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Message Subject
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Treasury Dept to invoke ‘extraordinary measures’ as Congress misses debt-ceiling deadline
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Poster Handle
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Anonymous Coward |
Post Content
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Someone explain this please for the financially uneducated.
Quoting: General Thade The United States has been bankrupt for a long time first we couldn't pay our debts to the king of England for fighting the revolutionary war that time they mortgage the land that's why you pay a property tax the second time the country went bankrupt they instituted the social security act the people with social security numbers are surety for the national debt. So essentially they mortgaged all of your labor via the taxing ability they could put on it when you join social security. Now that's not enough to pay all the interest owed to the creditors. If they decide to foreclose on the rest of the USA people with social security numbers have pledged all of their assets to the national debt. Quoting: Anonymous Coward 78338934 Listen up.
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