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The scary actual U.S. government debt

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posted on Oct, 29 2010 @ 07:33 AM
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Originally posted by SupremeKnowledge
What is the government's plan to pay back this debt?

I cant believe no one in "Main Stream Media" or The Government has even asked any questions about it or even talked about it at all,

Anyways,
According to those numbers Annual GDP is about 24 billion per year,
If you took 1/4th of the annual GDP or 6 billion a year and used it to pay back the debt,
The debt would be fully paid off in 48 years,


With 1/4 of the GDP going to repaying debts;
The US will have to adjust to using only 3/4 of annual GDP


I'm not getting your numbers - I might've not had enough coffee this morning.

$200 TRILLION divided by $6 BILLION = not 48 years (sorry, I'm being lazy)...

Are you also assuming no additional debt in those years? What about interest on the debt?



posted on Oct, 29 2010 @ 07:41 AM
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Originally posted by Iamonlyhuman

Originally posted by SupremeKnowledge
What is the government's plan to pay back this debt?

I cant believe no one in "Main Stream Media" or The Government has even asked any questions about it or even talked about it at all,

Anyways,
According to those numbers Annual GDP is about 24 billion per year,
If you took 1/4th of the annual GDP or 6 billion a year and used it to pay back the debt,
The debt would be fully paid off in 48 years,


With 1/4 of the GDP going to repaying debts;
The US will have to adjust to using only 3/4 of annual GDP


I'm not getting your numbers - I might've not had enough coffee this morning.

$200 TRILLION divided by $6 BILLION = not 48 years (sorry, I'm being lazy)...

Are you also assuming no additional debt in those years? What about interest on the debt?


That was a typo,
Its supposed to be 6 TRILLION,
not 6 billion,
I have already corrected it
and that was just a quick budget job, I didnt take into account the interest, inflation, and additional debt




Originally posted by SupremeKnowledge
What is the government's plan to pay back this debt?

I cant believe no one in "Main Stream Media" or The Government has even asked any questions about it or even talked about it at all,

Anyways,
According to those numbers Annual GDP is about 24 trillion per year,
If you took 1/4th of the annual GDP or 6 trillion a year and used it to pay back the debt,
The debt would be fully paid off in 48 years,


With 1/4 of the GDP going to repaying debts;
The US will have to adjust to using only 3/4 of annual GDP

6 trillion a year could easily be found leaking out of the government budget,
For example,
Tariffs on imported goods,
The war in Iraq (which is estimated to be at 2 billion per week!!!)
The occupation in Afghanistan,
Military black projects,
Mexican Immigrants not paying taxes,
Churches not paying taxes,
Importation of foreign oil,
The list goes on and on

With just the Iraq war alone, in 10 years the US has accumulated 800 billion in debt
edit on 29-10-2010 by SupremeKnowledge because: (no reason given)

edit on 29-10-2010 by SupremeKnowledge because: (no reason given)



posted on Oct, 29 2010 @ 08:44 AM
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reply to post by CitizenNum287119327
 


The threat is this, the elite at the top of the politiconomic food chain may have nothing to fear, but in order to maintain the appearance of law and international relations the United States will have to pay its debts, and by the United States of course I mean the taxpayers; not the wealthy ones mind you thanks to the soon-to-be permanent Bush Tax Cuts a la the Republicans' Pledge to America.

As Tocqueville observed

"The friends of democracy should keep their eyes anxiously fixed [on the manufacturing aristocracy]. For if ever again permanent inequality of condition and aristocracy make their way into the world, it will have been by that door that they entered."

Of course today the banking and financial sectors play an equal if not greater role than the megacorporations, but the point on a new serfdom/caste system is valid.



posted on Oct, 29 2010 @ 08:45 AM
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This did not get reported without someone's permission.

The question is why?

Fear is a good one, but that's not it.

There is no possible way to repay all the debt owed on this planet. The only hope is to consolidate it all and start from scratch.

