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Yes, it is.Debt and unfunded liabilities which is debt as well, are north of 175 trillion most likely 225+ trillion plus by taking in account immigration and refugees...The Federal Government’s $128 Trillion Stockpile: The Answer to Our Debt Problems? | TIME.com
fter all, a borrower’s assets should be one of the main factors in determining the wisdom of its borrowing, but when talking about the U.S. government’s debt burden, it seems to get left out of the conversation entirely. And a recent report from the Institute for Energy Research (IER) makes some startling claims about how much U.S. taxpayers own in real assets. According to the report, the U.S. government owns:
The IER is a think tank that advocates for deregulation in the energy industry, so we should perhaps take these numbers with a grain of salt. Any estimate of oil and mineral wealth in unexplored areas is going to be highly speculative, but even if the true figure is half what the IER estimates, the fact that the federal government owns property worth well in excess of its total debt is instructive in our current debate over government borrowing.
- More than 900,000 separate real assets covering more than 3 billion sq. ft.
- Mineral rights, on and offshore, covering 2.515 billion acres of land, more than the total surface land in Canada
- 45,190 underutilized buildings, the operating costs of which are $1.66 billion annually
- Oil and gas resources on and offshore worth $128 trillion, roughly eight times the national debt of the country
There is Not enough resources and money on the planet to pay off such a thing, oh! Wait... The federal government has IOU's and printed paper...
Lol... What a fucking joke
unfunded liabilities which is debt as well
No it isn't.
Not enough resources and money on the planet to pay off such a thing
Why not? It's not paid, or received, over a short period of time.
One fifth of people paying in as opposed to taking out is what the future holds.
Printed paper and IOU's are not wealth...
Long story short... This country is fucked
Yes, it is.
Nope. An unfunded liability is just a promise that hasn't been broken yet.
It's not a debt until the government borrows to pay it.
Printed paper and IOU's are not wealth...
If you're counting on that Social Security IOU to pay what was promised, you may be disappointed.
Bingo! The perfect recipe for a banana Republic.
IOU's and printing more paper to make up for the vast overspending and shortfall of an shitty economy, overtaxing an already broke public.
Long story short... We are fucked
That my friend is the beginning of the end of an country...Splitting hairs there...........When those pensions come up..............they are future debt unless you are saying just deny them their pensions...............or ENRON their retirement accounts.Yes, it is.Debt and unfunded liabilities which is debt as well, are north of 175 trillion most likely 225+ trillion plus by taking in account immigration and refugees...
There is Not enough resources and money on the planet to pay off such a thing, oh! Wait... The federal government has IOU's and printed paper...
Lol... What a fucking joke
unfunded liabilities which is debt as well
No it isn't.
Not enough resources and money on the planet to pay off such a thing
Why not? It's not paid, or received, over a short period of time.
One fifth of people paying in as opposed to taking out is what the future holds.
Printed paper and IOU's are not wealth...
Long story short... This country is fucked
Yes, it is.
Nope. An unfunded liability is just a promise that hasn't been broken yet.
It's not a debt until the government borrows to pay it.
Printed paper and IOU's are not wealth...
If you're counting on that Social Security IOU to pay what was promised, you may be disappointed.
When those pensions come up..............they are future debt unless you are saying just deny them their pensions
If they can't be paid, they won't be paid. They still aren't debt.
Let's cut entitlements in half. That will reduce the budget by 40%.Cut military spending in 1/2 . Close out all these bases all over the fucking place .
Which is why they are unfunded liabilities..................They are debt when they come due.........Your still splitting hairs..........or are you for ENRON's approach.Splitting hairs there...........When those pensions come up..............they are future debt unless you are saying just deny them their pensions...............or ENRON their retirement accounts.Yes, it is.unfunded liabilities which is debt as well
No it isn't.
Not enough resources and money on the planet to pay off such a thing
Why not? It's not paid, or received, over a short period of time.
One fifth of people paying in as opposed to taking out is what the future holds.
Printed paper and IOU's are not wealth...
Long story short... This country is fucked
Yes, it is.
Nope. An unfunded liability is just a promise that hasn't been broken yet.
It's not a debt until the government borrows to pay it.
Printed paper and IOU's are not wealth...
If you're counting on that Social Security IOU to pay what was promised, you may be disappointed.
When those pensions come up..............they are future debt unless you are saying just deny them their pensions
If they can't be paid, they won't be paid. They still aren't debt.
That my friend is the beginning of the end of an country...Splitting hairs there...........When those pensions come up..............they are future debt unless you are saying just deny them their pensions...............or ENRON their retirement accounts.Yes, it is.unfunded liabilities which is debt as well
No it isn't.
Not enough resources and money on the planet to pay off such a thing
Why not? It's not paid, or received, over a short period of time.
One fifth of people paying in as opposed to taking out is what the future holds.
Printed paper and IOU's are not wealth...
Long story short... This country is fucked
Yes, it is.
Nope. An unfunded liability is just a promise that hasn't been broken yet.
It's not a debt until the government borrows to pay it.
