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Nation Going $20 Trillion in Debt?

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Posted 05-07-2009 at 08:42 AM by foreverfan

The USA is $8.7 Trillion in debt - and Obama wants to take it to 20 Trillion. What does it mean?

This is not a political piece and something that should worry all Americans regardless of party.
Every American needs to watch this 30 minute video about our nation's addiction to debt.

It is estimated that every person paying taxes will owe over $150,000 on the national debt if it goes to $20 Trillion, but the overall picture is worse than that.

"...may be to the U.S. economy what 'An Inconvenient Truth' was to the environment." – Reuters

The below video will blow your mind.

http://www.iousathemovie.com/?lk=802...2cmpsBP11h-hP2

Watch this video and you will see the need to forward this on.
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  1. Old Comment
    hagan714's Avatar
    Just turn the printing press to max and keep them from burning out works also. This bail out will bite us in the butt soon than most think.
    permalink
    Posted 05-10-2009 at 12:17 PM by hagan714 hagan714 is offline

  2. Old Comment
    73Saint's Avatar
    We need to IMPEACH this fool now!!! Before he destroys our great nation.I wonder if an American citizen can begin impeachment or start an impeachment request by beginning a pole.
    permalink
    Posted 05-12-2009 at 07:52 AM by 73Saint 73Saint is offline
  3. Old Comment
    foreverfan's Avatar
    This should blow your mind....

    Check out this website and the below article from it. United States Justice Foundation

    April 1st 2009
    AP- WASHINGTON D.C. - In a move certain to fuel the debate over Obama’s qualifications for the presidency, the group “Americans for Freedom of Information” has released copies of President Obama’s college transcripts from Occidental College. Released today, the transcript indicates that Obama, under the name Barry Soetoro, received financial aid as a foreign student from Indonesia as an undergraduate at the school. The transcript was released by Occidental College in compliance with a court order in a suit brought by the group in the Superior Court of California. The transcript shows that Obama (Soetoro) applied for financial aid and was awarded a fellowship for foreign students from the Fulbright Foundation Scholarship program. To qualify, for the scholarship, a student must claim foreign citizenship. This document would seem to provide the smoking gun that many of Obama’s detractors have been seeking.

    The news has created a firestorm at the White House as the release casts increasing doubt about Obama’s legitimacy and qualification to serve as president. When reached for comment in London, where he has been in meetings with British Prime Minister Gordon Brown, Obama smiled but refused comment on the issue. Meanwhile, White House press secretary Robert Gibbs scoffed at the report stating that this was obviously another attempt by a right-wing conservative group to discredit the president and undermine the administration’s efforts to move the country in a new direction.

    Britain's Daily Mail has also carried the story in a front-page article titled, “Obama Eligibility Questioned”, leading some to speculate that the story may overshadow economic issues on Obama’s first official visit to the U.K.

    In a related matter, under growing pressure from several groups, Justice Antonin Scalia announced that the Supreme Court agreed on Tuesday to hear arguments concerning Obama’s legal eligibility to serve as President in a case brought by Leo Donofrio of New Jersey. This lawsuit claims Obama's dual citizenship disqualified him from serving as president. Donofrio’s case is just one of 18 suits brought by citizens demanding proof of Obama’s citizenship or qualification to serve as president.

    Gary Kreep of the United States Justice Foundation has released the results of their investigation of Obama’s campaign spending. This study estimates that Obama has spent upwards of $950,000 in campaign funds in the past year with eleven law firms in 12 states for legal resources to block disclosure of any of his personal records. Mr. Kreep indicated that the investigation is still ongoing but that the final report will be provided to the U.S. attorney general, Eric Holder. Mr. Holder has refused to comment on the matter.
    permalink
    Posted 05-12-2009 at 09:17 AM by foreverfan foreverfan is offline
    Updated 05-12-2009 at 09:37 AM by foreverfan
  4. Old Comment
    hagan714's Avatar
    But we hear nothing about it from the media. I am neither a republican or a democrat so the media really ticks me off.
    permalink
    Posted 05-13-2009 at 05:34 AM by hagan714 hagan714 is offline
    Updated 05-14-2009 at 02:49 AM by hagan714
  5. Old Comment
    foreverfan's Avatar
    That's because it's a April Fools Joke. Gotcha again.
    permalink
    Posted 05-13-2009 at 02:18 PM by foreverfan foreverfan is offline
  6. Old Comment
    hagan714's Avatar
    funny but I do remember hearing about a case about this topic
    permalink
    Posted 05-14-2009 at 02:50 AM by hagan714 hagan714 is offline
 
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