GOVEROTRAGEOUS: Unfunded liabilities!

http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=98487

FROM JEROME CORSI’S RED ALERT
New rules: Work ’til you die
Social Security, Medicare facing insolvency

*** begin quote ***

The U.S. Treasury, on a GAAP accounting basis, calculates the federal government had a $65.5 trillion negative net worth last year when the net present value of future Social Security and Medicare benefits are taken into consideration, a sum nearly identical to the annual gross domestic product, or GDP, of the world.

*** end quote ***

Sure, it’ll be there. And, the sheeple believe the politicians!

# # # # #

Please leave a Reply