REPORT: The United States of America is Insolvent

The U.S. Treasury Department PR machine tried to slip this one past us all, unnoticed. We are broke. Busted. Unable to meet or discharge financial obligations. Bankrupt. Insolvent. Dr. Chris Martenson, author of The End of Money, says the Treasury, according to this report cum editorial at Financial Sense University, a website devoted to returning to a rational economic policy in this country.

Given how studiously our nation is avoiding this topic both in the major media outlets and during our last election cycle, I sometimes feel as if I live in a small mountain town that has decided to ignore an avalanche that has already let loose above in favor of holding the annual kindergarten ski sale.

Read it. Take it to heart. Then forward it, by both email and snailmail/hardcopy to your Congress critters. Make a copy and keep it with you to share with others. Digest it slowly over time. But take it to heart -- we HAVE gone to hell in a handbasket and we are ALL TO BLAME.

Happy Holidays.

Via J-Walk Blog.