Business

This Chart of America’s Per Capita Debt Should Worry You

The Senate Budget Committee Republican staff under Ranking Member Jeff Sessions (R-AL) released this alarming graph Thursday morning:

Americas Per Capita Debt is Worse than Greece, Portugal, Ireland, Italy, Spain and FranceWhat does this mean?

Well, as the graph clearly indicates, America’s per capita government debt is worse than that of Portugal, Ireland, Italy, Spain, Greece (PIIGS), and France.

Get that? America’s per capita debt is worse than the PIIGS! You know, the countries primarily responsible for pulling the eurozone into financial catastrophe?

And it gets worse. As the Budget Committee notes, under the president’s plan, gross federal debt will reach $75,000 per capita by 2022.

Big deal. How important is this anyway?

Considering that per capita debt is a means of gauging the likelihood of a country’s ability to repay its debts, that is, it helps determine whether a country’s government bonds are at risk of default, we‘d say that it’s a pretty big deal.

Comments (180)

1 2 3 4
  • Vechorik
    Posted on February 23, 2012 at 5:20pm

    The Christian Science Monitor “Keen on slashing the national debt? Ron Paul is your man.”

    http://www.csmonitor.com/USA/Elections/President/2012/0223/Keen-on-slashing-the-national-debt-Ron-Paul-is-your-man

    Report Post »  
    • Vechorik
      Posted on February 23, 2012 at 5:25pm

      000000000000000000

      Bloomberg:
      “Paul Is Only GOP Contender Whose Policies Would Pare Debt, Analysis Finds”
      http://www.bloomberg.com/news/2012-02-23/paul-s-plan-would-lower-debt-while-rivals-wouldn-t-report-says.html

      Reason:
      “New Report on GOP Primary Contenders Says Only Ron Paul Would Reduce the Federal Debt”
      http://reason.com/blog/2012/02/23/new-report-on-gop-primary-contenders-say

      0000000000000000000000000 debt!

      Report Post »  
    • righthanddrive
      Posted on February 23, 2012 at 5:38pm

      Some say, Ron Paul is running so that Romney is the nominee and his son Rand Paul is the VP. That’s what some say. You can read it in the British newspapers.

      Report Post »  
    • ProbIemSoIver
      Posted on February 23, 2012 at 5:41pm

      Here is the truth about our debt.

      This has been substantiated, a thousand times over:
      http://www.youtube.com/watch?v=IlCs7u1ihws

      Report Post » ProbIemSoIver  
    • ProbIemSoIver
      Posted on February 23, 2012 at 5:45pm

      RON PAUL will repeal the federal reserve act of 1913.

      No more income tax, No more Federal reserve private bank and a de jure representave government again.
      Right now we have a de facto government that is actually a foreign-owned private corporation. Do your research.

      I am tired of posting life-changing links that no one clicks on.

      Report Post » ProbIemSoIver  
    • Vechorik
      Posted on February 23, 2012 at 5:55pm

      CNN John King confirms Ron Paul is running second to Romney in delegates. HE CAN WIN!

      http://www.youtube.com/watch?&v=w3zdsd8ZuXg#t=0s

      Report Post »  
    • ProbIemSoIver
      Posted on February 23, 2012 at 6:00pm

      Okay, maybe I am not so tired

      Allen West admits the “Gov’t” is a Corp:
      http://www.youtube.com/watch?v=IN0PlOXCJLc

      This lady knows:
      http://www.youtube.com/watch?v=jOixE2ZFYtE

      Here is the evidence:
      “Executive Office Of The President in Washington, DC is a private company categorized under Executive Offices. Our records show it was established in 1939 and incorporated in District of Columbia. Register for free to see additional information such as annual revenue and employment figures”.
      http://www.manta.com/c/mm768fr/executive-office-of-the-president

      Also check a 150 year fortune 500 companyif you don’t believe manta.
      Check Dun & Bradstreet.

      Obama and Bush Jr are cousins, in addition to some other interesting people:
      http://www.youtube.com/watch?v=_ldZS9PL9KE

      Here are some great sources of info for the bankruptcy of 1933, the Corporation, and more:
      http://www.teamlaw.net/history.htm
      &
      http://www.barefootsworld.net/usfraud.html

      Once you learn a little bit about the law you can do this:
      http://www.youtube.com/watch?v=7wV22UKhxUE

      If you take an interest in law, believe in following the constitution and want5 smaller federal government, the SPLC and the Private Corporation’s Alphabet Agencies like the FBI, CIA and NSA believe you to be very high risk of being a homegrown right-wing terrorist:
      http://www.youtube.com/watch?v=d_y-gLm9Hrw

      Here is some info on “Geo-Engineering”:
      http://www.youtube.com/watch?v=NgynYoVnkvM

      Report Post » ProbIemSoIver  
    • Walkabout
      Posted on February 23, 2012 at 6:03pm

      Jerry Doyle reported that the Federal Reserve prediction of economic indicators are not a good as private industry. but somehow they are in charge. Is it because administration Democrat & Republican lean on them to goose the numbers?