Cue NWO intro music...



posted on Oct, 29 2010 @ 08:51 AM
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reply to post by Iamonlyhuman
 


I beleve the US has been bankrupt since 1933. The international bankers own the whole nation, and that we are their slaves. Study the Law.and research as I have done since the Federal Reserve was voted into play
"In 1938, all the higher judges, the top attorneys, and the U.S. Attorneys were
called into a secret meeting and this is what we were told: 'America is a bankrupt nation. It is owned completely by its creditors. The creditors own the Congress, they own the Executive, they own the Judiciary and they own all the State Governments. Take silent judicial notice of this fact, but never reveal it openly. Your court is operating under Admiralty Jurisdiction - call it anything you want, but do not call it "Admiralty."
SECTION 7: Admiralty Courts.
The reason they cannot call it Admiralty Jurisdiction is that your defense would be quite different in Admiralty Jurisdiction from your defense under the Common Law. In Admiralty, there is no court, which has jurisdiction unless there is a valid International contract in dispute. If you know it is Admiralty Jurisdiction, and they have admitted on the record that you are in an Admiralty Court, you can demand that the international maritime contract, to which you are supposedly party, and which you supposedly have breached, be placed into evidence.
No court has Admiralty/Maritime Jurisdiction unless there is a valid international maritime contract that has been breached.
So you say, just innocently like a lamb, "Well, I never knew that I got involved with an international maritime contract, so I deny that such a contract exists. If this court is taking jurisdiction in Admiralty, then place the contract in evidence, so that I might challenge the validity of the contract." What they would have to do is place the _national debt_ into evidence. They would have to admit that the international bankers own the whole nation, and that we are their slaves.
SECTION 8: Not Expedient.
But the bankers said it is not expedient at this time to admit that they own everything and could foreclose on every nation of the world.
[My note: DAMN RIGHT! "At this time" That is the KEY behind the building up of the UN as a MILITARY FORCE! That is the KEY to disarming America. That is the KEY to "ending" the cold war. Like now we have no more enemy, so we can melt all our guns. WRONG. The Bankers PLAN to foreclose, they just don't want their HEADS BLOWN OFF WHILE DOING IT, so they DICTATE to the "congress" to get rid of the guns." eg]
The reason they don't want to tell everyone that they own everything is that there are still too many privately owned guns. There are uncooperative armies and other military forces. So until they can gradually consolidate all armies into a WORLD ARMY, and all courts into a WORLD COURT, it is not expedient to admit the jurisdiction of the courts are operating under.
When we understand these things, we realize that there are certain secrets they don’t want to admit, and we can use this to our benefit. If you don't beleve this just do your homework people and wake up.



posted on Oct, 29 2010 @ 09:25 AM
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This is the issue right here! Not Rand Paul supporters stomping liberals, not UFOs over Manhattan, not the sun exploding..the fiscal problem, the denial the US government has been in since the late 70's. As the moderator pointed out on page one, it is the banking cartels that are largely to blame.

Read Kotlikoff's September article in Finance and Development here.

For you sheep who get headaches when faced with too many large words. Here's a video;



K



posted on Oct, 29 2010 @ 09:44 AM
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Originally posted by The Savage Khan
This is the issue right here! Not Rand Paul supporters stomping liberals, not UFOs over Manhattan, not the sun exploding..the fiscal problem, the denial the US government has been in since the late 70's. As the moderator pointed out on page one, it is the banking cartels that are largely to blame.


I agree entirely. I also believe that it's gotten almost to a point that they will not be able to hide it much longer. I do think we will begin to hear more and more about this right after the elections. The "event" everyone is expecting for November, I believe, will be a fiscal event. The market has it wrong at the moment, I sure wouldn't be investing in it right now, unless of course you knew exactly when to exit - which I don't.
edit on 29/10/2010 by Iamonlyhuman because: (no reason given)



posted on Oct, 29 2010 @ 10:40 AM
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Damn you "Illuminati"! Damn you!

$ 200-trillion?!?!??!




posted on Oct, 29 2010 @ 10:45 AM
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reply to post by Iamonlyhuman
 


Can you explain how the debt is $200,000,000,000,000 rather then $19,000,000,000,000?

Because the actual GDP debt is $12 trillion, plus the Freddie and Mac debt which is another $7 Trillion. Where does the rest come from?



posted on Oct, 29 2010 @ 11:06 AM
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reply to post by Equinox99
 


Our unfunded liablities are out of control - - Social Security and Medicare are the big expense that don't get factored into that rather benign $13.5 trillion number. Quite convenient for them...SS and MC are over $100 trillion alone.



posted on Oct, 29 2010 @ 11:30 AM
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reply to post by Iamonlyhuman
 


Unless the elites decide to pull the plug, the economy will go on with the massive printing of the dollars. They can decide to lose a bunch of wealth so that there is no collapse of the house of cards in the immediate future. They will pull the plug only when they feel safe and can get away without being inflicted with the collateral damage(s). The news of the US economy collapse has been with us since 1983.



posted on Oct, 29 2010 @ 11:47 AM
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Originally posted by Equinox99
reply to post by Iamonlyhuman
 


Can you explain how the debt is $200,000,000,000,000 rather then $19,000,000,000,000?

