Saturday, June 18, 2011

The Door is About to Shut for Americans

The Door is About to Shut for Americans
"Anyone aware of the US Government's real financial situation knows that time is running out.
The Government has $15.5 trillion in admitted debts but those debts, when calculated under Generally Accepted Accounting Principles (GAAP), or 'honest accounting', is over $70 trillion.
$70 trillion divided by 300 million+ Americans works out to $233,000 per person in US Federal Government debt and obligations.
Or nearly $1 million per family of four.

That does not included personal debt, state debt or municipal debt."

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