POWERFUL Video: 16 Trillion Reasons
Posted by Jim Hoft on Tuesday, September 4, 2012, 6:58 PM
On November 6, 2012, there are more than 16 trillion reasons we must vote for a new direction.
If you are concerned that a fiscal catastophe looms for America, please share this video with your friends and family!
This is an amazing video.
Feedback is welcome: 16trillionreasons@gmail.com.
THE NATIONAL DEBT HAS HIT THE $16 TRILLION MARK FOR THE FIRST TIME IN U.S. HISTORY
The National Debt Is Now $16.0 Trillion Dollars. (US Department Of The Treasury, TreasuryDirect.gov, Accessed 9/4/12)
Since President Obama Took Office, The National Debt Has Risen $5.3 Trillion, An Increase Of Over 51 Percent. (US Department Of The Treasury, TreasuryDirect.gov, Accessed 9/4/12)
- Under Obama’s Watch, Each Citizen’s Share Of The National Debt Has Risen $17,454 To A Total Of $51,874. (US Department Of The Treasury, TreasuryDirect.gov, Accessed 9/4/12)
- Obama Has Added An Average Of $4,073,237,142 To The National Debt Every Day. (US Department Of The Treasury, TreasuryDirect.gov, Accessed 9/4/12)
- On Average, Obama Has Added $1 Trillion To The National Debt Every 245 Days. (US Department Of The Treasury, TreasuryDirect.gov, Accessed 9/4/12)
UNDER OBAMA, THE NATIONAL DEBT HAS SKYROCKETED
Politifact: Barack Obama Is “The Undisputed Debt King Of The Last Five Presidents.” “So by this measurement — potentially a more important one — Obama is the undisputed debt king of the last five presidents, rather than the guy who added a piddling amount to the debt, as Pelosi’s chart suggested.” (“Nancy Pelosi Post Questionable Chart On Debt Accumulation By Barack Obama, Predecessors,” Politifact, 5/19/11)
- Obama Is Responsible For “The Most Rapid Increase In The Debt Under Any U.S. President.” “The latest posting by the Treasury Department shows the national debt has now increased $4 trillion on President Obama’s watch. The debt was $10.626 trillion on the day Mr. Obama took office. The latest calculation from Treasury shows the debt has now hit $14.639 trillion. It’s the most rapid increase in the debt under any U.S. president.” (Mark Knoller, “National Debt Has Increased $4 Trillion Under Obama,” CBS News, 8/22/11)
Congressional Budget Office: “The Amount Of Federal Debt Held By The Public Has Skyrocketed In The Past Few Years, Rising From 40 Percent Of GDP At The End Of 2008 To An Estimated 73 Percent By The End Of This Year.” (“An Update To The Budget And Economic Outlook: Fiscal Years 2012 To 2022,”Congressional Budget Office, 8/22/12)
- According To The CBO, Federal Debt Held By The Public Will Reach The Highest Levels Since The 1950s. “Federal debt held by the public will reach 73 percent of GDP by the end of this fiscal year-the highest level since 1950 and about twice the 36 percent of GDP that it measured at the end of 2007, before the financial crisis and recent recession.” (“An Update To The Budget And Economic Outlook: Fiscal Years 2012 To 2022,” Congressional Budget Office, 8/22/12)
Obama’s Binge Spending Has Racked Up +$1 Trillion Deficits Every Year In Office
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Granny commented:
Devastating – dynamite job! Aready sent it around on Facebook.
Opaobie commented:
THE FALL OF ROME was a culmination of several external and internal factors. Click the link to read the details about each of the following causes as explained by Bill Federer of American Minute.
1. OPEN BORDERS
2. LOSS OF COMMON LANGUAGE
3. THE WELFARE STATE
4. VIOLENT ENTERTAINMENT
5. CLASS WARFARE
6. TAXES
7. OUTSOURCING
8. DEBT
9. SELF-PROMOTING & CORRUPT POLITICIANS
10. IMMORALITY
11. MILITARY CUTS
12. TERRORIST ATTACKS
Rome is considered to have officially fallen on SEPTEMBER 4, 476.
RealMc commented:
but but but,,,,,,they were letting people hug a union thug
DecentAmerican commented:
For the economists out there, can u pls explain the tangible consequences of this ridiculous debt increase to each American? I have a general knowledge of this, but if I can pls have specifics on how this debt load affects daily life, it would help my heated discussions with liberal nut jobs immensely. Thank you, and God help us boost the irresponsible buffoon for the W h.
cecil dildine commented:
What is not mentioned is the stimulus spending from 2009 was added to the baseline budget…thats why we have the huge deficit…..and dont be fooled come January with a Rep house and senate not one dime in “cuts”
HeavyDee commented:
“Under Obama’s Watch, Each Citizen’s Share Of The National Debt Has Risen $17,454 To A Total Of $51,874.”
Since only about half of Americans actually pay income taxes, this number should probably be doubled.
Better dig deep folks….Obama’s comin’ after YOUR FAIR SHARE!!!
