U.S. NATIONAL DEBT NOW EQUIVALENT TO THE AMOUNT OF MONEY MISSING FROM THE TREASURY

In March of 2018, the U.S. national debt topped $21 trillion dollars, and now the average debt liability for an individual taxpayer is projected to be $161,022 by 2019. This means that every American taxpayer pretty much owes the government a house, when you consider that the median house price is around $200,000.

That’s right, even your happy, bubbly one-year-old future taxpayer, who is too new to the planet to have any idea what any of this means, will owe someone else a house by the time she’s old enough to get a job.

At present, even though the government is collecting record high individual income taxes, the debt continues to rise, as do taxes, fees, permits, regulations, and government sponsored extortion of citizens. This doesn’t bode well for the average American.

“With the debt per taxpayer as high as it is, if the government continues to raise taxes on middle income earners and above, it will become increasingly difficult for many of these individuals to preserve their standard of living. This will result in a reduction of wealth that spans the entire income spectrum, excluding perhaps the super-rich.” [Source]

Remarkably, at the same time the debt hit $21 trillion, others were noticing that the publicly available number of unaccounted for, or lost or stolen, taxpayer dollars is also now at $21 trillion. Most of this seems to have gone missing from the Pentagon.

Coincidence?

Forbes magazine published an article on this in December of 2017, noting how year after year the defense department’s annual financial reports include insane sums of money that goes unaccounted for in the form of unsubstantiated adjustments. That is, faulty reporting, something which would land an ordinary person in jail for tax evasion.

“..data used to prepare the year-­end financial statements were unreliable and lacked an adequate audit trail. The report indicates that just 170 transactions accounted for $2.1 trillion in year—end unsupported adjustments.  No information is given about these 170 transactions.  In addition many thousands of transactions with unsubstantiated adjustments  were, according to the report, removed by the Army. There is no explanation concerning why they were removed nor their magnitude.” [Source]

Former U.S. Congressman Ron Paul recently posted about the missing money phenomenon, noting that most of this astronomical amount of money is the result of out of control military spending.

“Do you know how much the Pentagon spent between 1998 and 2015 that is “unaccounted for”?
TWENTY-ONE TRILLION DOLLARS
$21,000,000,000,000
Where did it go?
No one knows…it’s “unaccounted for”.” ~Ron Paul

The U.S. military budget dwarfs every other country on the planet combined.Do you know how much the Pentagon spent…

Posted by Ron Paul on Friday, June 22, 2018

Looking at this situation in layman’s terms, there’s a criminal on the block, one that everyone knows but is afraid to confront, who steals from everyone in the neighborhood again and again. And it’s gotten to the point where the criminal is free to act with impunity, stealing ever greater amounts from his neighbors.

There is no one who can help. The police won’t do anything because they are paid off by the criminal. The criminal is well-armed because he doesn’t follow the same gun laws that the neighbors have to adhere to. He regularly flaunts his weapons and threatens anyone who looks at him wrong.

There is nothing the neighbors can do about it, and the criminal knows this and becomes more and more brazen as time goes by. And the criminal lives a life of luxury and ease, while the neighbors have to work harder and harder to recover from their ever-increasing losses.

The neighborhood has become a sort of feudal preying ground for the criminal, and the neighbor’s futures look more and more bleak with each passing year. They have become, in effect, slave workers for the criminal, and the situation holds no promise of improving any time soon.

While the neighbors are all honest, good, hard-working people, desperation is slowly sinking in and in time the situation will become volatile and very dangerous.

Final Thoughts

In other news, the IRS has recently been granted the power to withhold passports from citizens who owe back taxes in the amount of $50,000 or more. This could be some 362,000 people, according to Time magazine, who face the prospect of internal imprisonment for doing something the government itself does, but at a tiny fraction of the scope.

“The State Department says that violators who do not resolve their tax issues before applying for a passport will have their application delayed or denied. Meanwhile, people with seriously delinquent tax payments who have already applied for a new U.S. passport will not have a new passport issued to them until they have resolved their tax issues with the IRS.” [Source]

This is something that doesn’t seem to register on the public mind, and as long as Americans are more interested in allowing themselves to be divided and conquered by the media, we can only expect for the national debt crime to exacerbate.

Source: https://www.wakingtimes.com/

1 thought on “U.S. NATIONAL DEBT NOW EQUIVALENT TO THE AMOUNT OF MONEY MISSING FROM THE TREASURY

  1. Respectfulky;
    To get a real understanding of the issue of what’s referred to as the ‘National Debt’, people need to begin reading @KarenHudes on Twitter or watch her videos posted to youtube. There IS NO NATIONAL DEBT. This cannot be emphatically stated enough, the “alleged debt” is a contrivance of the illegitimate Federal Reserve (not federal /US at all), elite-scum, to bring down the US, and is completely offset by the amount these bankers owe humanity. There is no notional debt, not here in US, not in Brittain, not in France, not in Greece, no where. Its a fake and a lie. They owe us.
    The Global Debt is offset by quadrillions in 1934 US Gold Bonds, physical precious metals and gemstones includung diamonds (though diamonds are arguably price supported by DeBoers bros owning 4/5ths of the market and releasing tiny quanities annually while they have more diaminds cut and warehoused currently than there are natural gemstones on the market and were they ever released, dismonds wouod have something like a 0.10 cents per carat value, so doamonds are truly, near valueless only supported by the DeBoers monopoly) sequestered / hidden, for 50 years by President Eisenhower. Ths enormous stash of Gold Bonds, metals, and US Treasury Gold Bonds, is called the Global Debt Facility, and because these same bankers borrowed ahainst these assets, it offsets every penny ‘the fed’ / those bankers assert, we owe them. Its all political BS and games played on the world’s people, especially the US. At least that is how I have come to understand it. The ‘fed’ debr, is all lies, and it is past time the people learned the truth.
    Its time to awsken from the fantasy and demand our due from these people, they owe you amd not, the other way around.

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