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Ron Johnson’s Transformative Proposal

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posted on Jun, 13 2013 @ 01:27 PM

But according to GOP deficit projections subsequently prepared by Johnson and obtained by National Review Online, the true size of the problem is staggering, and surprised even many of the seasoned budget negotiators involved.

$4 trillion? Try $106 trillion, the medium estimate. That’s $106,954,000,000,000. Even the lowest, extremely conservative estimate comes in at $72 trillion; the highest is over $120 trillion.
(visit the link for the full news article)

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edit on 13-6-2013 by fnpmitchreturns because: fix title

posted on Jun, 13 2013 @ 01:27 PM
There is no way we could even continue on this path. Our nation will be taxed into poverty. I sit here laughing at Congress and the FED's monetary policy. I laugh because we are hemorrhaging cash (as a country) from both ends!

A budget deficit of $106 trillion .... HA HA HA and the saddest part of the study found that at the best we would have a budget deficit of $72 trillion dollars....
(visit the link for the full news article)

posted on Jun, 13 2013 @ 02:07 PM
As long as we are dealing in numbers...
Yearly tax revenue is running at about $500M

1. For supply side and unicorn believers: How much do you have to cut taxes by to grow our way out of this hole in 20 years?
2. For revenue pragmatists: How much would taxes have to rise to null the national debt in 20 years?
3. For Libertarians: How fast can I blame this on someone else and default?

Did I miss anyone?

posted on Jun, 13 2013 @ 03:05 PM
The magnitude of the problem begins in the paradigm that we are discussing "money."

"Money," that empty, vacuous, notional construct by which we measure "something" although what that something isn't ever clear.

Is money "labor?" In which case we are by logical extension, truly slaves to the debt - created by a handful of people... with nothing more than a gentleman's agreement and the application of such gem's of trade as compounded interest and fractional reserve lending (do people really know what that means?)

Is money "wealth?" In which case, how stupid are we? You can't eat it... the notes are only paper, the rest is a virtual reality game where the infrastructure and controls define the "house rules" - all suffering from the parasitic technocrats' monopoly on the keyboard which types in the numbers.

This is among the most ironic self-destruct apparatus ever conceived... a self-imposed mechanism to create one mind boggling conglomeration of fake resources - which are exchanged for true property... then it self inflates and pops... leaving only the subjects of the scheme devastated and the architects in full "possession" of everything of real value, like land, water, food, and the infrastructure..... that every one paid for and built.

edit on 13-6-2013 by Maxmars because: (no reason given)

posted on Jun, 13 2013 @ 03:27 PM
1/3rd of America will be dead within the next 18 months.

There are 70 million baby boomers....15 million OLDER than baby boomers......allll about to kick the bucket.

PLUS the 9 million Generation X people on SSDI because they were born with bad DNA....poisoned....all dying at the same time.

America's turning into a ghost town.

Don't believe the numbers they are showing.

They say the Veteran suicide rate is 22 per day. They ONLY are using the data from 22 States....the States with the lowest veteran population....the States with the lowest vet suicides. The real Veteran suicide rate is probably hundreds every day....and climbing.

Since they instructed the VA to cease giving Vets narcotics....their cancer and extreme pain without narcotics will kill them off quick when their organs shut down.

The Latino's are getting a sweeet deal on America....FREE.

posted on Jun, 14 2013 @ 09:54 AM

Originally posted by Pervius

The Latino's are getting a sweeet deal on America....FREE.

Nice going...fanning the flames of hate against Hispanics.

There are "Latino's" in the US that are citizens, have jobs, paytaxes, serve in the military etc.

Are you refering to illegal aliens? Even they pay taxes when they buy anything. Sales tax....
edit on 14-6-2013 by olaru12 because: (no reason given)

posted on Jun, 14 2013 @ 01:53 PM
Unless ground breaking tech was released that would effect everyone. Or as a result of criminal acts debts are forgiven,or in China's case a declaration of war would negate our debt due to asset seizure.

Anything can happen.

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