      Report Post »  
    • ProbIemSoIver
      Posted on February 23, 2012 at 6:20pm

      Once again the Blaze removes absolute devastating info that crushes the Global Elite. lol.
      Be glad I have not the resources to become your competitor, Blaze.

      Report Post » ProbIemSoIver  
    • ProbIemSoIver
      Posted on February 23, 2012 at 6:46pm

      Wow ! They put it back.

      Okay Blaze. Maybe your not so bad after all.

      The truth does live here.

      Report Post » ProbIemSoIver  
    • 40milliondeadAmericans
      Posted on February 23, 2012 at 7:34pm

      What’s a little debt when 50 million Americans have been murdered because they are poor.

      I should think the slaughter of one million American babies every year is an important issue…no?

      If we would just utilize these children as slave labor in the salt mines, we could be out of debt in no time. What’s that you say…oh THAT would be inhumane.

      Report Post » 40milliondeadAmericans  
    • ProbIemSoIver
      Posted on February 23, 2012 at 7:37pm

      I love to read.
      I love to read the dictionary.
      The Law Dictionary to be exact.
      Best things is, I have no alligience to the Corrupt ABA.
      I know their secrets.

      All rights reserved under common law – without prejudice U.C.C. 1-207 / 1-308
      All rights reserved under Federal constitutional common law – Erie vs.Thompkins abated, without prejudice.

      Report Post » ProbIemSoIver  
    • Ruler4You
      Posted on February 23, 2012 at 7:41pm

      I’m no Ron Paul man, he’s proved himself too unstable mentally.

      With a $5K per capita differential between us and them, it seems a bit premature to conclude WE are headed down the same road.

      The population of Greece “IS” 11M +/- The population of the U.S. “IS” 313M +/-. a 30x difference.

      The U.S. has people who WORK. Greece, not so much. The U.S. is efficient, productive and creative. Greece, not. The U.S. has LOTS of natural resources. Greece, if you aren’t talking about rocks, forget it.

      Arithmetically, it seems not so much the problem as stated.

      Report Post » Ruler4You  
    • jhaydeng
      Posted on February 23, 2012 at 8:01pm

      Where is that giant comet when you need it?

      Report Post »  
    • Lordchamp
      Posted on February 23, 2012 at 8:12pm

      i wish Paul wanted to win as bad as his followers want him to win but he doesn’t. It’s very evident and now we know why. He’s never wanted to win. It’s all about setting up the “next generation”, his son.

      It’s all about political deals. not about doing the right thing and that sucks.

      Report Post »  
    • EndTheFedNOW
      Posted on February 23, 2012 at 8:35pm

      Lordchamp

      I hear you bro, dont get discouraged. The global eliet working thru the MSM and the republican Est is trying everything they can to tell us he cant win. He can. Hes in second in delegates. IDK if he is setting it up for Rand, but I dont question he is trying to win. He is.

      Report Post » EndTheFedNOW  
    • West Coast Patriot
      Posted on February 23, 2012 at 9:05pm

      As Paul supporters continue to get the delegate spots across the nation, he will go into a brokered convention with the majority of loyal supporters as voting delegates. Paul is winning this through the back door and nothing will stop him.

      Report Post » West Coast Patriot  
    • ThoreauHD
      Posted on February 23, 2012 at 9:52pm

      I agree completely. Having a fake bake President is going to only get us all killed.

      Report Post » ThoreauHD  
    • MCDAVE
      Posted on February 23, 2012 at 11:43pm

      @Problemsolver…Keep posting ..You do make a difference…We are all part of a grass roots effort to restore America..And we will not be silenced…We are all patriots

      Report Post »  
    • johnparsons
      Posted on February 24, 2012 at 12:17am

      I am Canadian and i would vote for Ron Paul if i could !!! .. you guys and gals are in allot of trouble down there to say the least !!! …..On a side note i would like to thank bernanky ,the clintons ,the bushes , obama , george soros, the troika in europe, and all the unelected beurocrats and money hungry polititions ect………thanks …..THANKS FOR TURNING ME INTO A 34 YEAR OLD BED WETTER !!!!!

      Report Post »  
    • TomFerrari
      Posted on February 24, 2012 at 5:48am

      Simple, obvious, self-explanatory graphs showing obama’s EPIC #FAIL should be plastered all over the interwebs, not supporting any candidate, just showing obama’s disaster!
      Now THERE’S a winning campaign strategy!

