THAT’S RIGHT. THE DEBT IS FAKE.
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…THE DEBT DOESN’T MATTER. THE DEBT IS A MIRAGE. IT IS MEANINGLESS. IT IS JUST PEOPLE MAKING THINGS UP! WHERE DO THESE YUTZBAGS COME FROM?
Just saw John Sununu, one of Republicans favorite Bushie junk yard attack dogs all up in arms about the debt subject to the limit (the so-called national debt) reaching $16 Trillion dollars, and going on to tell people that every man, woman, and child in the United States now owes $50,000 to pay that debt off. Now, I’m here to tell you that all that is bull shit.
The debt subject to the limit is a debt incurred by the Congress and the Treasury Department because when the Government spends more than it taxes, the Treasury Department issues debt instruments in the name of the US Government even though it doesn’t have to do that in order to deficit spend. These instruments make the Government a debtor. But they don’t make any individual man, woman, or child in the United States a debtor.
SOURCE: http://www.correntewire.com