This is What Happens...

... when you sell your wealth to a foreign country. Good God. Our nation is so very vulnerable, it makes my knees quiver.

Russia May Swap Some U.S. Treasuries for IMF Debt

Russia may switch some of its reserves from U.S. Treasuries to International Monetary Fund bonds, the central bank said today. The comment drove Treasuries and the dollar lower.

...The IMF, which has rescued economies from Pakistan to Iceland in the past year, has never issued bonds before and is seeking more cash to finance loans and aid to member countries during the worst economic slump in the fund’s 64-year history.

Where did I see it posted that The U.S. national debt is over $500,000 on the head of every U.S. citizen?! And the debt just keeps on rolling through! You cannot run a country in this way! This is all some kind of nightmare or a very bad nuphedra review!

President Barack Obama on Tuesday proposed budget rules that would allow Congress to borrow tens of billions of dollars and put the nation deeper in debt to jump-start the administration's emerging health care overhaul.

The "pay-as-you-go" budget formula plan is significantly weaker than a proposal Obama issued with little fanfare last month.

It would carve out about $2.5 trillion worth of exemptions for Obama's priorities over the next decade. His health care reform plan also would get a green light to run big deficits in its early years. But over a decade, Congress would have to come up with money to cover those early year deficits.

...The federal deficit is on pace to explode past $1.8 trillion this year, more than four times last year's all-time high. The record borrowing is credited with pushing up interest rates, which could imperil chances for a recovery later in the year.

Are these people insane? Who is advising these actions? Why are our politicians absolutely hell-bent on killing our country and destroying our currency?! (I realize these are all rhetorical questions; please allow me to vent).

Today's national bills are so grossly exaggerated and we are so indebted that OUR COUNTRY WILL NEVER BE ABLE TO PAY IT OFF. The only way out is to completely eradicate the existing system. It is inevitable, truly. And there are only two choices with this: throw away the Keynesian policy and return to the original intent (gold standard and ditch the Federal Reserve); or, submit to a shared, global currency that is controlled by a select few (our Founders called this "slavery."). Which do you think will happen?