Economic NewsWith the word trillion be passed around like it's nothing more than a drop in the bucket to the "richness" of America, let's take a look at the number 1 trillion and what it really means. Going back in history 1 billion seconds will take you back just over 31 years. So you will probably say that 1 trillion seconds will go back, [what?] to the dark ages? WRONG! Going back in history 1 trillion seconds would take you back...[Are you sitting down?] to 29,000 B.C. Did you get that? That's 29,000 years before the year 1 A.D George W. Bush doubled the debt from 5 trillion to 10 trillion in 8 short years. If you were to print 1 of those dollars every second it would take 310 thousand years to reach 10 trillion dollars. The national debt, counting total future liabilities, is around 55 trillion dollars. Now do you see the magnitude of criminal behavior going on in Washington D.C. You are being sold into slavery. Now ponder what they are saying about the total amount of money tied up in derivatives: Over 1 quadrillion which translates to over 1,000 trillion dollars. You don't really own that coffee table you just "bought." To pay off our 55 trillion dollar debt 100 million Americans making $100 dollars an hour, working 40 hours a week, 52 weeks in the year, it would take almost 3 years to pay off the 55 trillion dollar debt....giving up every dime we made! Obama has an over 3 trillion dollar budget proposed in under 2 months of being President. Remember, 1 trillion seconds ago it was 29,000 B.C. - michael144 |
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