GAO: "USA is living beyond its means"
Uploaded by: Zeptocomp
Video Description:
A wake up call to all Americans from the U.S. Government Accountability Office (GAO) - (formerly the "General Accounting Office").
http://GAO.gov (since its over 10 min, i had to remove a few scenes in start to upload it) Also do read this from Federal Reserve Bank of St. Louis Review, July/August 2006, 88(4), pp. 235-49: "Is the United States Bankrupt?" http://research.stlouisfed.org/publications/review/06/07/Kotlikoff.pd
f "This paper explores these views from both partial and general equilibrium perspectives. It concludes that countries can go broke, that the United States is going broke...." - How can the US go bankrupt, when it can just print new money (US Dollars) at no cost? You cant, you just dont want people
to watch the money supply too close then, which is why FED stopped showing the M3 money supply in 2006: http://www.federalreserve.gov/Releases/h6/discm3.htm - but the huge supply of newly printed US dollars will decrease its value. Ask yourself if the US dollar has fallen in value against other c
urrencies lately e.g. the Euro, British Pound, Canadian dollar? or if gold or oil cost more in USD lately? - In God you trust......but the FED? Only one honest US politician will tell you whats really going on, Ron Paul. Not only does Ron Paul question the FED, he also want to shut down the IRS -
if you wonder why, watch this almost 2 hour long video, and I am quite sure you can understand. If you think this movie shown here is scary, you havent seen anything yet: http://video.google.com/videoplay?docid=-1656880303867390173 Forum: http://eucitizens.eu
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Our founders out it quite nicely with these words, "Mankind are more disposed to suffer while Evils are sufferable, than to abolish the Forms to which they are accustomed." They knew that human nature generally does not try to make improvements until the human situation gets so bad the individual
cannot tolerate the present condition. For most USAmericans to take action, government has to get worse.
Federal Reserve Whores
1 example of the madness:
(union)auto workers makes 40k - 80k a year(this deemed by the money changers as too much)-move it off shore.
Wall street ceos make over 100 million a year
Hollywood Actors/news media telepromp readers make multi millions for pretend and make-believe(feeding us fake news I E 911)
Why does he not talk about the 5% that hordes over 50% of the wealth. He puts too much blame on SS, Medicare and the few dollars average Americans have paid for and deserve. The Medical profession is CORRUPT; the prices are too high. He is ignoring the DEVILS(zionist jews, bankers and the economis
t)who "make paper money" and whom created NAFTA and then moved nearly 100 million jobs(created & out sourced) to China and India.