Right now the national debt is out of control. $38,000.00 per citizen, and over $110,000.00 per taxpayer. We are spending almost 2 times the revenue the government in bringing in. The U.S. owes over $3,000,000,000,000.00 to foreign countries. I don't know if that's trillion, or what it is called, but that's an awful lot of money. If you want to see some astounding figures, click on the link, and see the reality this country has to deal with. And we just keep on spending.
Our national debt.
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read more blogs!
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teddybearr48

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Oct 21 @ 7:30PM
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Blaiserboy

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Oct 21 @ 7:31PM
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Until the people, that is all of the people, stop demanding more from government, spending will continue...... that is what the people want...
What they don't want. is to stop demanding more and more.....
At some time, and that may be sooner than we think, people will have to bite the bullet.
This is not a problem of Republican or Democrat, it is a problem caused by the people collectively wanting and expecting more and more.....
There is continual rumbling about irresponsible government..... there is no clamor whatsoever for people wanting to spend less. the word they use is MORE.....
MORE FOR ME. and until that stops...... spending escalates.....
However, the situation is about to come to a critical point...... in the next few months the economy and the markets will help people to begin to rationalize their views re greed.
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teddybearr48

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Oct 21 @ 7:33PM
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and
Unfunded liabilities: $343,726 per citizen.
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gypsy29

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Oct 21 @ 7:45PM
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All right, fine! I'll go get my checkbook!
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willy3411

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Oct 21 @ 7:54PM
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This is not a political thing, this is an American thing. Any baby born today is in debt by over $38,000.00
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alivenwell351

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Oct 21 @ 8:09PM
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Any baby born today is in debt by over $38,000.00 That's assuming he/she grows up to be a taxpayer, not a parasite...
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lovestobake

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Oct 21 @ 8:34PM
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My money is on parasite, just math cause we have all kinds of parasites.
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1880Texan

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Oct 21 @ 8:50PM
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The central banks of all those foreign countries are realizing the U.S. dollar is worth about as much as monopoly money. The government can't save us by printing more worthless money as it just drives down the value more. Once the government can't get any more loans to keep it all going then the whole house of cards is going to crash. If you read into the 'web bots/predictive linguistics' you'll see that is about to happen soon....real soon.
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Kentuck

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Oct 21 @ 9:24PM
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Well Just remember the American citizen is reducing the government's revenue from taxarion by buying foreign products. Just look at the streets and the drive ways of all the foreign cars--their assembly plants in this country produces only a fraction of the revenue that is un taxed and returned to japan, Korea, England, France, Italy and Germany. Look around your house--your TV and audio system are made abroad--the plates you eat from are made abroad--
So what is made here in the USA
Then there are the people that want to work for an American Company then go out and buy the product they make but it is foreign.
Why are companies moving abroad--for Americans are buying foreign stuff so thaey make the same thing there and return it here for you to buy.
The Japanese are growing their own rice in the souther states, growing their own beef in the Northwest and catching the Fish in Alaska that was born and raised in American raised system
So, it is not the government---It is you the everyday people and Your GREED
So what are you complaing about--it is also nice to see that you can add a little
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ttomtarr

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Oct 21 @ 9:59PM
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Don't worry, friends, this has all been worked out.
When this financial fiasco causes the crash of our economy, our fearless leader will be waiting, as planned, to lead us into the all embracing arms of the New World Order Global Government. Or should I say its jaws.
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1880Texan

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Oct 21 @ 11:38PM
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Thats right Tom, I forgot about Our? fearless leader !! I can already hear his jack-booted goon squads saying....."We're from the government and we're here to help you". I feel soooo safe and good about it now , don't you???
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bardnsage

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Oct 21 @ 11:39PM
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OK,, the math doesn't make sense. If it is right,,,
then that means that there are 2.89 non taxpayers, to taxpayers.
Now, not all of them all children,,, so,,,, it seems that the people getting the benefits are not the just the people who have to pay for it.
And there is the rub right there.
Ever seen a fat guy at a buffet? Ever seen a guy who didn't by the dope roll a joint with your stash? Ever seen a guy who didn't bring beer hang out by the keg?
hmmmmmmmm,,,, why do we keep giving more and more and more away?
Because there are 2.89 persons who don't have to buy the food, the beer, or the dope that keeps the party rocking. Yet, they have the ear of the people writing the purchase orders,, because it's 2.89 votes to 1.
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ttomtarr

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Oct 22 @ 9:38AM
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We might be well advised to get gardening tools and seeds, ammo, and fishing gear. When, NOT IF, the economey goes PLOP, we will need them.
And we all ought to pay a bit more attention to our resident mountain survivalist !
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john49887

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Oct 23 @ 11:28AM
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MORE FOR ME. and until that stops...... spending escalates....
Yep. The bankers, the boys on Wall Street and the Big 3 have it all figured out.
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travelwoman

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Oct 23 @ 12:53PM
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$38,000.00 per citizen, and over $110,000.00 per taxpayer ... the operative word being "tax payer"...
you could also check with the banks in Switzerland, the Bahamas, and other such interesting places who does NOT pay taxes...
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