80 Trillion of Unfunded liabilities – ‘The trouble with socialism is that eventually … you run out of other people’s money” Margaret Thatcher …
‘The trouble with socialism is that eventually … you run out of other people’s money” Margaret Thatcher …
Our Community Organizer… LACKS the ABILITY and KNOWLEDGE to correct anything but GIVE OUT MORE OF YOUR MONEY…. THAT IS NOT THE ANSWER….
80 Trillion of Unfunded liabilities, i.e., Medicare, SS, etc.
730 Trillion in derivatives (funny money collapsing now and you’re on the hook for it (so say the evil banksters)).
That’s 826 TRILLION dollars in the hole:
To put this in perspective, let’s say a stack of $100 bills contains 100 actual $100 bills in 1 inch. 100 $100 bills = $10,000. Now then $826 Trillion divided by $10,000 = 82,600,000,000 inches of $100 dollar bills.
82,600,000,000 inches of $100 dollar bills = 6,883,333,333 feet of $100 dollar bills.
6,883,333,333 feet of $100 dollar bills = 1,303,167.992 miles of $100 dollar bills.
1,303,167.992 miles of $100 dollar bills = 5.43 trips to the Moon.
In summary, the US is in debt at such a level that you could take $100 bills and stack them on top of one another and the pile would reach to the MOON about 5 and a-half times. You could go to the Moon 5 and a half times with the stacking of the $100 dollar bills.
Let this sink in. Look at the Moon next time you see it and imagine a stack of money from you to the moon-and-back, then to the moon-and-back again, and then back to the moon and little bit back toward you.
It is preposterous debt.
It is insane debt.
And you’re going to have to live with the consequences of this stack of $100 bills that is 5.5 times to the moon… by watching your children grow up debt slaves to the bankers in a 3rd world hell hole of a US falling apart with infrastructure that is so bad you may just move into a mud hut and drink swamp water and ride a horse again.
Your kids will only see ruins…
It is a new dark age.
Rome is Buring… USA DEBT – is now at $16,256,367,214,324.44—an increase for this fiscal year of $1,066,026,885,767.29. – Prior to fiscal 2008, the federal government had never increased its debt by as much as $1 trillion in a single fiscal year. From fiscal 2008 onward, however, the federal government has increased its debt by at least $1 trillion each and every fiscal year.
Under Barack Obama, the U.S. economy has performed worse than it did under any other president since the end of the Great Depression.
After every other recession since World War II, the U.S. economy always regained what was lost and got even stronger before the next recession began. During this “economic recovery”, we have not even come close to getting back to where we were in 2008. In fact, the number of Americans living in poverty and the number of Americans that are dependent on the government both continue to explode even as Barack Obama runs up trillions of dollars of new debt.
Anyone that believes that Barack Obama is going to “fix the economy” if he is given another four years in the White House has taken way too many sips of the Obama kool-aid. The truth is that Barack Obama is not going to save you. Barack Obama has royally messed up our economy (along with a lot of other things) and that is not something we should be thanking him for.
Rome is Buring… and Rember these…
Solyndra (Obama’s fundraiser $527 million in stimulus money)
SpectraWatt (filed for bankruptcy)
Lightsquared (Obama’s investment insider trading) $90,000.00 profit over night.
Evergreen (filed for bankruptcy)
Tonopah Solar Energy (Nancy Pelosi’s brother in-law $737 million stimulus money)
Mesquite Solar 1 (Harry Reid’s county).
Amonix Solar ($20 million taxpayers money lasted 14 months)
SunPower (Company in Mexico receives $1.2 billion U.S. federal loan guarantee Sept. 30)
Finland Auto Company ($529 million in stimulus money) car company called Fisker
ECOtality ($126.2 Million million in stimulus money)
Beacon Power ($43 million taxpayer money)
Siga Technologies (Ronald Perelman Democratic donor ($433 million government no bid contract)
First Solar ($3 Billion taxpayer unsecured loan)
Brightsource ($1.6 BILLION taxpayer unsecured loan)
WF Solar company (Bankrupt after government loan)
Bakken shale formation (the Environmental Protection Agency (EPA) could bring a halt to the boom)
Solar Trust of America ($2.1 BILLION Government loan) (filled bankruptcy April 2012)
Canadian Solar company (2 employees) gets $50 million U.S. taxpayer’s money
Abound Power – $400 Million. Production halted in February and 180 laid off
Nevada Geothermal Power ( NGP) $98.5 Million – company now on the way out
Rasar Technologies- $33 Million. FIled for Bankruptcy 2012
The US Attorney General office sits on its hands.
The Commodity Futures Trading Commission sits on its hands.
The Securities & Exchange Commission sits on its hands.
The financial press ignores the crime, or minimizes it, or explains it away.