This report from CNS states that while we were running a $98 billion deficit for the month of July, the national debt – per the Treasury – remained at exactly $16,699,396,000,000.00 during the whole month. This is $25 million below the legally authorized debt limit.
This is, also, not mathematically possible – the Treasury Secretary did advise Speaker Boehner as of May 17th – when our debt officially hit the number it stayed at all through July, and is still at as of yesterday – that Treasury would be putting in to place “extraordinary” measures to keep the debt below the legal limit. What are these extraordinary measures? Not made clear – likely because it is just another word for “lie”.
It is simply not possible that our debt could remain exactly the same over this period of time – it would have to go up or down. Given the amount of spending we’re doing, “down” is not at all likely, and so it is almost a certainty that it has gone up…and probably vastly more than the $25 million gap between reported figure and legal limit. So, Treasury is almost certainly lying about how much we owe and borrowing money it cannot legally borrow…and no one in Congress is calling Treasury on it; neither are the financial markets. A massive lie is being treated as if it didn’t exist by all of the Ruling Class on this country.
Such is the sad state of affairs we live in – a bankrupt country run by cowards, liars and crooks.
And some might wonder, still, why I want a revolution – peaceful, to be sure; at the ballot box, of course (and as our Founders intended); but a revolution, nonetheless. The entire Ruling Class has to be turned out and new people, new ideas and new laws made to ensure that the truth is what governs our nation.