      Report Post » TomFerrari  
    • TomFerrari
      Posted on February 24, 2012 at 5:52am

      Consider if this graph were then adjusted for how few of us (makers) are paying the taxes (debt) on behalf of the rest of us (the takers).
      Makers and takers. Which one are you?

      Report Post » TomFerrari  
    • str8blues
      Posted on February 24, 2012 at 8:09am

      Ron Paul is running 4th in a 4 man race. Ron Paul has only had 1 bill passed in 14 years in the Senate….. out of 464 he sponsored. The bill he passed was to secure a parcel of historical land in his district. Marco Rubio has passed more bills he sponsored in his 1 year in office. Ron Paul cannot do away with the fed without congressional approval. The way I see it…..it has a 1 in 464 chance of getting any bills passed. Its his record. Ron Paul loads bills destined to pass with pork……then votes against the bill. I know Ron Paul people don’t like to look at track records of their own candidate but its what reasonable people do. Santorum/Rubio 2012 Youth, Experience, Energy

      Report Post »  
    • str8blues
      Posted on February 24, 2012 at 8:13am

      @PROBIEMSOLVER Nobody reads your cuts and pastes. The is a discussion not a place to throw stuff up on the wall for all to sift through. You can cut all your little articles you think will make a difference and we will all do our own vetting our own way………not to take your hand picked clips from youtube. Personally I have much more reliable sources than youtube video edits for my info. I suppose you watch Jon Stewart for your news as well.

      Report Post »  
    • ProbIemSoIver
      Posted on February 24, 2012 at 12:02pm

      str8blues
      Posted on February 24, 2012 at 8:13am
      @PROBIEMSOLVER Nobody reads your cuts and pastes

      ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

      lol. Thanks for the morning chuckle.
      I was just kidding and feeling sorry for myself when I said people don’t click on my link or posts.
      Take note that Mc Dave is just one of many, that thank me.
      My most popular link that explains a lot in a nutshell, had 3700 views over the period of 2.5 years until I came around.
      I am reponsible for 9000 hits in 3 months. ( Wow, almost 800 hits since wednesday )
      Here, check the view stats. You can see the rise in views from the Blaze.
      http://www.youtube.com/watch?v=IlCs7u1ihws
      This is only one example of your talking out your backside.
      Another, is that I post links that are not Visual, such as these:
      http://www.barefootsworld.net/usfraud.html
      &
      http://www.teamlaw.net/history.htm

      The only problem is that people like yourself click on it, and see it is really in depth, and has a lot of big words. It is very imtimidating for feeble minds.

      I don’t watch stewart or television.

      Why don’t you share one of your pertinent links with us? lol

      Waiting patiently.

      Report Post » ProbIemSoIver  
    • ProbIemSoIver
      Posted on February 24, 2012 at 12:06pm

      *Another, is that I post links that are not AUDIO, (just woke up)

      Report Post » ProbIemSoIver  
    • Rhinohio
      Posted on February 25, 2012 at 9:11am

      If only 50% of the population actually pays taxes, does that mean each taxpayer really owns $88,430 of the US debt?

      Report Post »  
    • Rhinohio
      Posted on February 25, 2012 at 3:16pm

      So if only half of the population pays taxes, does that our share is actually $88,430.00 each?

      Report Post »  
  • nighttrainno9
    Posted on February 23, 2012 at 5:19pm

    The smartest thing is not to pay. Income tax is illegal, the FED is illegal
    obama is illegal. I suggest we take our country back and
    start operating under the constitution again.

    Report Post »  
    • encinom
      Posted on February 23, 2012 at 5:28pm

      Night trrain is just typical mindless Paulbot repeating talking points he dug up on disinfowars.

      Report Post »  
    • jakartaman
      Posted on February 23, 2012 at 5:29pm

      I have stopped
      let come get me

      Report Post »  
    • atrain
      Posted on February 23, 2012 at 5:39pm

      Although much of this don’t pay your taxes rhetoric is blather, the key weakness of liberal system is that it requires the individual to consent to the harmful policies the government imposes in it’s people. If you are powerful enough to remove your consent, the liberal system crumbles. Read more about Hank Reardon in Atlas Shrugged and you will know what I mean.

      Report Post »  
    • ProbIemSoIver
      Posted on February 23, 2012 at 6:04pm

      Nighttrainn09 is 100% correct. Spread the word, my American Brother.

      Report Post » ProbIemSoIver  
    • Walkabout
      Posted on February 23, 2012 at 6:05pm

      An income tax does not bother me. A progressive tax does bother me.

      Report Post »  
    • encinom
      Posted on February 23, 2012 at 6:05pm

      Please ATrain, a fictional character from a over-rated novel.

