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The US is bankrupt.... the US government cannot pass an audit....the accrued liabilities of the federal government “totaled approximately $53 trillion as of September 30, 2007.” No funds have been set aside against this mind boggling liability. Just so the reader understands, $53 trillion is 53,000 billion. The American economy has been devastated by... a free trade ideology that benefits corporate fat cats and shareholders at the expense of American labor. The dollar is failing in its role as reserve currency and will soon be abandoned. (en) |