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34 Shocking Facts About U.S. Debt That Should Set America On Fire With Anger

34 Shocking Facts About U.S. Debt That Should Set America On Fire With Anger

We have all been lied to. For decades, the leaders of both major political parties have promised us that they can fix our current system and that they can get our national debt under control. As the 2012 election approaches, they are making all kinds of wild promises once again. Well you know what? It is all a giant sham. The United States has gotten into so much debt that there will be no coming back from this. The current system is irretrievably broken. 30 years ago the U.S. debt was a horrific crisis that was completely and totally out of control. If we would have dealt with it back then maybe we could have done something about it. But now it is 15 times larger, and we are adding more than a trillion dollars to the debt every single year. The facts that you are about to read below should set America on fire

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Added: Feb-12-2012 Occurred On: Feb-12-2012
By: caddy56
In:
Politics
Tags: US debt, depression, economy, corruption, lies, government, economic collapse, federal reserve,
Location: Washington, District of Columbia, United States (load item map)
Views: 7128 | Comments: 62 | Votes: 2 | Favorites: 5 | Shared: 16 | Updates: 0 | Times used in channels: 2
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  • Comment of user 'fido321' has been deleted by author (after account deletion)!
  • Forget all this data; it's really simple to understand. It's actually just a big game of musical chairs, and the music is about to stop. And the losers will be dead, unless they are prepared.

    See, now wasn't that easy?

    Posted Feb-12-2012 By 

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  • Comment of user 'StopTheCancer' has been deleted by author (after account deletion)!
  • Credit default swaps, fractional reserve banking, sub prime lending, derivatives, quantitative easing...these should be issues dominating the news on a daily basis, but no, it's swept under the carpet while Americans are liable to pay the debt for years to come without ever seeing any change or benefit. It's like trying to put out the fire by throwing in more wood.

    Posted Feb-12-2012 By 

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  • Comment of user 'cswartz' has been deleted by author (after account deletion)!
    • @cswartz You mean people still vote for Democrats or Republicans? Quite hard these days to tell the difference between the two.

      Posted Feb-13-2012 By 

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    • Comment of user 'blaine131' has been deleted by author (after account deletion)!
  • 70% of the federal budget goes to assistance programs. The federal government sent a record total of $2 trillion to individuals in 2010. More than one in three Americans lived in households that received Medicaid, food stamps or other means-based government assistance, according to a new report.

    And when Social Security, Medicare and unemployment benefits are included, nearly half of the nation lived in a household that received a government check, according to the analysis of third-quarter 20 More..

    Posted Feb-12-2012 By 

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    • @peaceseeker No, all flavors, ages and colors. Some argue the economy and unemployment has been responsible for some of it. Others say the repeated extensions of unemployment benefits has made many people lazy and not motivated to work. Why should they when they can get 3/4 of their previous salary for free? I can see Social Security payments rising because the population is aging, but then why keep extending the Social Security tax cuts. That means billions of $$ less going into the program. O More..

      Posted Feb-12-2012 By 

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  • "But do our leaders care about statistics such as these?
    No."

    Why should they? they care about being elected.

    "In fact, Barack Obama says that we need to raise the debt limit by another 1.2 trillion dollars.
    The absurdity of raising the debt limit when we are already in so much debt is beautifully illustrated by the video posted below...."

    Exactly! but if Obama suggested to you, and the millions of American voters that you will have to repay the money you owe, stop driving More..

    Posted Feb-12-2012 By 

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    • Comment of user 'fido321' has been deleted by author (after account deletion)!
  • Revolt people revolt... its time to do a do over!

    Posted Feb-12-2012 By 

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  • "WHAT WE DO IN LIFE ECHOES THROUGH ETERNITY"



    REMEMBER JANUARY 3, 2007

    Someone should save these type e-mails and mass distribute them during the
    month before the 2012 elections.

    The day the Democrats took over was not January 22nd 2009, it was actually
    January 3rd 2007, the day the Democrats took over the House of
    Representatives and the Senate, at the very start of the 110th Congress.

    The Democratic Party controlled a majority in both chambers for the first
    time since the end of More..

    Posted Feb-12-2012 By 

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    • Comment of user 'blaine131' has been deleted by author (after account deletion)!
  • Comment of user 'DaJonkelNL' has been deleted by author (after account deletion)!
  • I clicked the link to the whole video. It's pretty good.

    Posted Feb-13-2012 By 

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  • Comment of user 'buoymarker' has been deleted by author (after account deletion)!
  • My strategy is to drink it away.

