Jan 31, 2010

Ron Paul: "The country is broke" (2003)

Since the national debt is increasing at a rate greater than a half-trillion dollars per year, the debt limit was recently increased by an astounding $984 billion dollars. Total U.S. government obligations are $43 trillion, while total net worth of U.S. households is just over $40 trillion. The country is broke, but no one in Washington seems to notice or care.

~ Congressman Ron Paul, "We've Been Neo-Conned," LewRockwell.com, July 10, 2003

No comments: