NoRuler.net

No Government, No Force

Tag: National-Debt

August 2nd Default will be blamed on the Republicans!

Note, this is updated from my original post of July 2011.

“The world as we know it may very well end on August 2nd. This won’t be the end of the world in a metaphysical or spiritual sense, but rather in a financial and economical one because of the incredible, almost unbelievable stupidity of the extreme members of the Republican Party. These wing-nuts…” If you care to read more of that diatribe we provide you a link.

But August 2nd passed and put off the Great Collapse to some unknown time we cannot know, but remains inevitable. Are you ready to become extinct or what?

U.S. has $61.6 Trillion in Unfunded Obligations; $534,000 per Household

The federal government’s financial condition deteriorated rapidly last year, far beyond the $1.5 trillion in new debt taken on to finance the budget deficit, a USA TODAY analysis shows.
The government added $5.3 trillion in new financial obligations in 2010, largely for retirement programs such as Medicare and Social Security. That brings to a record $61.6 trillion the total of financial promises not paid for.

What Budget?

I apologize for posting the article below in this way, but as yet the website doesn’t quite have it’s act together, yet has good writings.? There are flaws in it’s linking which make it quite impossible to get a link directly to any certain article.? But this brings to us a very important point which […]

WHEN IS CIVIL WAR WARRANTED?

Let it be said at the outset that nobody wants war, nobody wants division that war would bring, and nobody wants anybody else hurt.  Yet…….things are occurring that could very well lead to civil war within the United States and no public figure has even admitted such is possible, at least as far as I […]

CNSNews.com – Economic Forecast is ‘Smoother’ than Reality

CNSNews.com – Chief Treasury Economist Says White House Economic Forecast is ‘Smoother’ than Can Be Expected in Reality. (entire article reposted here – please comment!) Alan B. Krueger, U.S. Assistant Secretary of the Treasury for Economic Policy Tuesday, September 08, 2009 By Matt Cover (CNSNews.com) – Alan Krueger, assistant secretary for economic policy and chief […]

NoRuler.net © 2017 Sharing and Reposting are welcome; we expect due credit to Author and NoRuler.net Frontier Theme