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Monday, July 18, 2011

economy - "A Citizen's Guide to the Federal Debt Limit Debate" (video 53m14s)

article source: http://thebsreport.wordpress.com/2011/07/15/hillsdale-college-video-a-citizens-guide-to-the-federal-debt-limit-debate/

From: Hillsdale College Sent: Thursday, July 14, 2011 Subject: A Citizen's Guide to the Federal Debt Limit Debate

VIDEO: "A CITIZEN'S GUIDE TO THE FEDERAL DEBT LIMIT DEBATE"

video source: http://youtu.be/uwd4OoXpThM

Uploaded on to Youtube by hillsdalecollege on Jul 13, 2011

Veronique de Rugy
Senior Research Fellow, Mercatus Center
"A Citizen's Guide to the Federal Debt Limit Debate"
Speech delivered at the Allan P. Kirby, Jr. Center for Constitutional Studies & Citizenship in Washington, D.C. on July 8, 2011

SYNOPSIS: With debate over the possible increase of the federal debt limit dominating Congress, will brinksmanship give way to statesmanship? How should citizens understand this debate? And what constitutional questions are at stake in it?

VERONIQUE DE RUGY is a senior research fellow at George Mason University's Mercatus Center. She earned an M.A. in economics from the University of Paris IX-Dauphine and a Ph.D. in economics from the University of Paris-Sorbonne. She writes a column for Reason magazine, is a regular contributor to The American, and also blogs at NRO and Big Government.
© Hillsdale College 2011

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o'mam: 'The Prettiest Sound On Earth At Sunset' is the Muslim call to prayer.

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o'Marxist: 'I sought out..the Marxist professors..'

o'cap'n tax: 'Under my plan, energy costs will necessarily skyrocket..'
2008: o'bamacide's 'Culture of Death' "The first thing I'd do as President is sign the Freedom of Choice Act."
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ø'commie: 'It's not surprising..they get bitter, they cling to guns or religion..'

o'bamacide: 'doesn't want his daughters punished with a baby..mistake' (773)
2008: '..5 days away..fundamentally transforming the U.S. of America..'

2008: 'Judge me by..whom I surround myself.'
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2010: 'I am a muslim."
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2012: o'stand down 'What difference does it make?, phony scandals, real dead people

2013: 'Catholics and Protestants are divisive..'
o'der führer: '..reject..'voices' that warn of tyranny.'
2014: o'der leader 'That's the Good Thing as a President, I Can Do Whatever I Want.'

"The Rise and The Fall of Great Civilizations - From Apathy to Dependence to Slavery"
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by 'The Corsons', John and Janice Corson (John is a member of the American Conservative Union and the Federalist Society.)

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Now the U.S. Owes $175+ Trillion Dollars! (25Sep17) Up daily since o'tax'n spend was elected!

"The American Republic will endure, until politicians realize they can bribe the people with their own money."

-- Alexis de Tocqueville [Alexis Charles Henri Maurice Clerel, le Comte de Tocqueville] (1805-1859) French historian

The U.S. Deficit in 2007 was $9,007,653,372,262.48

The federal government has accumulated more new debt -- $3.22 trillion ($3,220,103,625,307.29) — during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury." -- By Terence P. Jeffrey, CNSNews.com (Read The Full Story) Click Here for videos, graphs, movie & U.S. National Debt totals.

3 years ago: The Debt ~ $125T+! Then Obama: Up $22T+ in only 3 years! $22T to $26T+ by 2015! Since November 2011 to January 2013 he has added $2 Trillion to the deficit! States' Unfunded: $3.2T+! • (Dec10) From Jan'09 the deficit: $10.2T→$14.6T up $4.3T/42%! -- Federal unfunded liabilities total $84 trillion .. equal to 5.7 percent of the present value of all future GDP, which translates into about 31 percent of the long run federal revenue estimate,” the report states. “Thus federal revenues would have to rise immediately and permanently to 24.1 percent of GDP to cover the fiscal imbalance.” (source: http://dailycaller.com/2012/07/16/report-federal-unfunded-liabilities-total-84-trillion/)

