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Peter Schiff: 'Of Course We're Not Going To Pay Back The Chinese' [Copy link] 中文

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Post time 2012-10-27 06:30:36 |Display all floors
FIRST NATIONS ( LAKOTA PEOPLE ) Heartbreaking - (Google Search for video) "to stay true to who you are. Never allow anyone make you different or think different about what it is you are created to be ...

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Post time 2012-10-27 06:45:54 |Display all floors
FIRST NATIONS ( LAKOTA PEOPLE ) Heartbreaking - (Google Search for video) "to stay true to who you are. Never allow anyone make you different or think different about what it is you are created to be ...

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Post time 2012-10-27 08:47:46 |Display all floors

RE: Peter Schiff: 'Of Course We're Not Going To Pay Back The Chinese'

FIRST NATIONS ( LAKOTA PEOPLE ) Heartbreaking - (Google Search for video) "to stay true to who you are. Never allow anyone make you different or think different about what it is you are created to be ...

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Post time 2012-10-27 08:58:17 |Display all floors

RE: Peter Schiff: 'Of Course We're Not Going To Pay Back The Chinese'




NATIONAL DEBT CHART FROM HELL




CHART: Interest On National Debt Vs. Defense Spending

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Washington's Spending Insanity Must Be Stopped

We're borrowing money to pay interest on money we've already borrowed.

In a decade, federal spending to pay for the interest on America's debt will exceed total spending on the defense budget by $125 billion, or 20 percent, according to CBO.

In fact, the interest payments are likely to be even higher, since these assumptions are based on the historically low interest rates remaining the same, which is not likely over the course of the next decade.

"If interest rates rise just 1% point above baseline projections, the government would pay an additional $1 trillion in interest payments over ten years." The projections are based on President Obama's current budget plan.  Overall, his budget would increase federal spending 58% - from a budget size of $3.6 trillion today to $5.9 trillion in 2022.



FIRST NATIONS ( LAKOTA PEOPLE ) Heartbreaking - (Google Search for video) "to stay true to who you are. Never allow anyone make you different or think different about what it is you are created to be ...

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