Monday, January 28, 2008

The true "State of the Union": What you won't be told.

President Bush is about to give his "State of the Union" speech tonight. He most likely will start his speech in the first 2 minutes with the following familiar line, "The State of our Union is strong!" He will not be telling us the truth. He will have to lie to us, because the real truth would panic the American people. In turn this would panic world markets unlike anything in our history or the history of the world.

Here are some truths that will scare you and will test your knowledge:

Q. What do you think is the size of our national Debt?
A. Our Official National Debt is $9 Trillion dollars?

Q. Do you believe that number is a true number and represents the total debt of our country?
A. It doesn't!

Q. What would you guess our real National Debt is?
A. At the precise moment of recording this here it is $55,203,538,766,087.00. However by the time I hit the Publish button at the bottom of this entry it will have increased by $1 million dollar for each 15 seconds.

Q. How long would it take to pay this amount off?
A. If we paid it off at a rate of $1 Million per day, it would take us 3,000 years to pay it off.

If you would like to check these facts out for yourself, go to the Institute for Truth in Accounting web site by clicking on the words:
Truth in 2008.Org and check the facts out for yourself. It will give you an education on the one hand and scare you on the other. It is one of the most informative web sites on the real financial health (or should I say sickness), of our country. We should ask all the Presidential candidates what they plan to do about the real debt.

Oh, and one last thing:

Q. Do you know your share of paying off this debt?
A. $182,000.00 per person for every man woman and child in this country.

Feel like you're holding your own? Think again!

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1 Comments:

Anonymous Anonymous said...

I'd be skepticle of any organization with the word "truth" in they're name. Like swift boat vetrans for truth...

7:57 PM  

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