velvet.
10
posted on
01/08/2012 9:20:14 AM PST
by
fella
("As it was before Noah, so shall it be again.")
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson