Government Watch / Politics

AMAC Magazine Exclusive – Interest On The National Debt – A Monster That Is Eating Our Future

By: Bob Carlstrom

National Debt

We all know government spending is out of control, irresponsible, indefensible. Even now, with the national debt topping $28 trillion, President Biden and congressional Democrats blithely breach their fiduciary and stewardship duties, pushing trillions more in spending. The White House and Congress know our accelerating national debt is “unsustainable.” Still they ignore it—and the extraordinary interest that grows on it, shackling America’s future.

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Rocco
2 months ago

The federal reserve is the issuer of our debt. They are the lenders of the US Money fund. And soon, they will call it all in. Let’s not forget the federal reserve is NOT part of the government.

Max
2 months ago
Reply to  Rocco

Very few people understand that the Federal Reserve is a world organization banking unit and not USA. President McKinley signed the paperwork while under pressure from the “RICH ELITE” of the time. A couple of years later, President McKinley regretted this decision and stated the he had sold this country down the tubes.

Jim Jolly
2 months ago

They don’t care!

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