Anyone else feel the same?

[robmandel]

here's the real story ( I teach econ in high school and formerly at local junior college)

http://www.whitehouse.gov/sites/defa...ets/tables.pdf

table S-4

Mandatory spending (soc. sec, medicare, ALL entitlements): $2073 billion
Interest on Debt: $230 billion

Tax Reciepts (all sources): $2303 billion

In other words EVERY SINGLE DOLLAR of tax revenue goes to entitlements and debt service. The paperclips on your congressshit's desk were paid for with borrowed (i.e. printed by the fed) money. The bullets our servicemen are shooting at the bad guys, yep, on the credit card. Etc.

the federal government is simply a middleman between those who earn income and those third parties who claim some part of other's income as their birthright, who've done nothing for it other than demand it. Oh, and vote for "the state", as it has the guns to take it from you and give it to them.

end the system of fiat, debt-backed currency.

I have a funny example of this. I collect/invest in "junk silver", pre-'65 coins with NO collector value. I brought in a 1951 quarter to class. In 1951, it bought almost a gallon of gas. Today, it buys MORE than a gallon of gas. That's correct, a quarter will purchase a gallon of gas. But it has to be a real quarter, made out of real metal. Real money never loses value, it only increases in value.

but of course that would reign in the state. it would end the welfare/warfare state.

one can only dream. in the meantime, I'll try to find time to fish!!

[Devildawgjj]

Originally Posted by robmandel

here's the real story ( I teach econ in high school and formerly at local junior college)

Have you shown your students Zeitgeist: Addendum?

I had to watch it for one of my graduate classes. It definitely raised some eye' brows. I recommend spending the time and watching all of it!

Start a 5:00 and watch it from there....http://www.youtube.com/watch?v=NT-2fenmLnc