This was part of the
Postscript: For the occasion, we've pulled out the big guns: admittedly it was a tough choice deciding who to interview: we could've had Alan Greenspan on the show, or the Emperor himself, Milton Friedman; the first lady, Christine Lagarde; or financial buffs like Gerald Celente, Peter Schiff and Donald Trump. But to get the freshest juice we knew we had to go further - much further. Rap News 9 features two VIP Internet grandees who have uploaded gigabytes of juice via the one remaining free frequency to feed a discerning and ravenous audience, thirsty for answers. Whilst these two fine folk agree with each other on many things, fortunately, there's no shortage of issues to rap-battle about. Well, time's short - so let the rhyme-rodeo begin as we blast off on a rollercoaster odyssey. It's the stupid Economy, in all its gory glory.
RT's Kristine Frazao reports on the true story of Ron Paul's support nationwide. The only thing she forgot to mention is that the only thing keeping Dr. Ron Paul from winning a majority of caucuses and delegates is a combination of American mainstream media spin/ignoring of Ron Paul and the
very real possibility of voter fraud, as can be seen in this exposee article.
See also 1 Dollar a Gallon- The real price of Gas http://www.youtube.com/watch?v=-ad0se...
This is the single greatest threat to America.
The official national debt figure, now approaching $9 trillion, reflects only what the federal government owes in current debts on money already borrowed. It does not reflect what the federal government has promised to pay millions of Americans in entitlement benefits down the road. Those future obligations put our real debt figure at roughly fifty trillion dollars- a staggering sum that is about as large as the total household net worth of the entire United States. Your share of this fifty trillion amounts to about $175,000.
Don't believe for a second that we can grow our way out of the problem through a prosperous economy that yields higher future tax revenues. If present trends continue, by 2040 the entire federal budget will be consumed by Social Security and Medicare alone. The only options for balancing the budget would be cutting total federal spending by about 60%, or doubling federal taxes. To close the long-term entitlement gap, the U.S. economy would have to grow by double digits every year for the next 75 years.
The answer to these critical financial realities is simple, but not easy: We must rethink the very role of government in our society. Anything less, any tinkering or "reform," won't cut it.
To learn how to help change this
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