Made BEFORE the current crisis, more scary now. Scott Bittle and Jean Johnson discuss their book, “Where Does the Money Go?” and the mounting debt and deficit of America. They offer an estimate of the time until the failure of Medicare and Social Security, and general suggestions to address this problem. See IOUSA the movie, visit the YouTube site www.youtube.com See also Health care reform, a look at successful systems of Taiwan and Switzerland, probably acceptable to US, and similar to some existing US models. www.youtube.com Farm Subsidies: Welfare To The Wealthy, Costs You Billions www.youtube.com WELFARE for the Wealthy, as US Poverty, Hunger Increase www.youtube.com Fall of Rome vs Failure of American Politics and Economy www.youtube.com PBS Bill Moyers’ personal take on Karl Rove www.youtube.com Iraq Cost Accounting, Bill Moyers www.youtube.com Earmarks, Washington Contributions, Corruption, Moyers pt1 www.youtube.com John McCain on earmarks www.youtube.com www.youtube.com Free Lunch, Corp Welfare, Bill Moyers and David Cay Johnston www.youtube.com John C. Bogel and Moyers, Capitalism and Democracy Pt 1 www.youtube.com 60 Minutes segment, third world charities providing healthcare for American working poor www.cbsnews.com Visit the PBS archives to see the complete show and more of Bill Moyers. www.pbs.org
To me It’s like they are bankrupting america on purpose
to control the masses. they like being rich
Only Americans who continue to use Debt Notes from the FED and hold adhesion contract to the Federal Government are in debt. Freemen are not. We don’t wage wars against people or other nations, the Federal Corporation does…the Republic’s “democratic” strawman.
400,000,000,000 dollars of ‘debt’.
Panic, panic. But why?
who is this ‘debt’ owed to?
Who is so filthy rich that they could ‘lend’ America this amount of money?
What would happen if these (invisible) filthy-rich ‘lenders’ were told ‘we’re not paying you back’ ?
What would happen if this ‘debt’ was simply ‘on paper-off’ ?
I just don’t get it. Are we being lied to?
Yeeeeh, the problem’s too much social security and healthcare! Are you people retarded? Two of the equipment that justify the government’s very existance is social security and healthcare. Here’s the truth: Your problem is welfare for the rich; too many contributions for bussiness and rich people; too many loop holes and tax cuts for the rich and corporations eating into revenue the American public deserve, and too much dissipate esp. on wars inc. war on drugs, war on “terrorism”.
so… If th U.S is in debt to china, how does the U.S pay , does it give china U.S currency to spend or chinese currency. This makes no friggen significance.
i am so pleased i just got my free amazon voucher at FreeAccZ. info
History proves that our forefathers positive farmers to grow cannabis to yield commercial goods like rope, paper & other manufactured goods & services. They also used the tax revenue to make roads & pay for maintenance fees for buildings & construction of Fed. buildings. George Washington & Thomas Jefferson both positive it. It’s not addictive because it’s not an “opiate” like prescription drugs are. You cannot overdose or die from it either. Be serious about it & learn the facts.
If lawmakers in D.C. were “really” serious about paying down our Inhabitant Debt, they would pass Federal Legistlation to authorize cannabis & tax it. The savings alone spent on enforcement would pay for most, if not all of the interest we owe each year on the debt. The tax revenue accumilated from the sale of cannabis would pay for the interest & a large amount of the debt itself. It’s unconstitutional for our Fed. govt. to prohibit what American citizens point out to place into their own bodies.
It is sad that this video only has 12,000 views. Jimmy Kimmel on Jay Leno has 620,000 views. It goes to show that Americans are too buisy with their own entertainment and self masterbation than to focus on vital equipment.
“Patriotism is simple to know in America. It means looking out for yourself by looking out for your country.” Calvin Coolidge
Join The Free Enterprise Nation in protecting and promoting for the REAL foundation of AMERICAN economy – the PRIVATE sector employers and employees.
The Federal governments debt affects all Americans because it must use resources that could be used on programs, tax relief or inhabitant defense to pay interest on our inhabitant debt. The government spent $173 billion in 2009 on interest owed on our inhabitant debt, and will spend an estimated $400 billion on interest over the next three years.
Earmarks are excellent because they:
-address miscellaneous items and projects that the general budget did not address
-can make jobs
and
-improve infastruce, agencies and many other items.
Constant prosperity through credit is no more possible than constant peace through heroin.
But where did the money go ?????????
IF YOU PEOPLE WANT TO FIX THIS SHIT, THEN WE MUST PUBLICLY FUND CAMPAIGNS. That way all candidates have an even playing field and the GODAMN LOBBIESTS ON “K” ST. Can’t Buy legislation, or seats in Government. All roads lead to Campaign REfinance! Teachers and Firemen can run/win also then, instead of just rich people buying there way in. Yes I know it would be expensive, but not outrageous. The question is= “IS your democracy/country worth it?”! Well is it? Support healthcare reform!
The thing about all of this BS is that the 104th Congress ALREADY WORKED on this issue…. they already were there and willing to face it, but it was people like Bill Moyers who fought AGAINST the 104th Congress, and their fiscal responsibility platform.
A** Holes.
watch “America, From Freedom to Tyranny”. 100% of the income taxes we pay every year goes toward re-paying the inhabitant debt. There is never anything left to run the government or its programs. So raise the taxes…like its ever going to matter. Im moving to Canada **** this government.
China and Japan…who buy American Bonds…now China is acting desparately to get out of the American debt quagmire
That i Reckon could fix this dam crisis before it boils over the pan gwynedd1. but we do we start to do this who knows.
These people don’t talk enough about WHO exactly we are in debt TO!!!!!!!
Presume if america took those scum bag career criminals and ‘got rid of them’ so tax payers didnt keep them warm n fed? Presume if u took able americans who refuse to work and let them starve? Presume if america stopped allowing the top 5% to **** the rest of hard working american class…oh what a world that could be. But it starts at home folks, it starts with you…and calling congressmen won’t get u anywhere. It starts with your wallets and bank accounts.
What makes me mad about this is they keep immodest about the symptoms jet never touch the real issue witch is our dept money logic as most of the dept is interest witch was not made in first place no one is ever going to be able to pay this ever growing dept back thats why they Owen us! All what we make is theirs they by it up wit nothing but paper + interest attached to it its legalised theft! Solution End the Fed issuing power back to congress as constitution says!
England does not suffer from this crisis? Remove your head from your **** . Have u not noticed the complete disaster that is the UK banking sector?. The 10s of thousands of jobs lost accross the UK?- get back on your spaceship.
Of course. Why are we always in debt? Money is debt. The entire basis of our money supply is treasuries. We should just end the facade and convert the inhabitant debt into treasury notes. Then we can stop the 45 trillion of bank credit money that is real debt at interest that can never be paid. Get rid of the bank leeches and we could pay those obligations. These people are buffoons.