      Report Post »  
    • psychokittis
      Posted on February 23, 2012 at 6:14pm

      @ENCINOM-have you bothered reading the Constitution and comparing it to what Ron Paul is saying? Do you even care about liberty?
      Calling someone a Paulbot is useless. We actually know what the Copnstitution says and means. It doesn’t take a genius to understand it. It is clear and concise. But go ahead, call us names for supporting our favorite candidate- we’ll wear that as a badge of honor. This is the short version. Paul is right on tareget here, the only problem is that Americans no longer care about the Constitution and the strict limits that it places on the Federal Government. There is good reason for those limits-they keep the Federal nLeviathan from trampling people and their liberty. Read it, understand it if you dare.

      Report Post » psychokittis  
    • Skee
      Posted on February 23, 2012 at 6:17pm

      Careful nighttrain big brother may be watching.
      Don’t be suprised if you get an audit notice.

      Report Post » Skee  
    • ProbIemSoIver
      Posted on February 23, 2012 at 6:17pm

      Anything that happened after the government declared sine die in 1871 and created a corporation called the “United States”, and is unconstitutional, is unlawful:
      http://www.teamlaw.net/history.htm

      Report Post » ProbIemSoIver  
    • ProbIemSoIver
      Posted on February 23, 2012 at 6:21pm

      I have learned the law. The IRS can kick rocks.

      Report Post » ProbIemSoIver  
    • Chuck Stein
      Posted on February 23, 2012 at 7:17pm

      Tax protesters have the most outlandish arguments. They each think that they are a Supreme Court of One. It might be fun and exciting to rant about it online, but it won’t amuse any judge you appear before. I just hope you guys get probation instead of hard time. Good luck.

      Report Post »  
    • ProbIemSoIver
      Posted on February 23, 2012 at 7:27pm

      As a matter of fact I am contemplating a filing a lawsuit and lien against the Private Corporation of the Social Security Administration and the IMF (the IRS) for the 16 grand they stole from me.
      I will argue Unconscionable Contract in addition to a plethora of other cases in point. I will motion for redress plus damages and interest. I have a cause of action since my rights were violated.
      I was Hypothicated (pledged) as collateral to a PRIVATE BANK (the Federal Reserve) for Debts I did NOT incur.

      I am talking about the World Court in Hauge, because our Dept. of Justice is a PRIVATE CORPORATION, along with every other branch and agency of this “Government”

      Report Post » ProbIemSoIver  
    • nighttrainno9
      Posted on February 23, 2012 at 7:56pm

      Show me the law that says we have to pay income tax.
      For your information the 16th ammendment was never-ever ratified.
      ( watch freedom & fascism) you will learn how many past and present
      IRS people don’t pay income tax, they know the law.

      Report Post »  
    • ProbIemSoIver
      Posted on February 23, 2012 at 8:29pm

      Skee
      Posted on February 23, 2012 at 6:17pm
      Careful nighttrain big brother may be watching.
      Don’t be suprised if you get an audit notice.

      ~~~~~~~~~~~~~~~~~~~~~~~~~~~

      A notice ,lol. Ignore it, unless you have a substantial amount promulgated within a contract registered with your State Corporation.
      Then acknowledge the notice and pay it. Then learn the law and abate representing a Corporate fiction as an voluntary agent for the Agency of the S.S.A.
      Then you will be free from the unconscionable contract.

      Report Post » ProbIemSoIver  
    • West Coast Patriot
      Posted on February 23, 2012 at 9:11pm

      Encinom, Monicne, or whatever it is calling itself today, is a troll of Obama’s. Pay no mind to it as it has no mind.

      Report Post » West Coast Patriot  
    • Chuck Stein
      Posted on February 24, 2012 at 9:27pm

      @ Prob: “I am talking about the World Court in Hauge” a Q.E.D. to my observation that “Tax protesters have the most outlandish arguments.” – and “outlandish” in a strikingly literal sense!

      Report Post »  
    • ProbIemSoIver
      Posted on February 25, 2012 at 7:25pm

      @Chuckiebaby

      So the Private Company; The Federal Reserve Private Bank, held a lien on the Corporation of the “United States” under International U.C.C. maritime law, but I can not sue or file for a lien against a Corporation?

      Another case of someone talking out their backside.

      Report Post » ProbIemSoIver  
  • JesusisForever
    Posted on February 23, 2012 at 5:13pm

    We seem to no longer have legs to stand on, yet we still walk around like zombies! The ones who can help us is other voted in officials like the so called congress and senate. Wait Oboomer said yesterday he and his boy joe will just bypass them if need be and why did he say this; o now I remember, “We can’t wait”. It should read “We can’t wait to continue destroying this country so if your not with us your against us and you will not stand in our way”!

    Report Post »  
    • encinom
      Posted on February 23, 2012 at 5:35pm

      Only if you follow the paranoid rabblings of Beck. The Debt as a Percentage of the GDP is no where near the historic highs of the 1930s and 40s.

