Friday, November 18, 2011

An empire that can not pay its debts: U.S. Debt Tops $15 Trillion Mark Today

Members of the congressional “super-committee” are battling the national debt, but they are not able to reach any agreement so far.

The amount the U.S. owes topped the $15 trillion mark Wednesday afternoon.

Read the ABC News article.

Is the U.S. the next Greece or Italy?

Does anyone want to make an educated guess as to the exact date when the President of the United States or his Treasury Department Secretary goes on national TV and announces: "My fellow citizens: the United States federal government has filed for BANKRUPTCY!"

In the meantime, capitalist millionaires and billionaires keep buying more yachts and palaces, while millions of working-class citizens are losing their homes and have to apply for food-stamps.


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