When Congress and Obama talk about cutting the deficit, they do not mean reducing our national debt.
Last year, 2010, the US federal government spent $413 billion on interest payment on our national debt — not $413 billion to reduce our $14+ trillion debt, but $413 billion to pay the interest on that $14+ trillion debt.
That interest payment of $413 billion in 2010 is more than what the federal govt spent on the Small Business Administration and eleven departments — the Departments of Health and Human Services, Transportation, Energy, Veteran Affairs, Housing and Urban Development, Justice, Homeland Security, Agriculture, Commerce, Treasury, and Labor.
Send this video to everyone you know — and to your Congress critters who are in deep denial.
H/t my dear friend Bill and good fellow PatriotAngel.
~Eowyn
Eowyn – did you happen to see the movie ‘The International’? Debt, and controlling it is the entire foundation of the NWO.
“If all the debt were repaid, our entire monetary supply would vanish back into the inkwells and computers. The ‘national debt’ is the principle foundation upon which money is created for ‘private debt.’ To pay off or even greatly reduce the national debt would cripple our monetary system. No politician would dare to advocate that, even if surplus funds were available in the Treasury. The Federal Reserve System therefore, has virtually locked our nation into perpetual debt.” G. Edward Griffin, ‘The Creature From Jekyll Island, p.388
“We have two parties here, and only two. One is the evil party, and the other is the stupid party. . .Occasionally, the two parties get together to do something that’s both evil and stupid. That’s called bipartisanship” – M. Stanton Evans, author of Blacklisted by History
“For the love of money is the root of all evil…” I Timothy 6:10
Yup, the credit card “treadmill”… the minimum monthly payment will take a lifetime to pay anything off, generates lots of business for the creditor. (The minimum payment is more or less the interest on the debt but, at some point, the cost added by interest exceeds the minimum monthly payment… probably not a conspiracy to “get” people, but it happens and few creditors will decrease business in order to fix it.) Our national debt is about here now.
Bless this guy on FoxNews who really opened my eyes. Wish I could remember his name. He said that one of the reasons the debt increases is because the numbers are ‘theoretical’ and ‘conceptually nebulous’. Do you know how much a trillion dollars is? He stated that if you spent a MILLION DOLLARS A DAY, every day, since the birth of Jesus Christ, you STILL WOULD NOT HAVE REACHED A TRILLION! I couldn’t believe it, so I did the math. And he was right. How scary is that??
Yes daughter, things look pretty ominous. I’m afraid we are being judged. But it is comforting to know that He told us that all of this would happen.
“All nations before Him are as nothing; and they are counted to Him less than nothing, and vanity.” Isaiah 40: 17
Steve, thank you for bringing this post to my attention. It is so incredible it is hard to even fathom or understand it. Quite simply, our country is in a prison that it cannot get out of – horrible, save but for the grace of God and our countrymen finally deciding to do His will.