      Of cause if the GOP was actually concerned with this they would vote to get rid of W. Tax break for the rich, or even vote to increase taxes to the Clinton era rates.

      Report Post »  
    • Psychosis
      Posted on February 23, 2012 at 5:54pm

      @ encinom

      are you getting tired of the one idea montra yet ???? you would think you could come up with at least one different idea by now

      Report Post » Psychosis  
    • AxelPhantom
      Posted on February 23, 2012 at 8:00pm

      Or how about the 49.5% who are not paying federal income taxes at all, but reaping all of the benefits start paying “their fair share”…..

      Report Post »  
    • West Coast Patriot
      Posted on February 23, 2012 at 9:14pm

      Axel, the only fair income tax plan is 0% for everyone as income tax is unconstitutional, illegal and not needed.

      Report Post » West Coast Patriot  
    • JQCitizen
      Posted on February 23, 2012 at 9:23pm

      Eninom:

      If you’re not concerned about the Per Capita Debt, feel free to pay my share!

      Report Post »  
  • ThePostman
    Posted on February 23, 2012 at 5:11pm

    One big difference between us and all the others in that chart is that our debt is all denominated in dollars, and we have license to print all the dollars we want to pay off this debt. Greece did not have that luxury, so they failed.

    Not saying what we are doing is right, it isn’t, and it is also destined to massive failure, just in a different way, by a different mechanism.

    Report Post »  
    • absolutelynot
      Posted on February 23, 2012 at 5:41pm

      That Chart also shows that our nation would be in excellent shape financially to lead the world out of this before they (white house and friends) decided to intentionally spend/blow the stimulous and put us on a path of dire settings.
      Fully planned , wonderfully orchastrated , intentionally pursued is the Death of our Constitution.

      Report Post »  
    • West Coast Patriot
      Posted on February 23, 2012 at 9:24pm

      Thepostman, Yes, I suppose we could print all that money to pay the debt down, but we will still pay for it through $10 per gallon gas, $8 per loaf bread, $7 per gallon milk, etc…. It is called hyper-inflation. We need to go with Ron Paul’s plan, it is the only one that will work: http://www.bloomberg.com/news/2012-02-23/paul-s-plan-would-lower-debt-while-rivals-wouldn-t-report-says.html

      Report Post » West Coast Patriot  
    • ThePostman
      Posted on February 23, 2012 at 10:41pm

      I am totally on-board with you West Coast Patriot. My only regret is that you are stuck out there with all the fruits and nuts. God be with you, my friend.

      Report Post »  
  • JesusisForever
    Posted on February 23, 2012 at 5:06pm

    The road to destruction is never easy to travel. Especially when the view is no longer appealing!

    Report Post »  
  • dthomps6
    Posted on February 23, 2012 at 5:05pm

    This is never popular to say but old people need to be held accountable for their hand in this. They were electing these representatives and presidents that started this social security nonsense. You see old people riot if there’s even a rumor of cutting medicare. They were the first occupy movement and they won. 80 year olds acting like children. Don’t believe me? Just try to suggest phasing out social security. They flip out even if the plan wouldn’t affect them.

    Report Post » dthomps6  
    • robinakilt
      Posted on February 23, 2012 at 5:21pm

      I agree and it is not PC to say. SS is a joke the people who are collecting it always use the argument of “I paid into that system and so it is not a handout” Well, I agree with that statement to a point, most people of SS end up drawing more from that program then they ever paid into it, which means that it may start out as a system you paid into but it becomes a welfare program. Truth hurts! ANYBODY who gets a check from the government will at some point take money that is not now nor has it ever been their money. I realize that before 14AUG35 when SS was signed into law older people just dropped dead for centuries when they hit 65 it was a horrific time, but since that date people have lived longer. Thank you progressives for keeping us alive what would we do without you!

      Report Post » robinakilt  
    • undercover
      Posted on February 23, 2012 at 5:56pm

      Hmm never saw an “old person” riot. Just the OWS idiots – and they all seem to be young people.

      Report Post »  
    • Detroit paperboy
      Posted on February 23, 2012 at 6:18pm

      @Dthomp6
      You are correct, spot on… And they are the wealthiest demographic to boot…. My parents included !!! They got theirs, savings in the bank, cushy pensions from a bygone era… Social securuty and medicaid…who cares if none of it is sustainable and you bankrupt your grandkids…. Another round of golf and a martini afterwords anyone ????

      Report Post »  
    • AmericanFightingMan1
      Posted on February 23, 2012 at 6:47pm

      SS = ponzi scheme. Bernie Maddoff couldn’t do it better.

      Report Post » AmericanFightingMan1  
  • www.Cryptoportico.com
    Posted on February 23, 2012 at 5:01pm

    I have a great idea that should help… let’s invade another country! Yea! Like… mmmmmm… IRAN! Yea!

