Well, it's all upon the ""CREDIT OF"", and since by Law, there is not one single Government that can claim Bankruptcy, then something has to break, and it cannot be the U.S. nor any of the states, and will never be the Citizens by default....
That leaves only one other Position, that position is the one of Debt Holder, aka the Fed Res Private Banking Corporation....
So is addressing the budget deficits and national debt a lost cause at this point?
It's probably a good idea to ask ourselves if we really owe that debt/deficit. I suspect it may not be what we've been told all of these years.
Well, it's all upon the ""CREDIT OF"", and since by Law, there is not one single Government that can claim Bankruptcy, then something has to break, and it cannot be the U.S. nor any of the states, and will never be the Citizens by default....
That leaves only one other Position, that position is the one of Debt Holder, aka the Fed Res Private Banking Corporation....