Federal obligations exceed world GDP!	Is the US Gov't Bankrupt?	Unfunded a myth?
Deficit: $ national debt	Totals Source: http://www.usdebtclock.org	Unfunded Liabilities: $ 107,599,889,000,000 (25Sep17)

Many Americans actually pay $1 out of ever $2 earned to some form of tax while ~50% of people pay no taxes! Do you pay your bills? The Fed takes $3 in and spends $5. Debt per citizen: $51,985 - Debt per taxpayer: $142,513! (13Dec12)

Also, see the blog videos below at http://harrolds.blogspot.com/2009/09/national-debt-how-come-how-much-who-do.html

What were you doing in the last hour while the U.S. Gov't spent $188 Million Dollars of our money! (Every Hour, Every Day!) (Apr11) In 8 years, President Bush added $5 trillion to the national debt; President Obama, according to a revised Dec11 GAO report, added $4T+ to the U.S. deficit in 2011 alone! The GAO estimates the deficit, including o'scamcare & mandates, may grow from $15T+ to over $26T+! UPDATE: A little-noticed event occurred at approximately midnight on Monday, October 31, 2011. The National Debt exceeded the GDP! Imagine what these numbers are going to be now that Obama is reelected! (src)

A trillion seconds pass in 31,688 years. At $1/sec it would take 41,194 years just to pay off o'tax'n spend's new Feb12-Feb13 added debt - 538,696 years to pay only the national debt or 4,404,632 years to settle the debt+unfunded liabilities!

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When Men Were Men - "Scots Wha Hae" Battle of Bannockburn in 1314 • Listen to the poem

"Scots Wha Hae"

written by Robert Burns • Robert Burns b.1759-d.1796 (published 8May1794, The Morning Chronicle, London) "Supposedly addressed by Edward the Bruce to his soldiers before the battle. Listen to its lyrics in Scots/English being read by Doug Robertson (photo), Music by Steve McDonald from "Bannockburn (Stone of Destiny)" [3m55s]

• Values: "Scots Wha Hae" 1] poem lyrics..text of "Bruce before Bannockburn" also known as "Scots wha hae", written by Robert Burns
• Robert Burns b.1759-d.1796, 8May1794, The Morning Chronicle) 1] "Supposed to be addressed by Bruce to his soldiers before the Battle of Bannockburn against Edward II."
• Listen

to the poem "Scots Wha Hae" read by Doug Robertson [3m55s], Music by Steve McDonald from 'Bannockburn' [Stone of Destiny]" (.mp3, 3.7MB)
• alternate

ScotWha2.ram

(rm, 3m55s) re [ Robert Bruce's March to Bannockburn, Robert I, the Bruce (1274-1329) also know as Robert the Bruce, "The Hammer of the Scots" ] plus

"Scots, wha hae Wi' Wallace Bled,"

(midi, Scottish Songs) & .midi sequenced with lyrics [src] ^***
and

Scots Wha Hae (bagpipes) by the 48th Highlanders of Canada (7MB, .mp3, 3m14s)
and

Scots Wha Hae, bagpipes solo (1.3MB, .mp3, 1m22s)
and

Scots Wha Hae (2.7MB, .mp3, 3m4s; 'The Corries' ["Battle songs of Scotland", sung by Ronnie Browne solo] &

Scots Wha Hae with pipes (4.3MB, .mp3, 4m29s)

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economy - "A Citizen's Guide to the Federal Debt Limit Debate" (video 53m14s)

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Monday, July 18, 2011

economy - "A Citizen's Guide to the Federal Debt Limit Debate" (video 53m14s)

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BE HEARD: Contact Congress & the President -- Phone & Fax Numbers

Now the U.S. Owes $175+ Trillion Dollars! (25Sep17) Up daily since o'tax'n spend was elected!

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