does usa want debt?

Question

approaching 9 trillion dollars..
does the usa actually care about its debt?

Answer 1

the central banks .. mainly the federal reserve likes it ... because they profit on the debt in the form of interest ... which is where ur taxes go btw ... and we were debt free under andrew jackson which killed the central bank scheme of his time and paid off the national debt ... kennedy tried with executive order 11110 to kill the fed reserve and they killed him for it ....

Answer 2

Psh, we are so screwed anyway. There is no way that we can save 9 trillion dollars. With everyone demanding something else (more financial aid for college, better healthcare, social security), we will never be out of debt.

So, to answer your question, I don't think that the government and U.S. WANT debt, but it is inevitable and there isn't much we can do about it. It's more like acceptance and realization...

Answer 3

the region in usa isn't as undesirable as in Europe. The financial equipment in Europe is somewhat controlled totally via the government--the difficulty is over there, the government CAN not pay for each and all of the centers that they have got offered for some years. they're out of gross sales. In usa, while human beings say we are becoming to be like Europe, liberals, FOR some reason, think of government would desire to administration employer, it somewhat is precisely what Europe has achieved and IT DOESNT artwork. usa can recuperate if the government could end SPENDING on liberal recommendations.

Answer 4

It's ok, so long as we use that money to upgrade our infrastructure and improve our prospects for growth in the future. It's like someone taking out a loan to start a business. If the money is used wisely, it's a good investment and increases prosperity and quality of life for everyone.

Unfortunately, our government has grown somewhat inept in its ability to allocate funds and not waste capital. Part of the reason they're inept is because the people running the government usually don't have 'money' as one of their areas of expertise.. most of the time, knowledge of politics is required to get into Congress, so that's what they have the most knowledge of. Kind of silly to put people who don't know much about money in charge of the largest economy in the world, but hey, that's democracy.

Answer 5

When have we been debt free? Yes I do care about the debt! I don't run my business or my house with huge amounts of debt. I live with in my means, maybe the government should start off by eliminating foreign aid!

Answer 6

every country has debt. it is just numbers. Money is just non material value until you exchange it for work, product and service. I live in the UK and it has massive national debts. It is on going and only looks bigger with inflation.

And and yes (cough) the UK we do back the US in their international agendas when most countries scuttle the USS Loyalty ship.

Answer 7

Those who are in control do, debtor/creditor can be likened to slave/master.

“Whoever controls the volume of money in any country is absolute master of all commerce and industry.”
- President Garfield

“In the United States today we have in effect two governments ... We have the duly constituted Government ... Then we have an independent, uncontrolled and uncoordinated government of the Federal Reserve System, operating the money powers which are reserved to Congress by the Constitution.”
- Congressman Wright Patman, Chairman, House Banking Committee

Sadly, the country would not likely be in debt if the country hadn't been sold out to the bankers brainchild, the Federal Reserve in 1913 by Aldrich, Wilson, et. al.

“If this mischievous financial policy, which has its origin in the North American Republic, shall become indurated down to a fixture, then that government will furnish its own money without cost. It will pay off its debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world. The brains and the wealth of all countries will go to North America. That government MUST be DESTROYED or it will destroy every monarchy on the globe.”
- from The London Times editorial regarding Americas attempts to make the creation of money a free Constitutional concern

Some people care. Most are ignorant and/or apathetic.

“Since the federal constitution has removed all danger of our having a paper tender, our trade is advanced fifty percent. Our monied people can trust their cash abroad, and have brought their coin into circulation.”
- `The Pennsylvania Gazette' (Dec. 16, 1789)

“Those who create and issue money and credit direct the policies of government and hold in the hollow of their hands the destiny of the people.”
- Rt. Hon. Reginald McKenna, Secretary of the Exchequer, Midland Bank of England (1920)

"A great industrial Nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the Nation and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the world -- no longer a Government of free opinion, no longer a Government by conviction and vote of the majority, but a Government by the opinion and duress of small groups of dominant men."
-Woodrow Wilson

The country can get out of debt by simply shutting down the Federal Reserve. More simply said than done.
The bigger question is how?
JFK tried to do this...

"...A book published in 1989, *Crossfire* by Jim Marrs, contains another bombshell. On page 275, in a section on who had a motive to have Kennedy assassinated, Marrs details Kennedy's fight with the Federal Reserve Board over U.S. monetary policy. Here, Marrs has discovered a bombshell: the powerful economic and financial motive the Anglo-American establishment had for violently removing John F. Kennedy from office. And, it would not be the first time a U.S. President had been assassinated for that reason.
It appears that Kennedy was moving to end the Federal Reserve's fifty-year control over U.S. monetary and credit policy, as the leading edge of his attack on entrenched finance capital interests in the United States.
According to Marrs, and confirmed by this author, Kennedy -- facing a $3 billion budget deficit -- refused to continue the practice of paying the Federal Reserve banks interest on the money they printed for the United States. Instead, Kennedy issued an executive order instructing the U.S. Treasury to print over $4 billion dollars in U.S. currency. That money was, in its smaller denominations, to be backed by gold. The currency (U.S. Treasury notes instead of Federal Reserve notes) was indeed printed and issued, but was quietly withdrawn from circulation after Kennedy's death. The executive order under which it was printed, E.O. 11.110, still remains in force to this day, although no U.S. President since Kennedy has dared to use it. With today's tremendous budget deficits, we still pay interest on the money printed by the Federal Reserve banks." -"Kennedy and the Federal Reserve" (From an article entitled "Why the JFK Assassination [Investigation] Should Be Reopened" by Allen Salisbury. *The New Federalist*, December 6, 1993.)

Answer 8

No, because we are still the richest country on the Earth. The reason why we have debt is because other countries (cough) Great Britain, owe us money, and they have never paid us.

Answer 9

Government doesn't care. We'll all care in the near future when we have to have an everything must go sale.

Answer 10

Obviously the government does not care. We, the people, should be very frightened. How will we get out of it? What do we leave to our children and grandchildren?