Wednesday, November 28, 2012

America's coming financial catastrophe

This message from Joseph Farah contains a link to a excellent 6-minute video which very simply explains the financial problems that the Congress and the controlled news media are ignoring.

My next post will be Joseph Farah's suggested solution.

Read more

Bruce

"I advise every American to take a few minutes to view it if you want to understand why Washington is plunging off the fiscal cliff, even while the Democratic and Republican establishment talk about averting it.

All one really needs to do is view the 2013 budget from a high level. Don’t worry about the details. Just take a peek from 30,000 feet to see the crisis.

The budget is 3.8 trillion.

Projected revenues are $2.5 trillion.

That leaves a $1.3 trillion deficit."

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