It denotes the numbers Peter Schippers and Glen Beck has noted, i.e. all Liabilities are in the 211 Trillion Dollar Range.
I am not sure we can get out of this....
At some point you simply walk away.
The country just say NO; the country breaks apart and dissolves itself, the country just rewrites its charters and erases its debts.
Thats what is going to happen, not just here but world wide.
Yeah, we can. But it requires cutting government deeply. And it requires privatizing and phasing out social security and medicare. And, obviously, repealing ObamaCare!
We need to do a constitutional audit of the federal government. All federal departments, agencies, programs, commissions, etc, that are not explicitly enumerated and authorized by the constitution as valid functions of the federal government need to be abolished and their functions, if truly needed, returned to the states and the people. The federal government needs to get its nose out of the people’s business. Literally! And all remaining constitutionally authorized departments need to be stripped to the bare bone. No pork! No fat!! Cut the taxes appropriately. Get our economy booming and put our people back to work!!
Wishes are not reality. The Boomers will not have a pleasant end.
“all Liabilities are in the 211 Trillion Dollar Range.’
And what are the assets range?
“I am not sure we can get out of this.... “
There will be a resolution, though you won’t like it.
See what’s gonna happen here:
http://www.youtube.com/watch?v=TYKAbRK_wKA
Just sayin’....