WHO OWNS THE US DEBT: SOME THINGS TO PONDER
Here's something worth pondering. Scroll down the article linked below to the pie-slice diagram of who holds the national debt of the United States:
Note that, if one totals up the amount of debt owned by US government institutions, individual citizens and so on, the largest amount of it remains in American hands. One senses, however, if one looks at that disturbing "Social Security Trust fund" slice of the pie, that one is looking at a vast financial "three card monte" going on, or one of those magic tricks where you're supposed to guess under which cup the little ball is. In this case, the ball - the national debt - could be under any number of these cups, and there are a lot in play.
Look at something else: China, Japan, the United Kingdom, and Brazil are the overwhelming foreign owners of American treasury bonds, with the two Oriental powerhouses leading the way...
...makes one wonder, when the Japanese Emperor visited Beijing last year, for a cordial "let's bury the hatchet" discussion, if they weren't talking about burying that hatchet in us...
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Is there any way to stop all this? It doesn’t seem like it. Many days I’d just like to join my cats under the bed.
Actually, sometimes euthenasia is humane, but to use the term “death panels” when referring to end of life counseling is to charge the discussion unnecessarily. Talking to your patients about care options near the end of life is not subjecting them to death panels or attempting to snuff them out. It’s a term that has proved very useful to one particular side in the debate over healthcare, & it isn’t very helpful. We need to get over our fear of discussing the inevitable.
That said, I do think that there are (maybe too) many out there who are trying to steal our quality of life out from under us – & they seem to be succeeding. I am not very hopeful that they can be stopped because we are now divided into factions & often at each other’s throats, not realizing that we are hurting ourselves by not finding ways to work together. They (the nebulous “they”, but I hope you know what I’m trying to say) are succeeding brilliantly with divide & conquer. We are stupid to let them. There HAS to be some way we can work together & stop ridigidly clinging to “our side.” If not, we – & the people of all the world – will fail.
My comment is regarding the 17.9% Social Security Trust Fund portion of the National Debt. One should remember how that came to be a DEBT. It was due to the congress stealing billions of dollars from the “Trust Fund” every year for the “excess funds” collected from future SS recipients to finance their pork-barrel projects. They then kicked in an IOU for the amount stolen and never gave it another thought. That is how the “debt” was created.
I and my employer have paid into this SS system for 45 years and now that I am ready to collect from it, I hear from the MSM, “It’s those damned old folks who are unfairly eating at the public trough.” The game is this: Devide and Con. First cover the theft by congress of the funds by getting the young to turn on the old. Then cut the hell out of SS and promote euthenasia (death panels) as a “humane” way to deal with the funding problem…A “Final Solution” so to speak. A generation numbed by the legal extermination of millions of babies by abortion will have little regard for the deaths of a few more million old folks to preserve the “limited resources” for the young.
Don’t be mis-led by this muddled thinkling logic to cover the theft of congress of SS funds. This is classic Nazi logic which says all of man’s problems can be resolved by DEATH of one group or another.