Our Own Debt is Spiraling into Infinity
In 1910 the U. S. Federal debt was only $1 billion, or $12.40 per citizen. State and local
debts were practically non-existent.
By 1920, after only six years of Federal Reserve shenanigans, the Federal debt had jumped
to $24 billion, or $228 per person.
In 1960 the Federal debt reached $284 billion, or $1,575 per citizen and state and local
debts were mushrooming.
In 1998 the Federal debt passed $5.5 trillion, or $20,403.90 per every man woman and child
and is growing exponentially.
State and local debts are increasing as fast Federal debts. However, they are too cunning
to take the title to everything at once. They instead leave us with some "illusion of
ownership" so you and your children will continue to work and pay the bankers more of
your earnings on ever increasing debts. The "establishment" has captured our
people with their debt-money system as certainly as if they had marched in with an
uniformed army.
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Last Updated on 04/23/98 by Darren Perkins 