Sunday, July 25, 2010

TED NUGENT: America's economic hari-kari

TED NUGENT: America's economic hari-kari - Washington Times
"Anyone with a lick of common sense will tell you that when you are in a hole, you need to quit digging.
Continuing to dig will only create a larger problem.
Do schools teach this?

Recently, even President Obama's national debt commission told him that his continuing spending orgy is digging America into a gigantic fiscal hole.

Next year, America's total debt is expected to exceed $14 trillion.
Each American's share of that debt totals just short of $50,000.
If Fedzilla would be honest and put all the figures on the table, we would see that we are in debt more than $100 trillion because of the financial obligations for Social Security, Medicare and Medicaid.

That's $100 trillion.
One hundred percent predictable, 100 percent preventable."

The Nuge speaks the truth!
Will we listen?

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