U.S. Debt Holders
Submitted by Windcharmer on Tue, 05/19/2009 - 10:35I have heard the statement that "every child born in the U.S. is born owing over $30 thousand". Here are the biggest note holders. This is for whom future generations will be wage slaves.
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Perhaps, WE...
should just FORGIVE our DEBT. That's right...write it off and start over.
Can't do it? Why not? We write off Israel's multi billion dollars debts all the time? And what about all these other counries that "owe us?"
Well...
Technically, every child born in the US right now is saddled with $147,000 in future obligations at time of birth That is before Obama's ~oblivion and beyond~ financial decisions thus far.
When they quote the number $30,000, they do not figure in entitlements... social security and medicare. The entitlements portion of our US debt is also not noted in its own deficit.
We are over 70 trillion in debt at this point just on those programs and future obligations. The real-estate value of the planet is 75 trillion.
The math is not too good.
~Live life to its fullest, with an open heart, open arms and most important... an open mind~
Are you claiming responsibility for that debt?
Did you spend that money and incur that debt? Or did the government spend it? How does an unborn child spend money?
How can the unborn be saddled with a debt unless they are SLAVES?