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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Smiling Bob who wrote (227421)11/4/2009 4:59:26 PM
From: Smiling BobRead Replies (1) of 306849
 
Found this interesting site
This debt will never be paid. There is no way to make good on it.
No matter how much they want to spin and forestall, we are bankrupt. So if the country is bankrupt, what next?

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"Today, as we stand before the dawn of a New World Order run by internationalist financiers, most of the revenue collected by the Federal government in the form of individual income taxes will go straight to paying the interest on the debt alone. At the rate the debt is increasing, eventually we'll reach a point where, even if the government takes every penny of its citizens' income via taxation, it will still not collect enough to keep up with the interest payments. The government will own nothing, the people will own nothing, and the banks will own everything. The New World Order will foreclose on America." - Taken from Sheldon Emery's "Billions for the Bankers, Debts for the People".
silverbearcafe.com
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