the Federal Government is, as the saying goes, living on borrowed time, not to mention borrowed money--nearly $5 trillion of it. As of the close of business yesterday, Tuesday, January 23, the Federal debt stood at $4,987,963,203,048.04. On a per capita basis, every man, woman, and child in America owes $18,932.74 as his or her share of the Federal debt.
Discussing the national debt and its implications for American citizens.
Share
More from William Helms
the current leadership in Ukraine, led by President Leonid Kuchma, has been one of unmet promises. Failed efforts at economic reform, violent repression of independent media; and a rise in government corruption and cronyism has robbed the…
many Americans may not realize that the Rome Treaty can apply to Americans even without the U.S. ratifying the treaty. This bewildering threat to America's men and women in our Armed Forces must be stopped. And that is precisely what my…
the most fundamental and painful of decisions--whether to authorize the President to send U.S. military personnel to war--is being confronted by the Senate today, previous days, and maybe more days. I believe the decision is in good hands…
for far too long, corruption has been allowed to run rampant in Southeastern Europe. Recent events have highlighted the citizens of Montenegro as being among the most beleaguered by the corruption of its government. Montenegro is the…
Other voices in this conversation