Granny commented:
#2 – Opaobie
It has always been my understanding was that the single biggest factor in the Fall of Rome was an inability to collect enough tax money to cover all those other things.
Things got so bad with so many people avoiding taxes that they made the tax collectors personally responsible for the money they were assigned to collect – if the people didn’t pay, the tax collector had to make up the difference out of his own pocket. Tax collectors started quitting in droves, so they outlawed quitting the job, then they made it hereditary. Eventually the whole thing mushroomed to the point that they couldn’t provide the bread* and circuses Romans expected, and couldn’t pay the military and the entire house of cards came tumbling down around their ears.
Oddly, cutting back on all those other things never seemed to enter the rulers’ heads, though I do think that feeding Christians to the lions was a direct result of the expense the “circuses” had become. No need to pay or train the Christians.
*Roman citizens living in Rome were entitled to a regular ration of bread. Most of the wheat was imported from North Africa.
Opaobie commented:
#7 Granny, this is how Bill Federer explains that point:
TAXES: Taxes became unbearable, as “collectors became greedy functionaries in a bureaucracy so huge and corrupt.” Tax collectors were described by the historian Salvian as “more terrible than the enemy.” (Great Ages, p. 20). Arther Ferrill wrote in The Fall of the Roman Empire: The Military Explanation (New York: Thames and Hudson Ltd., 1986):
“The chief cause of the agricultural decline was high taxation on the marginal land, driving it out of cultivation.” There was a loss of patriotism, wealth began to flee the Empire, and with it, the spirit of liberty. President William Henry Harrison warned in his Inaugural Address, 1841: “It was the beautiful remark of a distinguished English writer that ‘in the Roman senate Octavius had a party and Antony a party, but the Commonwealth had none’…The spirit of liberty had fled, and, avoiding the abodes of civilized man, had sought protection in the wilds of Scythia or Scandinavia; and so under the operation of the same causes and influences it will fly from our Capitol and our forums.” More recently, John F. Kennedy observed, January 6, 1961: “Present tax laws may be stimulating in undue amounts the flow of American capital to industrial countries abroad.”
Granny commented:
#8 Opaobie -
Did you see this video yesterday from a doctor out in Illinois running for State Senate? If you can stop laughing long enough to catch it, listen to what she has to say about tax collectors . .
http://youtu.be/vdnY8r7_fLw
Granny commented:
Oh, BTW – we are seeing a lot of that high taxation on marginal land here in Vermont and New Hampshire. Many towns have instituted a “view tax”. A couple of years ago a man over in New Hampshire saw his property valuation go from $20,000 to over $1.5 MILLION because you could see Mt. Monadnock from his front yard! My daughter’s tax bill was based on a valuation that was more than she had paid for the house – more than had EVER been paid for the house – and 3X what any other property in more than a mile was assessed. Huge swaths of farm land have been sold and much of what remains has been turned over to “land trusts” in order to allow the owners to continue farming. We’ve had people whose property went back in their family to before the revolution, to the time that Vermont was the New Hampshire Grants or the Republic of Vermont, have to sell up and move because of skyrocketing tax rates. It’s been pretty heartbreaking.
Oliver commented:
OT – did anybody else notice that part of Tammy Duckworth’s speech was almost identical to Mitt’s story about his mom running for congress (i.e. why shouldn’t women have a say in how the country is run?). I don’t have transcripts, but it seems to me it was almost word for word.
(A courageous woman to be sure, but I was really struck by the similarity of her story)
bg commented:
++
September 4, 2012
The racist, bloody truth about Democrats
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JR commented:
Pretty soon we’ll be talking about real money here.
Poster #5 – This American Thinker article, ‘Why Blame Obama’, covers what you are saying at some depth: http://www.americanthinker.com/2012/09/why_blame_obama.html
Sarah commented:
Brilliant ad! By far, the best I’ve seen yet. (I think most ads we’ve produced have been so-so, but this is genuis!)
bg commented:
++
September 4, 2012
GOP and Democrats BOTH have reason to fear this
[“Red September” is a dramatic feature film “based on true events”
and produced by the same people that made the nation’s No. 1
Christian video for over 22 weeks, “The Isaiah 9:10 Judgment.”]
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bigkahuna commented:
How many are cussing at the screen as these @sswipes lie and distort their way through their speeches.
Rham is is a D bag…go baclk home and stop some murders you thug.
Everyone wants choice…until its us choosing not to spend our money on a product or service forced on us by Govt.
They say healthcare is a right… what other right have we been forced by threat of taxes, fines or jail to partake in ?
David commented:
These advertisements are pathetic because THEY DO NOT SHOW LOW IQ AMERICANS WHAT HAPPENS WHEN PEOPLE STOP BUYING US TREASURIES. If anyone from the Republican campaign is reading this, your advertisements need to be dramatic
*Show an American cleaning a Chinaman’s shoes
*Show a woman turning up to a hospital with a sign that says ‘hospital closed this weekend’
*Show a sign at an ATM ‘out of order’
*Show pictures of Greeks rioting in the streets
etc
tommy mc donnell commented:
obama didn’t do this by himself, he had the aid of congress every step of the way.
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