* “People seem to think the government has money,” said former U.S. Comptroller General David Walker. “The government doesn’t have any money“

* The United States Department of the Treasury and the Office of Management and Budget published a report stating that the U.S. cannot grow our way out of the government’s liabilities, that the liabilities are quickly growing, and that failing to take drastic and immediate action would lead to very bad consequences (the report was written in 2006)

* The International Monetary Fund - which oversees third-world economies - are so concerned about the solvency of the U.S. economy that they are conducting a complete audit of the whole US financial system

If you owed $455,000, you might very well have to file for bankruptcy, unless you had some rich uncle who could bail you out. But if your uncle had bailed you out numerous times in the past and if you had consistently broke your promises to re-pay him - he’d probably cut you off

Much food for thought methinks

This is 2006 Debit now it is mooooor