[nascarnation]

Actually he’s correct.
America is bankrupt.
We just haven’t had to face the reality yet because the govt and Fed are somehow able to continue the charade of borrowing and bogus low interest rates.

[Steely Tom]

We just haven’t had to face the reality yet because the govt and Fed are somehow able to continue the charade of borrowing and bogus low interest rates.

I think at least part of the answer to the mystery lies in the fact that they own the printing presses.

[cripplecreek]

Our government certainly needs to live modestly. We talk about a Reagan Revolution but what we really need is a Coolidge Revolution. That man was known to serve bologna sandwiches to foreign dignitaries because it was paid for by taxpayers.

Coolidge speech on the cost of government and the burden imposed on taxpayers.