    Posted Feb-13-2012 By 

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  • I love the video. Same philosophy the American government uses.

    Posted Feb-12-2012 By 

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  • Future generations are going to be so screwed. They're gonna be forced to live a very hardscrabble existence, and they are going to blame their elders for their misery.

    Posted Feb-12-2012 By 

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  • "We" are not to blame, the politicians who sold out this country and the Federal Reserve are to blame. And guess what, I'll bet you my fiat currency that this is all part of their plan.

    Posted Feb-12-2012 By 

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  • Too big to fail.

    Posted Feb-12-2012 By 

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  • You could plaster it on every billboard and every TV everywhere, and the majority of Americans (well, people worldwide) are either too brainwashed or to stupid to believe things could be in such bad shape.

    Cognitive dissonance is a real bitch. Folks, we're all fucked for the next couple of decades (or worse).

    Posted Feb-12-2012 By 

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    • @RickPerry2012 ,

      Because we've got some idiot Nobel Prize Winner at the New York Times who says our government can only solve the problem by borrowing and spending even more.

      We live in an era when complete and utter morons like Paul Krugman are being awarded Nobel Prizes. We live in a kakistocracy, i.e. a society run by its worst, least talented and least honest citizens.

      Posted Feb-12-2012 By 

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  • hahah great vid and great point!

    Posted Feb-12-2012 By 

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    • @zenshiva also, i hate to burst the overly conservative bubble (the ones that hate RP) but facts don't lie and your shitbag conservatives have been draining our money for ages:

      http://en.wikipedia.org/wiki/File:Federal_Debt_1901-2010_.jpg

      Clinton reduced debt in a major way. He increased taxes too so I'm not completely pro-clinton but this post ignores ALL democratic effort to reduce public debt.

      Posted Feb-12-2012 By 

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  • what if all americans just leave america all at once what than eah ...

    Posted Feb-12-2012 By 

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    • @MrFailAlot How about if we just call in sick for a week?

      Posted Feb-12-2012 By 

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    • @MrFailAlot

      I bet you if somehow all Americans apply for a passport as a form of protest, Congress will pass emergency laws that would stop any cash cow (taxpayer) from leaving...lol

      All of a sudden you'd see the fence between Mexico and the US raised and electrified very quickly...


      .

      Posted Feb-12-2012 By 

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  • Every damn American wants a piece of the pie.
    Nobody wants to give up their pie.
    All wanted their neighbour to sacrifice their pie.
    Everyone wanted their pie to be bigger than their neighbour's.

    So fack it.

    Posted Feb-12-2012 By 

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  • #7 During the Obama administration, the U.S. government has accumulated more debt than it did from the time that George Washington took office to the time that Bill Clinton took office...must be before you adjust for inflation

    Posted Feb-12-2012 By 

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  • This seems to not account for anything from 2000 - 2008... lol.

    Posted Feb-12-2012 By 

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  • After years of puzzlement and curiosity observing modern day Democrats, I think I have finally figured them out.
    I'm constantly amazed that modern Democrats have evolved beyond living in caves. I mean what other animal on this planet can disregard all common sense and logic and survive? Scientists have recently discovered that even giant sea slugs that do not possess a brain as such can learn from past experiences. That puts them a leg up over the current crop of liberals in this country. I used More..

    Posted Feb-12-2012 By 

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    • @ZANGADO Well, what can we say? A perfect example for why I post this particular comment on a very regular basis. It's absolutely appropriate and it will never get old on this site. So, with out further adieu: "What you've just posted is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award More..

      Posted Feb-12-2012 By 

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    • @seangail

      These are possibly the 5 best sentences out there:


      1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

      2. What one person receives without working for, another person must work for without receiving.

      3. The government cannot give to anybody anything that the government does not first take from somebody else.

      4. You cannot multiply wealth by dividing it!

      5. When half of the people get the idea that they do not have to work beca More..

      Posted Feb-12-2012 By 

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    • @ZANGADO "The simple fact is that Democrats are the Dodo birds of the human race"
      I got news for ya! The problem crosses BOTH party lines! The same kind of idiots were voting for the same kind of idiots to the presidency! Today's mess is the result!
      Do you know what the definition of insanity is?.....Doing the same thing over and over and expecting different results!

      Posted Feb-13-2012 By 

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  • I don't believe Carl Sagan could even truly grasp those numbers...

    Posted Feb-12-2012 By 

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