"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
The US Government Has Nearly As Much Debt As The World Has Wealth
Submitted by Melinda L. Secor on Sun, 2014-06-15 01:00
"This is a truly record-breaking amount of debt for an empire. Compare this to the Soviet Union which, in comparison, barely had any debt at all... mostly because no sane person would lend a communist government money. The total amount of debt of the Soviet Union upon its collapse was $45 billion and was quickly paid off once Russia had become more capitalist and actually created wealth in 2006. $45 billion is equivalent to what the US government goes into debt every 15 days currently!"
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