The government is borrowing money! Why? The borrowing is going to sink us financially! We will have to devalue the dollar and default on bond interest payments! Why is the government borrowing money? Running the government on borrowed money is a disaster! Why are they doing this? Why?
Our debt is 12.8 trillion dollars and growing dangerously; yes, our debt; we the people owe this money to the debt holders, think not? think the national debt is some abstract accounting idea which has nothing to do with your daily life? Income taxes are extracted from you by the IRS and used to pay the interest on the national debt (! ! !) and you and I aren’t making a dent ! ! ! ! You are paying on this borrowing every day with taxes ! ! ! !
Borrowing by the government is a runaway freight train! When the train crashes , the result will be economic destruction ! Debt holders will take your equity; your house your condo; your car; your IRA; your 401 (k); the value of the US dollars in your fist will become nearly valueless! WHY IS YOUR GOVERNMENT BORROWING $$$$$$$?????? It is mandated by our constitution to “coin” [read coin as “print” and digitally issue] money, so ….WHY IS YOUR GOVERNMENT BORROWING ???????
Where is it written that we [through the members of congress] have to borrow money to run government? Oh, yes, the 1913 federal reserve banking act ……maybe we should revoke that piece of fraudulent, criminal, surreptitious, anti-American, loathsome legislation!! ! ! Who wrote the federal reserve banking act of 1913 ? Answer : bankers.
A cartel of bankers of the day wrote the legislation and with money and influence, got it through congress and having financed Tom Wilson's political ambitions, it was easy to get Thomas Woodrow Wilson to sign the bankster act into law ! Wilson later lamented, that in so doing, he had ruined America. I seems he did if we don’t repeal the feral reserve act of 1913! ! !! ! WHY CAN’T GOVERNMENT PRINT ITS OWN MONEY ?????????????