    Report Post » www.Cryptoportico.com  
    • AvengerK
      Posted on February 23, 2012 at 5:16pm

      oh come on…unemployment benefits are one of the best ways we know to stimulute the economy and create jobs. (cue Rod Serling and the Twilight Zone theme).

      Report Post »  
  • Suprtek
    Posted on February 23, 2012 at 4:53pm

    The amount of debt one carries is only relevant if one intends to pay it back.

    Report Post »  
    • wraith67
      Posted on February 23, 2012 at 4:59pm

      Yep. I wonder when the Chinese are going to crack the code?

      Report Post » wraith67  
    • robinakilt
      Posted on February 23, 2012 at 5:22pm

      They already have cracked the code. Eventually, we will all speak Chinese! What better way to conquer a people than to just buy them!

      Report Post » robinakilt  
    • encinom
      Posted on February 23, 2012 at 5:37pm

      @robinakilt
      You realize that China doesn’t not hold the majority of US debt? The majority is held by US Taxpayers. Again facts instead of paranoia.

      Report Post »  
    • FightThePower
      Posted on February 23, 2012 at 5:54pm

      ENCINOM, I’ve been reading your comments for some time now, and you cannot possibly be as stupid as you sound. You must be one of those personalities that just need to argue even when you know when you are wrong. Basic research debunks virtually everything that you type.

      Report Post » FightThePower  
    • robinakilt
      Posted on February 23, 2012 at 5:55pm

      @Encinom apologies I should have I guess given someone like yourself more facts in stead of making the blanket statement that I did. China is the biggest owner of US Trasury bonds – over $1.14tn

      Report Post » robinakilt  
    • Freedom from liberals
      Posted on February 23, 2012 at 6:45pm

      As much as I hate to say this, cause Encicom is a libby nerd, he is correct. The US citizens and Corps own the most the most of our federal debt.

      Report Post »  
    • West Coast Patriot
      Posted on February 23, 2012 at 9:28pm

      We audit the Fed, find all the illegal activity they have done, prosecute them and fine them the amount the people owe and be debt free.

      Report Post » West Coast Patriot  
  • elosogrande
    Posted on February 23, 2012 at 4:52pm

    There is one problem that isn’t mentioned here. The members of Congress, for at least the last 70 years, did not and do not give damn about the debt. Republican or Democrat, none of them care! They all feel that they are elected to spend the money – not all of it, but thirty to fifty percent more than ALL OF IT!

    Every member of Congress should be voted out of office whenever their next term ends. Everyone of them. It’s a simple fact. They spend fortunes to get elected, so that they get to spend someone else’s money.

    Vote them all out and take the pensions and healthcare from all of them. Look what these snakes have done to our country. It is inexcusable to pay these parasites for the rest of their lives. (All members of their staffs should be included.)

    We can’t continue to reward crap people for doing a crap job! Get ‘em out of office and out of our pockets!

    Report Post »  
    • SychinLegacy
      Posted on February 23, 2012 at 4:59pm

      Hey yeah since when are employees allowed to make their own salary and create their own benefits. If I tried to do that at my job my boss would just laugh at me.

      So why have we allowed congress to keep allowing themselves to vote for pay increases and health care and pensions and all that crap while the rest of us suffer. Not only is it a conflict of interest that should not be allowed, but IT IS OUR MONEY. We should now allow them to compensate themselves for taking our money professionally.

      If you serve in office it should be because you really want to help the country. Take away all the salaries and benefits. The people who run for office are already well set off by themselves so we should not subsidize their lives anymore.

      Report Post » SychinLegacy  
  • JesusisForever
    Posted on February 23, 2012 at 4:50pm

    Greater is He who is in me than in the world!

    Report Post »  
  • team1blazer
    Posted on February 23, 2012 at 4:48pm

    Oh, no big deal, Timmy will just crank up the ole printing press, and presto….no more debt! Only one problem, I don’t think any of us are prepared for $100 loaf of bread (and that may be an understatement of the inflation that IS coming.

    Report Post » team1blazer  
    • JesusisForever
      Posted on February 23, 2012 at 5:03pm

      What will they do when money will no longer buy food.. Oh yeah they will do whatever there so called leader ask of them. What a shame!

      Report Post »  
  • Eric_The_Red_State
    Posted on February 23, 2012 at 4:48pm

    Liberal Plan –
    Keep pumping money into the hole —— more and more and more
    Then – TAX the crap out of the people. (They say the rich….. but we know who is really going to get screwed when bread is $4.00 and gas is $8.00)
    Then – declare marshall law – and stick some idealist on the in charge –
    Take away the guns
    Get control of the media
    Get control of the money
    Take away the freedoms
    Kill …oh.. say… 6 million of the people the government doesn’t like
    Punish the other 6 million with camps and internment
    and we have…… class……. class?