Because the actual GDP debt is $12 trillion, plus the Freddie and Mac debt which is another $7 Trillion. Where does the rest come from?


Read the article and you will discover the answer.



posted on Oct, 29 2010 @ 11:57 AM
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reply to post by Iamonlyhuman
 


wow thats crazy if they have spent that much really we should have superior tech and military like bada** stuff, wonder where it all goes



posted on Oct, 29 2010 @ 11:57 AM
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lol $200 trillion in debt, that is ridiculous. i once say a picture of how much a trillion will look like in cash notes of $100 stacking in at the height just over a man, it covers a football field lol. now imagine 200fields of that space of just pure cash, and with the decrease in dollar the fields will stretch further. Damn imagine human sight to the horizon covered by stacks of money lol. Swimming in it haha. Funny thought.

But to get real. Yeah that is some killer bankruptcy, whilst a country by the name as Iran is going through a very ecnomic boom, making tons of weath lol. Last time i checked, US wernt very happy wiht iran were they, i think they are playa haters haha.

Hmm it begs the question what is the US gonna do? Do i detect religious scriptures playing their prophecies out? cos last i checed i heard the final war will be waged in that direction, and a lotta countries would be involved....

Hmm only time will tell. If they gonna do something they gonna have to do it quick, theyll need to set up the NWO and connect the world banks pronto before the strongest power in the world falls to the weakest.
And wiht the pride of america, i really doubt them going down that route.

Just my two cents, and your gonna have to start collecting them


Peace and love guys, go invest in some gold!



posted on Oct, 29 2010 @ 12:11 PM
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To all those fighting the system... remember...

Even Neo had to go to Machine City, and give his own life to save the future of his people...

Will you give your life to save the future of your people, fighting the system, to the bitter end?

Or will you, complain about it, Or even worse, give in like some sheep, because fighing inflicts a wound on you too...



posted on Oct, 29 2010 @ 12:24 PM
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The numbers are totally irrelevant. They are something TPTB constantly throws around to distract you and get you arguing about non-issues so you don't have the time or energy to ponder the truth--monetary systems are designed to keep you under control. They are artificial social constructs developed to create predictable patterns of behavior that can be easily manipulated and managed.

Forget the debt, trade and other deficits, the devaluation of the dollar (as if it ever had any intrinsic value), the Dow Jones Industrial Average--all of it. Monetary systems, by their very nature, are the problem. We have to move past the self-defeating concept that one thing must be traded away in order to acquire something else. This planet has abundant resources--enough for everyone to have what they need to survive and be happy. Isn't that all we really want? Money fosters greed, corruption, egotism, materialism... which results in a falsely perceived need for government to protect us from all that, and in the end you get tyranny and live like a slave to these pigs.

Transcend the system.



posted on Oct, 29 2010 @ 12:30 PM
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reply to post by Iamonlyhuman
 


Very Well stated......thats exactly what will happen. As of now, its not a matter of "if", but simply a matter of "when".



posted on Oct, 29 2010 @ 12:39 PM
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From Australia - Hang in there America, We are coping the same # from our government. Blabbing there mouth and nothing getting done. They are more worried about their celebrity status at the moment and I think our current politics are a disgrace to all our countries. We need not a revolution, but a revamp. The question is how are we going to deal with them fairly, without their aggression towards true, honest civilians.

There time is up. They have ruined your country and the world far to long. Its time for the people to take back the power that was lost 1000s of years ago. If we keep going like this we will be slaves to them (not that we are not now) and it will be to late to even defend your family against these tyrants.

The only New World Order I would ever want to see would start with every politician today out on their asses.



posted on Oct, 29 2010 @ 01:08 PM
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The debt is a prime example of just how silly the monetary system is. How can you possibly have wealth when your debt surpasses your income? Because most money is just numbers in a computer system. $13.5 trillion to a government is just a figure but to the average person $10 is food for a day. Next time you get an IRS bill that says you owe back taxes and must pay or face a fine, think of the $13.5 trillion. The whole thing is one giant joke on the populace, staring you right in the face.

Why keep patching up the holes in a sock that should have been thrown out long ago?



posted on Oct, 29 2010 @ 01:09 PM
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Forgive my lack of knowledge on this subject.... But where has all the money gone? And who exactly do they owe?!



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