Why the U.S. Government Will Default on Its Debt

“The deficit of the U.S. government cannot be sustained. The general public does not understand this. Congress seems not to understand this. There is going to be a political crisis when the government begins cutting of the special-interest group most responsible for this deficit: retired people.  This 6-minute video proves that it is oldsters who are breaking the federal government’s bank. It presents the official government numbers in a clear fashion.”

http://www.garynorth.com/public/10076.cfm

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