One Nation Under Debt

The U.S. is Insolvent!

This year the official U.S. national debt topped $8.7 Trillion – up from $5.8 Trillion in 2001. That’s more new dollars than minutes of time since God created Adam and Eve to walk upon the earth!

David Walker, Comptroller of the US, reported on 12/15/06 that the U.S. government’s total reported liabilities, including social insurance commitments such as Social Security, Medicare, and other fiscal exposures now total approximately $53 trillion!