Printed paper and IOU's are not wealth...
If you're counting on that Social Security IOU to pay what was promised, you may be disappointed.
When those pensions come up..............they are future debt unless you are saying just deny them their pensions
If they can't be paid, they won't be paid. They still aren't debt.
No, socialism can never be counted on...Yes, it is.Debt and unfunded liabilities which is debt as well, are north of 175 trillion most likely 225+ trillion plus by taking in account immigration and refugees...
There is Not enough resources and money on the planet to pay off such a thing, oh! Wait... The federal government has IOU's and printed paper...
Lol... What a fucking joke
unfunded liabilities which is debt as well
No it isn't.
Not enough resources and money on the planet to pay off such a thing
Why not? It's not paid, or received, over a short period of time.
One fifth of people paying in as opposed to taking out is what the future holds.
Printed paper and IOU's are not wealth...
Long story short... This country is fucked
Yes, it is.
Nope. An unfunded liability is just a promise that hasn't been broken yet.
It's not a debt until the government borrows to pay it.
Printed paper and IOU's are not wealth...
If you're counting on that Social Security IOU to pay what was promised, you may be disappointed.
Bingo! The perfect recipe for a banana Republic.
IOU's and printing more paper to make up for the vast overspending and shortfall of an shitty economy, overtaxing an already broke public.
Long story short... We are fucked
Bingo! The perfect recipe for a banana Republic.
Were you counting on your promised Social Security?
IOU's and printing more paper to make up for the vast overspending and shortfall of an shitty economy, overtaxing an already broke public.
They'll raise taxes, some, cut benefits, some and probably raise the retirement age.
No, socialism can never be counted on...Yes, it is.unfunded liabilities which is debt as well
No it isn't.
Not enough resources and money on the planet to pay off such a thing
Why not? It's not paid, or received, over a short period of time.
One fifth of people paying in as opposed to taking out is what the future holds.
Printed paper and IOU's are not wealth...
Long story short... This country is fucked
Yes, it is.
Nope. An unfunded liability is just a promise that hasn't been broken yet.
It's not a debt until the government borrows to pay it.
Printed paper and IOU's are not wealth...
If you're counting on that Social Security IOU to pay what was promised, you may be disappointed.
Bingo! The perfect recipe for a banana Republic.
IOU's and printing more paper to make up for the vast overspending and shortfall of an shitty economy, overtaxing an already broke public.
Long story short... We are fucked
Bingo! The perfect recipe for a banana Republic.
Were you counting on your promised Social Security?
IOU's and printing more paper to make up for the vast overspending and shortfall of an shitty economy, overtaxing an already broke public.
They'll raise taxes, some, cut benefits, some and probably raise the retirement age.
Robbing Peter to pay Paul...
Which is why they are unfunded liabilities..................They are debt when they come due.........Your still splitting hairs..........or are you for ENRON's approach.Splitting hairs there...........When those pensions come up..............they are future debt unless you are saying just deny them their pensions...............or ENRON their retirement accounts.Yes, it is.
One fifth of people paying in as opposed to taking out is what the future holds.
Printed paper and IOU's are not wealth...
Long story short... This country is fucked
Yes, it is.
Nope. An unfunded liability is just a promise that hasn't been broken yet.
It's not a debt until the government borrows to pay it.
Printed paper and IOU's are not wealth...
If you're counting on that Social Security IOU to pay what was promised, you may be disappointed.
When those pensions come up..............they are future debt unless you are saying just deny them their pensions
If they can't be paid, they won't be paid. They still aren't debt.
Which is why they are unfunded liabilities..................They are debt when they come due
I promise to pay you $1 billion next Friday. Really. I promise.
Next Friday, sorry, don't have it.
Where is the debt in that scenario?
Privatize, I agree...That my friend is the beginning of the end of an country...Splitting hairs there...........When those pensions come up..............they are future debt unless you are saying just deny them their pensions...............or ENRON their retirement accounts.Yes, it is.
One fifth of people paying in as opposed to taking out is what the future holds.
Printed paper and IOU's are not wealth...
Long story short... This country is fucked
Yes, it is.
Nope. An unfunded liability is just a promise that hasn't been broken yet.
It's not a debt until the government borrows to pay it.
Printed paper and IOU's are not wealth...
If you're counting on that Social Security IOU to pay what was promised, you may be disappointed.
When those pensions come up..............they are future debt unless you are saying just deny them their pensions
If they can't be paid, they won't be paid. They still aren't debt.
No, just the end of a stupid, government, entitlement.
Privatize it, today.
The debt will come from the damage done in the riots afterward......................so in other words.............ENRON them..........thanks for saying it without saying itWhich is why they are unfunded liabilities..................They are debt when they come due.........Your still splitting hairs..........or are you for ENRON's approach.Splitting hairs there...........When those pensions come up..............they are future debt unless you are saying just deny them their pensions...............or ENRON their retirement accounts.Yes, it is.
One fifth of people paying in as opposed to taking out is what the future holds.
Printed paper and IOU's are not wealth...
