April 12, 2025
The Sinking Ship
Timothy Birdnow
Yes, the good ship America is grinding against an iceberg as we speak. All that ice for cocktails may be nice to the upper class but in the end they will have to don life jackets and most of them will freeze in the frigid waters (no, that's not a reference to Hillary Clinton).
From Just the Facts:
In other words they own us lock, stock, and barrel (which we will soon be using as trousers.) We have taxpayer slavery to pay for all this, even if the IRS claims taxes are "voluntary".
The Democrats love the word sustainable; this is as unsustainable as it gets. But then that was the plan all along, to bankrupt the Western World and the U.S. in particular to empower a truly global government in the form of the U.N.
Yes, the good ship America is grinding against an iceberg as we speak. All that ice for cocktails may be nice to the upper class but in the end they will have to don life jackets and most of them will freeze in the frigid waters (no, that's not a reference to Hillary Clinton).
From Just the Facts:
"The Treasury report, quietly released in January, shows that if the federal government reported its finances in the same manner that large corporations are required by law to report theirs, the primary measure of federal red ink wouldn’t be $36 trillion in national debt but $143 trillion in debts, liabilities, and unfunded obligations.
This staggering figure equals 85% of all the wealth Americans have accumulated since the nation’s founding. It also equates to an average burden of $1.1 million on every household in the nation.
Unlike other measures of federal finances that cover an arbitrary period, extend into the infinite future, or ignore government assets, the figure of $143 trillion applies strictly to Americans who are alive right now and accounts for the value of the government’s commercial assets. Thus, it quantifies the full federal financial burden on today’s Americans.
This staggering figure equals 85% of all the wealth Americans have accumulated since the nation’s founding. It also equates to an average burden of $1.1 million on every household in the nation.
Unlike other measures of federal finances that cover an arbitrary period, extend into the infinite future, or ignore government assets, the figure of $143 trillion applies strictly to Americans who are alive right now and accounts for the value of the government’s commercial assets. Thus, it quantifies the full federal financial burden on today’s Americans.
In other words they own us lock, stock, and barrel (which we will soon be using as trousers.) We have taxpayer slavery to pay for all this, even if the IRS claims taxes are "voluntary".
The Democrats love the word sustainable; this is as unsustainable as it gets. But then that was the plan all along, to bankrupt the Western World and the U.S. in particular to empower a truly global government in the form of the U.N.
Posted by: Timothy Birdnow at
08:50 AM
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