Dear Patriot, Here's the real truth about our nation's debt crisis that President Obama and Congress doesn't want you to know about... Our nation's true debt stands at a whopping $120 trillion -- making the much reported and debated $14.3 trillion look like chump change! Here's what we've found. According to the Congressional Budget Office, and as reported by the CATO Institute, a just released new report shows that the federal government's publicly held debt is set to explode to 101 percent of the GDP in just ten years! More than the value of everything produced in the U.S! Even worse, the CBO warns that unless substantive change in our nation's current course is made, by 2035 our debt could reach 190 percent of our GDP. Patrot, the CBO just wrote our nation's obituary! According to the report, the media, Obama and his cronies are only targeting "debt held by the public," and are all but ignoring "intragovernmental debt" or debt that the federal government owes itself in the form of I.O.U.'s. The New York Post likens this debt as "money you swiped from your kid's piggy bank. It may not appear on your credit report, but it's money that you still have to pay back." And finally, there's "implicit debt," -- unfunded obligations to programs like Social Security and Medicare. All totaled, it exceeds $120 trillion. So while Obama and Congress put on a show for the cameras and pontificate about "staying in town until we get this done," they aren't even discussing the real mountain of debt that is looming overhead and threatening to destroy our nation! No. This is just a game to them, and we are being played as fools. + + EMERGENCY PETITION DELIVERY - Thursday, July 7 The government isn't going to fix this problem. The media aren't going to fix this problem. The solution to our nation's spending problem rests with its citizens. That's why this week, Grassfire Nation officials are marching tens of thousands of citizen petitions directly to key members of Congress -- putting them on notice and demanding they CUT, CAP AND BALANCE! Have you added your name to this important petition? If not please do so right now by clicking below: http://www.grassfire.com/160/petition.asp?Ref_ID=500064 The CBO said the problem cannot be fixed simply by cutting "fraud, waste and abuse" and raising taxes. Instead, they said it can only be fixed by a dramatic reduction in spending. That is precisely the message members of our team are taking to Capitol Hill on Thursday, July 7, and why we are asking you to take quick action with us so that we may represent you next week when we confront lawmakers with tens of thousands of petitions! Click here now to be included: http://www.grassfire.com/160/petition.asp?Ref_ID=500064 This is a battle that grassroots Americans must win. Losing is not an option -- or even something to be discussed. After signing, forward this message to your friends and family. Urge them to click below and sign our petition so that we can also include them in this vital petition delivery next week. Have them click here to sign: http://www.grassfire.com/160/petition.asp?Ref_ID=500064 Please sign and forward this message today. Grassfire Nation and Patriot Action Network |
Visit Patriot Action Network at: http://www.patriotactionnetwork.com/?xg_source=msg_mes_network
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