State of the nation

June 4, 2005

coming soon to the USA and everywhere else

Filed under: socio-political

Life and Debt: Is this us?

Think it’s just a third world problem?
Think again.


Riskiest US debt post double digit losses


The borrowing by Congress to fund their immoral and unconstitutional wars, UN dues, 18% of the IMFs budget, billions in corporate welfare, trillions in foreign “aid,” all these social welfare programs and basic government functions continues to rack up debt at a rate of $1.69 BILLION dollars a day from an empty treasury. Quite a trick.

Fiscal gap estimated at 72 trillion and counting.


received an email recently from a 55-year-old, unemployed American who had been to 14 States looking for work. He couldn’t find any, he said, because “I am not a Mexican.”


Europe must undergo “structural reforms” - the adoption of “free market” measures, cuts in social welfare and a more “flexible” workforce - in order to boost growth. But, according to a member of the European Central Bank (ECB), these measures do not seem to be working.

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