U.S. government, on its way to bankruptcy

The U.S. government has NO money. It takes money from Peter to spend it on Paul. It takes money from Peter, whether Peter likes it or not, whether Peter receives something of value from the exchange or not. It’s called a tax. And the simple fact is government spending ALWAYS means government taxes.

Tell me something I don’t know, you say. Well, yes and no, for here’s where it gets a bit tricky.

Besides the ever constant cry for more government spending in support of Paul, it’s the way in which the government taxes Peter that allows the government to spend so much on Paul. Lay the bill bare and its likely Peter throws a fit. But mask Paul’s true cost and maybe Peter will be, shall we say, more willing to support the government’s desire to spend money on Paul.

The U.S. government taxes Peter in 3 different ways:

- Tax Peter now

- Tax Peter later

- Tax Peter [but] don’t tell him

Where does all the money come from? Charles Ponzi would be proud.