    Nazi Germany – 1942

    Report Post » Eric_The_Red_State  
    • SychinLegacy
      Posted on February 23, 2012 at 4:55pm

      8 dollars a gallon? Wow that is a low ball estimate. I was thinking more along the lines of 25 to 50 dollars a gallon.

      Report Post » SychinLegacy  
  • balrog25
    Posted on February 23, 2012 at 4:45pm

    Ouch. When the financial tower of babel comes down, those that are not crushed in fall will only have that which is tangible, either prepared or scrounged. Prepare a lot, or prepare what you can. Even Jesus started with a few loaves and fish. If you haven’t started, look now at your check book, and start building some legs to your stool: some silver coins, some ready to eat and/or canned foods, simple camping gear, and a self defense weapon (handgun/shotgun). To me this is the basic crisis life preserver. Hopefully this can get you to some one who is at a lifeboat level, and then finally to a port of safety. A little crazy won’t embarass you. Please give it a try. God Bless You.

    Report Post » balrog25  
  • capecod1
    Posted on February 23, 2012 at 4:42pm

    Is it too late already? I can’t help but feel that we are past the point of no return, without serious measures. It is far past time to build the wall, cut the takers from the dole, and reform the current hand-out procedures. This willl get very interesting.

    Report Post »  
    • SychinLegacy
      Posted on February 23, 2012 at 4:54pm

      In all honesty I feel the exact same way. My intuition tells me that we are too far gone. We‘ve already driven off the cliff it’s just a matter of time until we crash into the ground.

      However we can’t give in yet. We still have to fight and try to save this nation because the consequences if we don’t are going to be so awful. This is the fight of our life and even if we already lost we all need to go do fighting. We will not lose this country peaceful and easily.

      Report Post » SychinLegacy  
    • CatB
      Posted on February 23, 2012 at 4:57pm

      I think you may be correct … it will take a lot to get us out of this …

      http://www.youtube.com/watch?v=F0DQgY7Rr-0

      Report Post »  
  • Ghandi was a Republican
    Posted on February 23, 2012 at 4:40pm

    Per/ WORKING American gets a whole lot worse..

    Report Post » Ghandi was a Republican  
  • mermaid7
    Posted on February 23, 2012 at 4:39pm

    Well, that’s exactly what Obama wants. He wants the US economy to fail miserably. George Soros and the Fabian Society, Communist Party USA, et al have finally gotten their wishes to come true. If we do not elect a GOP nominee for President, we will be Rome in flames

    This news is so sad and knowing that my children will not grow up in America, the nation of liberty and freedom.

    Report Post »  
  • swehes
    Posted on February 23, 2012 at 4:36pm

    You know. I have two options in my life. One is to stay Swedish and move back to Sweden. However I don’t really feel that is much of an option. I want to stay in the USA and fight to get this country back to where it was supposed to be. A country where the people is dedicated to God and his blessings will again be poured out upon us.

    Report Post » swehes  
  • ProbIemSoIver
    Posted on February 23, 2012 at 4:32pm

    We have been bankrupt since 1933. 95% of you are clueless.
    Every dime of you taxes goes to the IMF for the Bankruptcy.
    The “Government”, a Corporation, stays solvent on more loans packages from the federal reserve private bank.

    Report Post » ProbIemSoIver  
    • ProbIemSoIver
      Posted on February 23, 2012 at 4:36pm

      Here is some insight:
      http://www.youtube.com/watch?v=IlCs7u1ihws

      Report Post » ProbIemSoIver  
    • Ruler4You
      Posted on February 23, 2012 at 4:39pm

      Sorry. If you are trying to make ME feel guilty, you are barking up the wrong forest.

      I’m not the one spending credit like the window is going to close any minute. We have 535 people in congress doing that.

      Sorry. I’ve complained to my government. To my representatives and my senators. They DO NOT care. Period. And I would be EXCITED to share the letters I’ve gotten from them stating that I mean NOTHING to them. Period. In some cases, even less.

      If you want someone to feel remorse for their lustful spending, you need to see the man in the White House at 1600 Pennsylvania in D.C. I can’t help you.

      Something tells me, he won’t be sympathetic to your snivel, though.

      Report Post » Ruler4You  
    • ProbIemSoIver
      Posted on February 23, 2012 at 5:08pm

      1600 pennsylvania street ?
      Thats where the PRIVATE COMPANY of the Exectutive office of the President resides.
      http://www.manta.com/c/mm768fr/executive-office-of-the-president

      The Government is a Corporation and you poor, pathetic people still think you have a representative republic.

      I can’t keep trying to wake people up.

