National Debt of America - The Federal System

America is currently $37,000,000,000,000 in debt. ThisIf you are planning on retiring soon, don't. Social
is a serious debt problem by no means. It is notsecurity is fast disappearing right now. The stock
something to be taken lightly. We need to knowmarket is also a place where Americans are placing
what are the implications for our future. It can resultbets against fellow Americans. It's a gambling den
to foreign nations taking over America one day, aswhere wealth is merely redistributed. The
most of America's debts are owed to foreign nationsgovernment cannot even regulate the stock market,
using government bonds, among others.as it is corrupt by itself. But if you still have some
In the end, is America doomed to fail? When Americafaith left, you can simply invest on government
can no longer pay its debts and then end up gettingbonds that pays less than one percent.
bankrupt, the United Nations will then take overNow, Americans are no longer able to save money
America and liquidate all its assets. The debts ofwhile taxes are increasing. So many mothers and
America have been essentially caused by our trust towives are now forced to earn money to support
the government. We have been foolish andtheir families just like in the WWII. With more
indifferent as well.women working, it is already unusual for mothers to
With the current debt, America is shelling outstay at home and take care of their children. These
$40,000,000 every hour of interest payments. So allwomen who do so are also punished, as they are
the federal taxes that are collected from thebarely able to survive on just one income. Violence
American people is now used to pay just this intereston the domestic front is also increasing and these are
payment. This spells doom to our intent to becomeoften caused by lack of income for many American
debt-free in the future.families. But the jobs are not here in American soil
You may wonder what has caused all this debt woesanymore. They are taken away to other countries.
to happen. It is caused by no less than the FederalAnd our government has allowed this to happen. We
Reserve. When it was created in 1913 byare no longer blessed by God as a nation. More so
independent bankers like the famous Rockefellerbecause we have defended abortion, feminism,
family, it was intended to be privately owned andgambling, prostitution, theft, murder and other kinds
operated. Hence, it was outside government or publicof debauchery.
control. The Federal Reserve in itself does not haveAmerica is in a bad shape but there is still hope. We
any gold reserve. What we are now using as moneycan still reinvent ourselves by having a government
is worthless since it is not based on anything. This isthat was dreamed of by the founding forefathers.
the reason why John F. Kennedy wanted to removeWe have to believe on the four principal purposes of
the Federal Reserve through a Presidential executivegovernment. We need to curb our spending and fuel
order 11110. But he was assassinated in the end.economic growth. The decline on national productivity
America is now getting poorer by the minute whileand savings, thus, resulting to decrease on family
other nations are getting richer. We are nowincomes and family values, must be arrested.
importing goods from other countries (484 billionProductivity on education must be improved.
more) than what we are exporting to foreign nations.Government must regulate private enterprises and
What is happening is that millions of high valueencourage regulatory compliance. Inflation rates must
manufacturing jobs is being given to third worldbe lower while trade balance must become positive.
countries. We are now purchasing a new car byThe value of the U.S. dollar at the international level
paying the full price while those who build the cars inshould not be threatened by trade deficits. In the
Mexico and China are getting exploited. What's more,end, Federal Government Debt ratios must reach a
U.S. companies in foreign soil are also exempt fromnew high while the debt of the financial sector must
paying taxes on foreign goods as well.be reduced.