Just when you thought it couldn't get any worse... the truth comes out... quietly.
As you ponder Bush's secret deal with Mexico regarding the U.S. taxpayers paying Social Security to illegals, and wonder just how much that will turn out to be considering they could use any number of fraudulent docs and ID's to collect even more of our - YES OUR - money... and also the amount of tax dollars (BILLIONS FROM EACH STATE, LITERALLY) paying for all the benefits they aleady suck up... you might as well ask yourself at that time, "Gee. I wonder how blanket amnesty and (LOL) guest worker programs will effect our current "situation"... as you ask yourself these questions, READ THIS:
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The United States is Insolvent
Prepare to be shocked.
The US is insolvent. There is simply no way for our national bills to be paid under current levels of taxation and promised benefits. Our combined federal deficits now total more than 400% of GDP.
That is the conclusion of a recent Treasury/OMB report entitled Financial Report of the United States Government that was quietly slipped out on a Friday (12/15/06), deep in the holiday season, with little fanfare. Sometimes I wonder why the Treasury Department doesn’t just pay somebody to come in at 4:30 am Christmas morning to release the report. Additionally, I’ve yet to read a single account of this report in any of the major news media outlets but that is another matter.
But, hey, I understand. A report is this bad requires all the muffling it can get...
Prepare to be shocked.
The US is insolvent. There is simply no way for our national bills to be paid under current levels of taxation and promised benefits. Our combined federal deficits now total more than 400% of GDP.
That is the conclusion of a recent Treasury/OMB report entitled Financial Report of the United States Government that was quietly slipped out on a Friday (12/15/06), deep in the holiday season, with little fanfare. Sometimes I wonder why the Treasury Department doesn’t just pay somebody to come in at 4:30 am Christmas morning to release the report. Additionally, I’ve yet to read a single account of this report in any of the major news media outlets but that is another matter.
But, hey, I understand. A report is this bad requires all the muffling it can get...
posted by jillosophy at 1/05/2007 02:24:00 PM
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