You Can't Handle the Truth: The U.S. is Bankrupt (Er, Insolvent)
Posted on Dec 19th, 2006
by
~C4Chaos
i made two bucks today. w00t!
Uploaded by ~C4Chaos on 19 Aug '05, 10.53pm PDT.
The Bad News: The U.S. is Bankrupt (er, insolvent).
"The US is insolvent. There is simply no way for our national bills to be paid under current levels of taxation and promised benefits. Our federal deficits alone now total more than 400% of GDP." Read more.
Thanks to Integral Options Cafe for this swell news. You won't even see this in the front page of Google News. You have to digg for it. Go figure. Thank goodness for blogs.
To Political blogs: You can now pause worrying about that Iraq Report.
The Good News: Life is Good.

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