The Financial Collapse of America

You won't hear anyone concerned with the federal debt on the government-controlled news media. Everything is fine. Just ask Obama the socialist.

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Bruce

'“The United States is in very deep trouble. First, the concept of repaying $16.7 trillion in debt is not even a remote possibility over the next 100 years, even if the government had small surpluses."
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“The list of social programs is long,” writes Holland, “but the four major categories driving America into the Debt Trap are income security (Social Security, welfare, and other related programs), healthcare (Medicaid, Obamacare, and Medicare), education, and housing,” noting that “These programs did not exist until after the Great Depression.”
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Despite nearly fifty years of a Cold War with the former Soviet Union (1945-1991), Americans have been blissfully ignored its intention of the communist intention to destroy capitalism and have accepted a vast matrix of social programs that now represent $70 trillion in unfunded financial liabilities. Even after the collapse of the Soviet Union, their plan “to overwhelm America with debt, welfare, and entitlements—in other words, to bankrupt America has continued unabated.
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The “redistribution of wealth” is a totally communist concept and it is the intent of the Obama administration.'