Posted on 12/27/2022 8:37:46 AM PST by SeekAndFind
Clearly not Americans who will be left holding the debt. This is an intentional, concerted, attack by Globalists.
You mean like how we are CURRENTLY paying off the losses in the underfunded public and union pension plans?
This is the cure coming our way. Prepare for rebuilding.
A debt crisis and fiscal collapse is really the only way to contain Fed.gov
Even then, it will be 50/50. At that point, the FBI and deep-state will go full Stalin to maintain power.
We passed the ‘death spiral’ phase years ago.
The principal on the debt cannot be paid let alone servicing the interest.
A grave too deep to climb out of.
It’s over.
cue up NESARA and GESARA
Since it crossed the $30 TRILLION mark, neither politicians nor the media even mention the national debt. I strongly suspect that most of the pinheads and crooks in congress even know what it is.
“ You mean like how we are CURRENTLY paying off the losses in the underfunded public and union pension plans?”
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And GIVING TENS OF BILLIONS to Ukraine and Zelensky at the behest of the globalists?
I think we need to look at the demise of the Soviet Union for some clues to our future.
There is a reason for this.
The unpayable debt was created by our leaders in Washington because they wanted to.
That is why they voted to create it.
If they had not wanted it, they would have voted against it.
And the voters obliged them. They loves them that pork, and their entitlements. You see how fast you go down if you suggest taking them away.
"The national debt is a "rapidly growing death spiral""
The national debt is based mostly on unaccountable, unconstitutional, peacetime federal spending imo.
"Congress is not empowered to tax for those purposes which are within the exclusive province of the States." —Justice John Marshall, Gibbons v. Ogden, 1824.
“If the tax be not proposed for the common defence, or general welfare, but for other objects, wholly extraneous, (as for instance, for propagating Mahometanism among the Turks, or giving aids and subsidies to a foreign nation, to build palaces for its kings, or erect monuments to its heroes,) it would be wholly indefensible upon constitutional principles [emphases added].” — Justice Joseph Story, Commentaries on the Constitution 2 (1833).
If this were a better world, lawmakers who voted in support of Pelosi's unconstitutional omnibus bill would be removed from office under Section 3 of the 14th Amendment for open rebellion against the Constitution imo.
"14th Amendment, Section 3: No person shall be a Senator or Representative in Congress, or elector of President and Vice President, or hold any office, civil or military, under the United States, or under any State, who, having previously taken an oath, as a member of Congress, or as an officer of the United States, or as a member of any State legislature, or as an executive or judicial officer of any State, to support the Constitution of the United States, shall have engaged in insurrection or rebellion against the same, or given aid or comfort to the enemies thereof [emphases added]. But Congress may by a vote of two-thirds of each House, remove such disability."
“Cherish, therefore, the spirit of our people, and keep alive their attention. If once they become inattentive to the public affairs, you and I, and Congress and Assemblies, judges and governors, shall all become wolves [emphasis added]. It seems to be the law of our general nature.” - Thomas Jefferson (Letter to Edward Carrington January 16, 1787)
“And the voters obliged them. They loves them that pork, and their entitlements. You see how fast you go down if you suggest taking them away.”
Yes, you are right about that.
That is why a lot of people think we are done.
Yes, but we’re too far gone to fix the problem at this point. So it’s not a question of “will we go bankrupt?” but “when will we go bankrupt?”
Nobody cared enough to do anything when we actually had an opportunity to still fix it, and now it’s too late so you might as well not worry about it and enjoy the ride.
Too late, the last chance to solve this was with Perot.
We actually had a budget SURPLUS Just 25 years ago when Newt Gingrich was speaker of the House.
That was about year after Bill Clinton said : “The era of big government is over” in his SOTU speech.
Can you give us the source for your tables? Thanks! 😊
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