bartalonis
1st November 2008, 12:39 PM
Here are two good sites about our national debt:
This one (http://www.brillig.com/debt_clock/)seems to be good, although I haven't followed all of the links.
However, towards the bottom of the first page you will find:
Grandfather Economic Report on Federal Government Debt (http://home.att.net/~mwhodges/debt.htm)
I have been reading this site for a while this morning and it is quite interesting and informative.
We have a real problem with our national debt and our fiat currency and fractional reserve banking (http://goldismoney.info/forums/showthread.php?t=3993).
We are handing down to our children and children's children a real nightmare where they will be forced to slave away under a hopeless tax burden. They will be in servitude to the government far more than we are. We have to work 5-1/2 months to pay all of our taxes. Their situation will be much worse. I hope that we will all study up on these things and think hard about the consequences. We are becoming more and more a socialistic nation. This has occurred through both republican and democratic governments. Our government and it's regulations just keep on growing out of control.
BTW, I'm not making a judgement on the gold is money site one way or the other. This is just a good place to send people to get a summary of how our money system works. The guy's post at the top is a summary chapter from Edward G. Griffin's The Creature From Jekyll Island, A second Look at The Federal Reserve System. Griffin's book is a very good book about how the FED works. Our fiat currency is based on debt and will eventually become worth less and less as our currency is debased.
bartalonis
This one (http://www.brillig.com/debt_clock/)seems to be good, although I haven't followed all of the links.
However, towards the bottom of the first page you will find:
Grandfather Economic Report on Federal Government Debt (http://home.att.net/~mwhodges/debt.htm)
I have been reading this site for a while this morning and it is quite interesting and informative.
We have a real problem with our national debt and our fiat currency and fractional reserve banking (http://goldismoney.info/forums/showthread.php?t=3993).
We are handing down to our children and children's children a real nightmare where they will be forced to slave away under a hopeless tax burden. They will be in servitude to the government far more than we are. We have to work 5-1/2 months to pay all of our taxes. Their situation will be much worse. I hope that we will all study up on these things and think hard about the consequences. We are becoming more and more a socialistic nation. This has occurred through both republican and democratic governments. Our government and it's regulations just keep on growing out of control.
BTW, I'm not making a judgement on the gold is money site one way or the other. This is just a good place to send people to get a summary of how our money system works. The guy's post at the top is a summary chapter from Edward G. Griffin's The Creature From Jekyll Island, A second Look at The Federal Reserve System. Griffin's book is a very good book about how the FED works. Our fiat currency is based on debt and will eventually become worth less and less as our currency is debased.
bartalonis