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Blogger silverisgood said...

http://www.financialsense.com/editorials/
hodges/2006/0406.html


America has become more a debt 'junkie' - - than ever before
with total debt of $44 trillion - - with the highest debt ratio in history.

That's $147,312 per man, woman and child - - or $589,248 per family of 4,
$44,312 more debt per family than last year.

Last year debt increased $3.5 Trillion, 5 times more than GDP.
Household debt soared 12%.

68% ($30 trillion) of this debt was created since 1990,
a period primarily driven by debt instead of by productive activity.

And, the above does not include unfunded pensions and medical promises.

Friday, April 07, 2006

Blogger Mark Prime (tpm/Confession Zero) said...

I'd love to attend but alas am unable... I will be there in spirit and if you'd like me to write a poem regarding this event just let me know... visit Poetic Justice and my profile for my email, my friend...

Thanks,

the poetry man

Friday, April 07, 2006

Blogger qrswave said...

silverisgood, thanks for the link. Scary. It mirrors the information on Margrit Kennedy's report - Money Solutions (PDF).

The only problem I see with Hodges presentations is that he focuses on the debtor and not the system itself (usurious debt-based) as being the problem.

------------

poetryman, thanks for your comment and support. You should stop by their site www.futureoftheunion.com

They're a great bunch, sticking together trying to fight for working people's rights.

Saturday, April 08, 2006

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