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Discussion » Questions » Finance » You do realize every citizen in the U.S is a debt slave paying off the country's interest owed?
O-uknow

You do realize every citizen in the U.S is a debt slave paying off the country's interest owed?

A sovereign nation is a carefully crafted delusion.

Posted - June 18, 2018
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Responses


  • 53531

      That's why I'm so glad that libs taut tout even MORE of those "free" programs that are fed by my hard-earned tax revenues.

    :[
    This post was edited by Randy D at June 19, 2018 6:59 AM MDT
      June 18, 2018 11:42 PM MDT
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  • 5391
    The word is “ tout”, Randy, not ”taut”.
      June 19, 2018 6:56 AM MDT
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  • 53531
     Doh!
    ~
      June 19, 2018 6:57 AM MDT
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  • 5835
    Are you one of those who sneered at the "preppers" back at the turn of the century? I have food in my house to sustain me through any hardship, and a stash of precious metals to finance rebuilding when the hardship is over. Do you?
      June 19, 2018 2:50 AM MDT
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  • 5391
    This isn’t entirely true. Not every citizen pays taxes. One has to have income or taxable assets, and not everyone does. 

    Prisoners, children, tax-exempt clergy, homeless and unemployed people, mobsters, and tax evaders are all citizens too, and are among those who escape this predicament. This post was edited by Don Barzini at June 19, 2018 6:45 AM MDT
      June 19, 2018 5:07 AM MDT
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  • "Only since 1789."

    Alexander Hamilton started the U.S. Treasury in 1789 with nothing,
    and that was the closest our country has ever been to being even.
                                                                 .....            Will Rogers This post was edited by Benedict Arnold at June 19, 2018 11:25 AM MDT
      June 19, 2018 7:21 AM MDT
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  • 6023
    Will Rogers has some great quotes ... but this one is wrong.
    In 1835-1836, the US debt was about zero.

    It was almost paid off, just before WW1.



      June 19, 2018 7:34 AM MDT
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  • 6023
    You notice the shift?
    We went from having a debt to pay for war ... which we attempted to pay off ... to a continuing debt just to operate on a daily basis.

    Again, we need fewer lawyers in government and more bookkeepers.
      June 19, 2018 7:37 AM MDT
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  • Thanks, Walt.  I posted it mostly because I thought it was humorous, but I guess that's not a good idea on here.  Thanks again.  :)
      June 19, 2018 7:52 AM MDT
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  • 6023
    Now, if we could only find all that gold the movies tell us was "lost" during the Civil War ... we'd have more than enough to pay off the debt.

    LOL
      June 19, 2018 10:17 AM MDT
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  • 2658
    www.usadebtclock.com/
      June 19, 2018 11:22 AM MDT
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