With all the other news being broadcast that seems to have taken center stage we have a tendency to overlook other important factors that once were on the minds of everyone. It is not that these topics no longer matter but rather we just seem to place them on the back burners. 

     What has been missing from all the important topics of discussion lately? Something that is so very important it cannot be ignored as it effects each and every American citizen today and all American citizens in the future of America. In fact, the ignored importance has set the stage for the pending disaster that will befall this nation in the coming months, the crash of the economy. It is the continuing debt being created by the current political establishment. The ever increasing debt has long since passed the point of sustainability and is now at a level that cannot be repaid by the citizens of this country for the next several generations to come.

     The national debt today has reached a level that exceeds most Americans ability to comprehend just how much debt America owes and why this topic must be continually be brought to the forefront of our concerns. When the term national debt is used we tend to think of what our country owes when in fact, the term implies what we, the American citizens owe. That includes every man woman and child in the country today and those who will be born in the coming days, months and years. It is referred to as a personal debt (currently computed to be $56,000). That means as the government borrows from other countries the debt is passed to each of us, making each and every one of us today and our future generations responsible for that debt.

     To illustrate how much the debt has accumulated, the national debt when Ronald Regan was president was less than one trillion dollars. Today, the national debt exceeds eighteen trillion dollars. That is trillion with a T. There was a time when a million dollars was considered to be a lot of money. Then, billion became the new number and million seemed to be so much less. Now, the new number has become trillion. When becoming a millionaire seemed difficult suddenly the trend has become to attain the status of a billionaire. It was a huge leap. Now the trend is to become a trillionaire.

 

     In order to understand how much any of these big numbers really are, think of the number in terms of seconds instead of dollars. A thousand seconds equates to roughly 17 minutes. One million seconds equates to  roughly 12 days. One billion seconds equates to about 31 years. One trillion seconds equates to  roughly 31,709.8 years. Now, think of our national debt of $18,775,084,981,440 as of December 15th.It is estimated the amount of debt will reach 20 trillion by the time Obama leaves office. Our government is currently spending roughly $33,000 every second or $1,980,000 every minute or $118,000,000 every hour or $28,512,000,000 (28 billion, 512 million dollars) every day. We should all be aware of the legacy we will be leaving to our children, their children and their children's children. And we all have to agree that the national debt by the year 2030 will have already have driven this country into bankruptcy and there most likely won't be an America as those holding the loan IOU's will have already foreclosed and taken this country lock, stock and barrel. We need to keep this important topic in our minds at all times as it is a sobering reminder of what happens when we the people allow our elected leaders free reign without constrains when it comes to our financial matters. I realize that the majority of people will say it is too late to worry about this, that there was nothing they could do, and maybe the next elected leader will show more responsibility and will offer a reform. To those I say do not hold your breath. The taxman cometh.

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  • Patriot Vet - thanks for posting this very important point of discussion.

    This national debt crisis pervades every single point of discussion across this Forum. Also, points of discussion raised by Morning Star,  also threads into all Forum points of discussion.

       The national debt is one of several very dangerous waving, threatening flags underlying the 'Prepping', 'Off-the-Grid', 'Secure Self-Sufficiency' movements across America. And, by the way - movements which the Fed.s have already well begun acting forcefully against.

         Foreign creditors have already ! begun purchasing huge amounts of land; receiving special Fed. allowances for occupancy & usage of open federal lands & some few National Parks. Patriot Vet - the breakdown is already begun - for over the past decade and more..

        We no longer have a 'Constitutional Republic'. We no longer have a 'Representational National Government'. What our forefathers stated at the time of enacting our original Constitution has come glaringly evident. "...you have a Republic.... if you can keep it..." ; "[the continued existence of our America depends upon its citizens to live and practice a moral, righteous, self-controlled living. If that does not continue, America is lost....]".

        It is well over the time, Patriot Vet, that groups of citizens, patriots, veterans [especially ] assemble together to form secure, self-protective, self-sufficient, resourceful units of manageable size. As this happens & extends, we patriots will be able to securely come together as larger mutually protective bodies. We as 'Vets' must now go 'under cover' & begin persuading & exerting long lasting positive & preparatory units of manageable sizes.

        Too, we must ! become fully aware that Forums as this, are monitored & covered for content by powers beyond our control.

         To these ends, we must also realize, that, ultimately, God is in charge ! We must ! increase our  hourly to daily practice of our Christian faith.

       

    • Patriot Vet - I remain concerned as to the reasons that no other members of this Forum have as yet commented / replied upon this very important issue which you raised as a specific point of discussion.

         The National Debt is the larger of several gorillas in the house ! With the Trans-Pacific Treaty Pact, this condition could well take down America's economy, industry, stability, commerce, and any political stability - that is the divided kernels of political stability remaining.

          The Republican Party has totally abandoned ! its constituents with the passage of the 'Omnibus Budget' Act. This was a total ! give away by the Republicans. Harry Reid rejoiced on Washington capital's steps ! He reveled in the total passage - far beyond that which leading Democratic politicians even hoped for ! the Republican Party just MERGED into the Democratic Party ! The National Debt now has NO LIMITS ! The National Debt, with the TPP, is a huge calling card for America's creditors to COME GET US ! GRAB THE LOW HANGING FRUIT. OBAMA'S GIVEN UP AMERICA !

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