Posts Tagged ‘debt burden’

US Per Capita Debt Now Actually Significantly WORSE Than Greece

February 27, 2012

One day, not all that long ago, the Greek people woke up to learn that they had a serious, traumatic debt crisis that they couldn’t fix without going through years of pain.  Mind you, it had been going on for years, but neither their political leadership or their mainstream media informed the people of the developing disaster.

One day, not all that long from now, the American people are going to wake up to discover the exact same thing.

We’ve got two things the Greeks don’t have to make us all the more morally culpable for our disaster: 1) the Greek disaster itself; and 2) the greater freedom of information that America had by right until we allowed criminal leftwing propagandists to usurp our constitutional freedom of the press to challenge the status quo and print the truth.

We’re not as bad as Greece; we’re WORSE than Greece.

And when we come crashing down, it will be from a much higher place to a much lower depth.  And there won’t be any European Union bailout to help us.

U.S. per capita government debt worse than Greece
February 23, 2012 3:03pm
by Conn Carroll Senior Editorial Writer

According to a new analysis by the office of Sen. Jeff Sessions, R-Ala., ranking member on the Senate Budget Committee, the United States has a higher per capita debt burden than any European country, including riot-ridden Greece.

Using the most recent data available from the International Monetary Fund, the Senate Budget Committee found that U.S. federal government debt per capita is nearly $45,000. That is almost 15 percent higher than the per capita debt burden of Greece ($38,937).

The Senate Budget Committee also notes that our debt per capita would rise to $75,000 by 2020 if President Obama’s budget became law.

Earlier last month, the U.S. government’s total out standing debt, $15,419,800,222,325, surpassed the nation’s gross domestic product ($15,294,300,000,000).

Let me tell you something: it isn’t for nothing that the most prestigious prize in journalism is named after one of the world’s worst insults to “journalism.”

Barack Obama is leading this nation to a quick suicide that will result in a lingering and painful economic death and the media won’t report the truth.

The beast is coming.

America will fall very soon; and when it falls no nation on earth will have ever deserved to fall more.  Because we should have seen our death coming for decades and we refused to change our ways.  And because we chose as a result to consume a diet of constant lies and demagoguery from the propaganda media (and see another example here).

Jesus, speaking of God’s people Israel who refused to acknowledge reality and accept their promised Messiah, said:

“If you, even you, had only known on this day what would bring you peace–but now it is hidden from your eyes.  The days will come upon you when your enemies will build an embankment against you and encircle you and hem you in on every side.  They will dash you to the ground, you and the children within your walls. They will not leave one stone on another, because you did not recognize the time of God’s coming to you” (Luke 19:42-44).

We are just as determinedly blind as they were; and God will allow this nation to face a complete collapse as a result of our moral stupidity and our hostility to truth and reality.  And while God promised His special people the Jews that He would restore them, He made no such promise to America.  When we go down, there will be no coming back for us.

It will be after the collapse of America and as a result of the collapse of America that the world will be plunged into catastrophe and chaos unlike ever seen in human history as recorded in Revelation chapter Six.  The four horsemen of the apocalypse will ride in to plague the world, representing war, economic disaster, famine and the Antichrist.

The Antichrist will come riding in on his white horse to save the day and unite the world in the aftermath of the staggering disaster that Barack Obama is bringing.  He will be everything that big government liberals have ever dreamed of.  And you can be certain that the mainstream media will love him too.  But in only a few years his big government liberal policies will result in total hell on earth.