Repudiate the National Debtby Wendy McElroy
Dec. 26, 2012
1.Miami Police Retaliate Against Female Driver Who Filmed Herself Pulling Over Cop
2.Paul Joseph Watson And Stefan Molyneux On The Real Agenda Behind The Migrant Crisis
3.Hillary Clinton Suggests She Can't Be Part Of The Establishment Because She Is A Woman
4.Texas Appeals Court Slams Forced DUI Blood Draw
5.'Multicultural Toilets' For 'Global Defecation' Seek to Stop Migrants Pooping On The Floor
6.Retired Cop Gets Taste Of Police State After Officers Bust In, Assault Him
7.Code 291: Swedish Police Cover-Up Thousands of Crimes Involving "Refugees"
8.NYPD Cop Wins $15m After Fellow Cops Falsely Arrested & Beat Him At His Daughter's Birthday
9.Crewe Residents Accuse Police and School of Covering Up Abuse, Rape Threats by Migrant Kids
10.NYPD Cop, Whose Job Was to Bust Prostitutes, Exposed as a Pimp in Massive Sex Trafficking Ring
As of December 19 at 11:50:59 a.m. GMT, the national debt of the federal government was $16,357,278,240,896.86, or $52,080.07 for every individual in the United States. The only sane and moral stance is to repudiate it entirely.
"Repudiation" is not a word used by the political mainstream. Part of the reason is who holds the debt. China is often castigated as the largest holder, but that country actually accounts for less than 8 percent of the money America has borrowed. On September 4, FOX News reported, "Fully two-thirds of the national debt is owed to the U.S. government, American investors and future retirees, through the Social Security Trust Fund and pension plans for civil service workers and military personnel."