> Obama Regime Report < Obama Regime Report: OBama And Pelosi Cause Federal Debts To Now Exceed the Entire GDP OF THE PLANET

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Saturday, February 14, 2009

OBama And Pelosi Cause Federal Debts To Now Exceed the Entire GDP OF THE PLANET

Does $65.5 trillion terrify anyone yet?

That should tell most Americans what realistic chance we ever have of paying off this criminal monstrosity the democrats passed yesterday in our present or next lifetimes, none.Here's what we're headed for thanks to this stake in the heart of America's financial debt:



This entirely partisan and selfish hijacking the future of every man woman and especially children all for their lust for power is turning this once proud and solid country into a European Nanny State that will soon implode upon itself and render the country an official third world hellhole. Unbeknownst to most Americans the federal debt and obligation balance sheet is already some 63 trillion dollars not the entirely bogus number bandied about by the "chattering class" led by Chuckie Schumer who we reported as others said we don;t give a damn right?.

Contact Chuckie
office 202-224-6452
fax 202-228-3027

No it's they who didn't give a damn what 70% of Americans said about borrowing 800 billion more dollars that we don't have for newly wrapped, everyday run of the mill Washington style pork.So be sure to thank your liberal family and friends for this, and do yourself a favor by heading to your local gun and ammo depot to arm yourself for the coming collapse of the United States of America as we knew it.

Their present excuse for the "Pelosi Reid Obambamboozle of '09 is the tried and tired "Bush's Illegal War cost more than this does" talking point you'll be hearing ad nauseum. So to them I say "You mean Bush's war that freed 50 million ungrateful Muslims from a lifetime of tyrrany, where Obama's folly will enslave 300 million working Americans to Washington Taxes and Hyperinflation for 2 generations"...... that's what you say back to those ignorant liberals, it shuts em up for a minute or two.

America is Broke Alright more ways than one

Federal obligations exceed world GDP:

WND Jerome Corsi:
"As the Obama administration pushes through Congress its $800 billion deficit-spending economic stimulus plan, the American public is largely unaware that the true deficit of the federal government already is measured in trillions of dollars, and in fact its $65.5 trillion in total obligations exceeds the gross domestic product of the world.

The total U.S. obligations, including Social Security and Medicare benefits to be paid in the future, effectively have placed the U.S. government in bankruptcy, even before new continuing social welfare obligation embedded in the massive spending plan are taken into account.

The real 2008 federal budget deficit was $5.1 trillion, not the $455 billion previously reported by the Congressional Budget Office, according to the '2008 Financial Report of the United States Government' as released by the U.S. Department of Treasury.

The difference between the $455 billion 'official' budget deficit numbers and the $5.1 trillion budget deficit cited by '2008 Financial Report of the United States Government' is that the official budget deficit is calculated on a cash basis, where all tax receipts, including Social Security tax receipts, are used to pay government liabilities as they occur.

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The urge to save humanity is always a false front for the urge to rule it. H. L. Mencken

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