Know Who You Owe

Some interesting points to note:

  • We owe foreigners $5.9 trillion, representing 33.5% of our debt outstanding.
  • Not only is the Social Security lockbox empty, there are $2.7 trillion of IOUs piled up in the lockbox.
  • We owe $2.4 trillion to private bankers at the Federal Reserve, accounting for 13.6% of our debt due. Five years ago we owed less than 5% of our debt to the Federal Reserve.
  • You owe $826 Billion to pay the pensions of Federal government drones.
  • Do you see the $492 Billion owed to military veterans for fighting our wars of choice included in the military budget?
  • The good news is we will owe $20 trillion before Obama is done his reign of error and terror.

 

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