February 06, 2006

We're broke dammit! BROKE!!!

Read it and weep:

Later this month our Treasury once again will hit the "debt ceiling," a figure based on federal law that limits the amount of money the federal government can borrow. The total amount of federal debt as of this month is a staggering $8.2 trillion, a number that is almost incomprehensible. The effects of this debt, however, will be felt by all of us in the form of inflation, higher interest rates, and a weakened U.S. economy.

As economist Addison Wiggin states, however, "The Grand Experiment with paper money is running its inevitable course."

All of these factors make it likely the U.S. dollar will continue to decline in value, perhaps precipitously, in the coming decade. Will it take an economic depression before the American public finally holds the political class accountable for its reckless borrowing, spending, and counterfeiting?

The Bush Crime Family, the pussy-ass Republicans, and the coward-ass Democrats all take the blame for spending like a dumb-ass rapper who just got signed by Jay-Z!

Spend, spend, spend!

Bush wants more loot to pay for his illegal wars while congress pisses our tax dollars down the drain. This is some REAL BULLSHIT!

Get pissed dammit 'cuz we're broke!

Note: props to Florida Congressional candidate Frank Gonzalez for sending the news item!


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