I HAVE A GOOD FEELING ABOUT THIS | image tagged in national debt | made w/ Imgflip meme maker
752 views, 24 upvotes, Made by Area309 13 months ago national debt
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BACK IN MY DAY THIS WAS THE NATIONAL DEBT, AND I PAID IT OFF | made w/ Imgflip meme maker
OK, the $20 national debt isn't true, but he did pay it off, the only time in the history of the country.
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Unsustainable.
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Ancient Aliens Meme | ALL AMERICAN NEEDS IS COVFEFE | image tagged in memes,ancient aliens | made w/ Imgflip meme maker
No one is gonna be collecting this debt. That's for sure.
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1 up
Ah, to live in the 1900's.
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1 up, 1 reply
WHO THE HELL KEEPS LOANING US MONEY?! | made w/ Imgflip meme maker
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1 up, 1 reply
$4.5 trillion of the federal debt is held by the Federal Reserve (they "created" the money to buy the bonds). Other governments (China, Japan, etc.) hold several trillion of our obligations.
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One Does Not Simply Meme | THE FED RESERVE IS PRIVATE TOO | image tagged in memes,one does not simply | made w/ Imgflip meme maker
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1 up, 1 reply
Technically, but all profit go to the U.S. Treasury.
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1 up, 1 reply
Not quite. The US Treasury only owns part of it. The rest are private. The best scam ever!
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1 up, 1 reply
All profits from operations go to the U.S. Treasury. Look it up. Cheers!
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1 up, 1 reply
Then what was Ron Paul's deal wanting to nationalise the Fed?
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1 up
I believe he wanted to audit the Fed, not nationalize it. He, and others, want the decisions that the Fed makes to be under Congressional review...taking away it's independence.
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1 up
All just to keep the wheels spinning. lol
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1 up, 1 reply
Its not only the government who is addicted to credit
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2 ups
I have two credit cards for convenience. The balance is reduced to zero every month. Hbu?
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1 up
America was at 8 trillion debt before Obama was in office. It took us over 230 year to spend that money. In 8 years Obama raised the national debt to 20 trillion. #Facts
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I HAVE A GOOD FEELING ABOUT THIS
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