Long story short... This country is fucked
Yes, it is.
Nope. An unfunded liability is just a promise that hasn't been broken yet.
It's not a debt until the government borrows to pay it.
Printed paper and IOU's are not wealth...
If you're counting on that Social Security IOU to pay what was promised, you may be disappointed.
When those pensions come up..............they are future debt unless you are saying just deny them their pensions
If they can't be paid, they won't be paid. They still aren't debt.
Which is why they are unfunded liabilities..................They are debt when they come due
I promise to pay you $1 billion next Friday. Really. I promise.
Next Friday, sorry, don't have it.
Where is the debt in that scenario?
Yup. WalMart would get a big refund.
Progressive economics 101No, socialism can never be counted on...Yes, it is.
One fifth of people paying in as opposed to taking out is what the future holds.
Printed paper and IOU's are not wealth...
Long story short... This country is fucked
Yes, it is.
Nope. An unfunded liability is just a promise that hasn't been broken yet.
It's not a debt until the government borrows to pay it.
Printed paper and IOU's are not wealth...
If you're counting on that Social Security IOU to pay what was promised, you may be disappointed.
Bingo! The perfect recipe for a banana Republic.
IOU's and printing more paper to make up for the vast overspending and shortfall of an shitty economy, overtaxing an already broke public.
Long story short... We are fucked
Bingo! The perfect recipe for a banana Republic.
Were you counting on your promised Social Security?
IOU's and printing more paper to make up for the vast overspending and shortfall of an shitty economy, overtaxing an already broke public.
They'll raise taxes, some, cut benefits, some and probably raise the retirement age.
Robbing Peter to pay Paul...
Robbing Peter to pay Paul...
If Peter doesn't have it, Paul won't get it.
If it can't be paid, it won't be paid. Where have I heard that before?
Chicken feed, socialist entitlement programs is where the beef is at...Get the US out of the Mid East.
Stop all cash flow to all countries located there.
Pull our Troops and stop trying to rebuild those countries.
This would at least be a starting point
Cut all welfare benefits in half......
You could take all of their money and it still will not cover what's coming.Cut all welfare benefits in half......
Or else raise taxes on those making over $1 million a year by half of a percent
Which is why they are unfunded liabilities..................They are debt when they come due.........Your still splitting hairs..........or are you for ENRON's approach.Splitting hairs there...........When those pensions come up..............they are future debt unless you are saying just deny them their pensions...............or ENRON their retirement accounts.Yes, it is.
Nope. An unfunded liability is just a promise that hasn't been broken yet.
It's not a debt until the government borrows to pay it.
Printed paper and IOU's are not wealth...
If you're counting on that Social Security IOU to pay what was promised, you may be disappointed.
When those pensions come up..............they are future debt unless you are saying just deny them their pensions
If they can't be paid, they won't be paid. They still aren't debt.
Which is why they are unfunded liabilities..................They are debt when they come due
I promise to pay you $1 billion next Friday. Really. I promise.
Next Friday, sorry, don't have it.
Where is the debt in that scenario?
I don't think seniors are going to look at it that way when their SSI checks bounce.
The debt will come from the damage done in the riots afterward......................so in other words.............ENRON them..........thanks for saying it without saying itWhich is why they are unfunded liabilities..................They are debt when they come due.........Your still splitting hairs..........or are you for ENRON's approach.Splitting hairs there...........When those pensions come up..............they are future debt unless you are saying just deny them their pensions...............or ENRON their retirement accounts.Yes, it is.
Nope. An unfunded liability is just a promise that hasn't been broken yet.
It's not a debt until the government borrows to pay it.
Printed paper and IOU's are not wealth...
If you're counting on that Social Security IOU to pay what was promised, you may be disappointed.
When those pensions come up..............they are future debt unless you are saying just deny them their pensions
If they can't be paid, they won't be paid. They still aren't debt.
Which is why they are unfunded liabilities..................They are debt when they come due
I promise to pay you $1 billion next Friday. Really. I promise.
Next Friday, sorry, don't have it.
Where is the debt in that scenario?
Yep............they are going to hit you with their canes............The debt will come from the damage done in the riots afterward......................so in other words.............ENRON them..........thanks for saying it without saying itWhich is why they are unfunded liabilities..................They are debt when they come due.........Your still splitting hairs..........or are you for ENRON's approach.Splitting hairs there...........When those pensions come up..............they are future debt unless you are saying just deny them their pensions...............or ENRON their retirement accounts.
When those pensions come up..............they are future debt unless you are saying just deny them their pensions
If they can't be paid, they won't be paid. They still aren't debt.
Which is why they are unfunded liabilities..................They are debt when they come due
I promise to pay you $1 billion next Friday. Really. I promise.
Next Friday, sorry, don't have it.
Where is the debt in that scenario?
Old folks gonna riot?
That'll do them just as much good as thugs burning down the grocery stores in the hood.
Where were the Enron riots?
Yup. WalMart would get a big refund.
No they wouldn't, they wouldn't PAY any federal tax. They'd balance out to zero each quarter.
