- Our Debt is higher than the total output of the entire nation.
- Our deficit (Spending over and above income) continues to grow.
- The President just requested that the debt ceiling be raised to over 1 trillion dollars MORE than the total output of the entire nation. (up to 16.something trillion $)
- Politicians talk about "reducing the deficit" but not making actual cuts in spending, just reducing the amount of spending that is over the amount of income (never coming within the amount of income, always spending more than they make).
- Our money is paper backed by "faith" and nothing else.
- The Federal Reserve prints more money whenever they want, which devalues the money in your wallet and bank account (inflation, which causes prices and interest rates to soar).
- China holds the most US debt than any other country, enabling the US to build a house of cards that can then be blown down causing catastrophe for us.
- China is buying gold in record amounts. They will have something of value if/when their investment in US Debt turns to muck. They could even be the ones to collapse our monetary system. Don't think so? Read this.
To borrow from Private Pyle, We are in a world of shit. Sorry to be vulgar. We all need to be learning and reading as much as possible from sources not connected to cronyism or benefiting from the current conditions. We need to turn off American Idol and The Biggest Loser and read Rothbard and Mises and the founding fathers and the Constitution. We all need to take that education with us to the polls and govern OURSELVES by voting for people who understand the gravity of our situation and who are not influenced or funded by the people that got bailouts.
We are in an unprecedented moment in US History. We have over-extended ourselves, and we must make real change. We must not allow the status quo to continue. We must NOT let the media or winds of popularity make our decisions for us. We must not allow spending to go on unhindered. We must not isolate ourselves with military action based on questionable or outright wrong information. We must not meddle in the affairs of other countries. We must defend ourselves and restore fiscal sanity to our nation.