      Maybe Allen west and this lady can light a fire under your @$$es
      http://www.youtube.com/watch?v=IN0PlOXCJLc
      &
      http://www.youtube.com/watch?v=jOixE2ZFYtE

      Report Post » ProbIemSoIver  
    • West Coast Patriot
      Posted on February 23, 2012 at 9:45pm

      Problemsolver, have you ever sent anyone to this link that gives a complete explanation of what you are talking about? http://www.wariscrime.com/2009/01/15/news/the-usa-isnt-a-country-its-a-corporation/

      Report Post » West Coast Patriot  
    • Snow_Leopard_is_Cool
      Posted on February 23, 2012 at 11:48pm

      PROBLEM SOLVER….keep the links coming. Though I have a B.A. i am still having a rough time comprehending the few links that I have lookied at thus far. But my gut is telling me I need to take a look at all of these.
      WEST COAST PATRIOT…..thank you for providing that link. I am going to wait until I have had a good nights sleep to read it because I want my brain to be fresh but it looks like something I wil actually be able to comprehend. PROBLE SOLVER had providEe another link up above and I believe there were a series of books referenced that were historical fiction but also may help me and others to reallly understand what was happening in the late 1700′s and after. don’t give up , PROBLEM SOLVER!

      Report Post »  
    • West Coast Patriot
      Posted on February 24, 2012 at 1:19am

      Snow, When you read the article, pay close attention to the talk about sovereign’s as that is what we all are supposed to be according to the original Canstitution. Then go here and see that the FBI has declared war on what they deem domestic terrorism, the sovereign citizen. http://www.fbi.gov/news/stories/2010/april/sovereigncitizens_041310

      I hope they do not come to my door a wisk me away to some undisclosed location for talking about this.

      Report Post » West Coast Patriot  
  • MeMadMax
    Posted on February 23, 2012 at 4:29pm

    I stopped worrying about it…. and began crafting a plan and a means to leave, long ago…..
    Why?
    Because it will take getting rid of medicare and social security…. but we are so hooked on these plans that it will not be pretty when they go…. it will make greece look like a birthday party…

    So long folks!

    Report Post » MeMadMax  
  • Baddoggy
    Posted on February 23, 2012 at 4:27pm

    We’re number 1, we’re number 1, we’re number 1….
    I can see the pom poms and cheerleaders now…

    Report Post » Baddoggy  
  • Snowleopard {gallery of cat folks}
    Posted on February 23, 2012 at 4:24pm

    What does it mean? Simple…unless we get it turned around we are sunk completely.

    Report Post » Snowleopard {gallery of cat folks}  
  • sb36695
    Posted on February 23, 2012 at 4:22pm

    “There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.” John Adams 1826

    Wake up!

    Report Post »  
  • KickinBack
    Posted on February 23, 2012 at 4:19pm

    “Go back to sleep, nothing to see here folks. What’s that? you’re worried? Don’t stress yourself, we have drugs for that.”

    –Typical liberal response.

    Report Post » KickinBack  
  • TxSon
    Posted on February 23, 2012 at 4:17pm

    Nothing to see here folks. Move along… I wonder what BHO’s teleprompter has to say about it?

    Report Post » TxSon  
  • SychinLegacy
    Posted on February 23, 2012 at 4:14pm

    So then maybe we should stop worrying about what Iran is doing and worrying about what we are doing. We are signing our own death warrant people. Iran may or may not have a bomb and muslims may or may not be mean. But one thing I can tell you for certain: OUR ECONOMY WILL COLLAPSE if we stay on this path. And I’ll give you a hint, only one candidate is talking about getting off this path.

    Report Post » SychinLegacy  
    • C-Delta Conductor
      Posted on February 23, 2012 at 4:21pm

      Keep preaching the truth; I could not agree more!

      Report Post » C-Delta Conductor  
    • amdoktor
      Posted on February 23, 2012 at 4:34pm

      What is wrong with our citizens? The MSM, basically is silent on this,debt and Fox and all the Fox
      pundits, Hannity,Rush , Beck and their fill in’s push the three candidates that are big Government spenders. The keep pounding FEAR of this country, FEAR of that country as the most important issue, and really the most important issue.is we are BROKE ! We are strapping our next generation with massive overbearing DEBT. It does not go away. The American voters are brainwashed into believing these pundits as they have the last four elections. These talk show hosts and commentators are bought and paid for by the Corporations, Military Industrial complex, and the CEO’s who sign their checks.
      The(other) candidate has been demonized by this media, for actually attempting to stop this madness and alerting us about the loss of our freedoms and liberties, and still the public doesn’t figure it out. They are duped and unapproachable. Many have awakened to the game that is played and hopefully more will see the light.
      God bless

      Report Post » amdoktor  
1 2 3 4

Sign In To Post Comments! Sign In

Sign Up For Our Newsletter!

Glenn Beck Radio

Listen to Glenn Beck 24/7 Listen Now
Restoring Love