It can never be paid off because the NOTE is a DEBT INSTRUMENT passed off as a dollar now since 1971, when they took us off the gold standard AND they started Their China mission, which was great for American business, not such a good thing for main street America. Yeah it sucks that these greedy bastards have us involved in fleecing the other nations with a worthless debt instrument. I SO DETEST EVERYTHING ENGLAND, and tired of that POS Island.
d..
o..
: I had an odd thing happen to me the other day. A Kohls card
: notice came in the mail with the announcement that their
: interest rate would now be in the low 30%. WHAT? Goodbye
: Kohls card!! To be honest, I only used it around the
: Holidays and had it paid off by February. Still, it was
: handy.
: How is predatory lending even legal? My credit rating is good,
: and they have always been paid on time. They leave me no
: choice but to cut up one of the last credit cards I have.
: The article states that the US corp is broke!
: ~NightSky
: ~~~~~~~~~~~~~~~~~~
: The U.S. government is currently constructing the most
: colossal monument in the history of the world. It is a
: monument of debt, and we will forever be remembered as the
: nation that piled up far more debt than anyone else ever
: did. For decades, this generation has been recklessly
: spending the money of future generations of Americans. Most
: people seem to think that we are totally getting away with
: this swindle, but the truth is that the party is almost
: over. Our national debt has already surpassed the 36
: trillion dollar mark, and according to usdebtclock.org at
: our current rate of spending our national debt will surpass
: the 51 trillion dollar mark four years from now.
: In January, Donald Trump will be faced with some very
: difficult decisions regarding our debt as soon as he is
: inaugurated…
: It’s going to be an urgent issue for Trump as soon as he takes
: office. The federal government will resume the cap on its
: borrowing authority on Jan. 1, as the U.S. sits on a
: national debt of more than $36 trillion, though the
: Treasury Department can buy time for a number of months
: with so-called extraordinary measures. The fiscal time bomb
: illustrates the struggle Trump and Republican leaders face
: heading into 2025, as they consider whether to court
: Democrats who will want concessions or their own
: conservatives who are known for rigidly sticking to their
: demands to cut funding.
: If Trump decides that it is time to cut spending, that will
: make our short-term economic problems even worse.
: But if he decides to keep spending money at current levels
: that would be suicidal.
: Most Americans have no idea how difficult it is to spend a
: trillion dollars.
: If you spend one dollar every single second, you could spend a
: million dollars in just twelve days.
: If you spend one dollar every single second, you could spend a
: billion dollars in 32 years.
: But at that same rate, it would take you more than 31,000
: years to spend a trillion dollars.
: Let me give you another illustration.
: If you were alive 2000 years ago and you started spending one
: million dollars every single day when Christ was born, you
: still would not have spent one trillion dollars by now.
: That is how large one trillion dollars is.
: But the United States is not one trillion dollars in debt.
: The United States is 36 trillion dollars in debt.
: And as I discussed the other day, we will never pay that debt
: off.
: A trillion $10 bills, if they were taped end to end, would
: wrap around the globe more than 380 times. That amount of
: money would still not be enough to pay off one-third of the
: U.S. national debt.
: But if you are determined to do something, the government
: wants you to know that you can help.
: If you can believe it, the government is actually taking
: online donations that will be used to help pay off the
: national debt.
: Or at least that is what they are claiming.
: If you were able to donate one dollar every single second to
: help pay off the national debt, it would take you hundreds
: of thousands of years to come up with enough money to pay
: it off.
: Are you starting to get the picture?
: We are in so much trouble.
: They have saddled our children and grandchildren with the
: greatest mountain of debt in the history of the world.
: What they have done to future generations of Americans is
: beyond criminal. One day, if they get the chance, they will
: look back and curse this generation for what they have done
: to them. They spent tens of trillions of dollars that
: belonged to them, and they have stuck them with the bill
: for their wild excesses. We have taken the greatest
: economic machine that humanity has ever seen and we have
: driven it straight off a cliff.
: So now we are going to pay the price.
: All of us.
: Apparently the Chinese wanted to see how much of a joke the
: U.S. Treasury has become, because they hacked into it a few
: weeks ago…
: A state-sponsored actor in China hacked the U.S. Treasury
: Department, gaining access to the workstations of
: government employees and unclassified documents, the Biden
: administration said on Monday.
: The announcement comes after revelations in recent months that
: China had penetrated deep into U.S. telecommunications
: systems, gaining access to the phone conversations and text
: messages of U.S. officials and others.
: According to Reuters, this was a “major incident”…
: The hackers compromised a third-party cybersecurity service
: provider and were able to access unclassified documents,
: the letter said, calling it a “major incident.”
: According to the letter, hackers “gained access to a key used
: by the vendor to secure a cloud-based service used to
: remotely provide technical support for Treasury
: Departmental Offices (DO) end users. With access to the
: stolen key, the threat actor was able override the
: service’s security, remotely access certain Treasury DO
: user workstations, and access certain unclassified
: documents maintained by those users.”
: Of course you don’t have to be a hacker to find out the big
: secret that the U.S. Treasury is trying to hide.
: The big secret is that we are broke.
: We are drowning in an ocean of red ink, and we can barely pay
: our bills.
: Something has got to change, because if we stay on the path
: that we are currently on we will be 51 trillion dollars in
: debt four years from today.
