US can not pay off its debt the interest it being paid out of NEW money (debt) coming in oh man this isn't good :eek:
lets keep those nukes well oiled just in case they can't do nothing to USA as long as it has the power
The biggest ponzi scheme is Social Security. The government is really good at only one thing - running ponzi schemes. with that much experience, you'd have thought they would have sniffed out Madoff a long time ago.
And good for grandstanding for the camera chastising bank CEO's Some of them couldn't get the CEO's names right and for sure many of them didn't know the difference between what Citigroup does and what Goldman does. Blankfein had to say "er, we're not in the consumer lending business" Meanwhile half of them were pushing banks to lend to the very people that are now calling themselves "victims". no wonder gold broke out again today. Yes OP, government finance and transparency is just like a Ponzi operation
Yup...just look at the Roman Empire. Oh wait a minute, Rome collapsed from the inside. A strong military doesn't mean anything. Power comes through trade and the US is ridiculously dependent on foreign countries. If you cut the lifeline, the strongest of giants will fall.