Jason
11-29-2003, 09:29 AM
Billions for Bankers--Debts for the People
by Pastor Sheldon Emry
This material is not copyrighted. Feel free to copy and distribute.
Introduction
In 1901 the national debt of the United States was less than $1 billion. It stayed at less than $1 billion until we got into World War I. Then it jumped to $25 billion.
The national debt nearly doubled between World War I and World War II, increasing from $25 to $49 billion.
Between 1942 and 1952, the debt zoomed from $72 billion to $265 billion. In 1962 it was $303 billion. By 1970, the debt had increased to $383 billion.
Between 1971 and 1976 it rose from $409 billion to $631 billion. The debt experienced its greatest growth, however, during the 1980s, fueled by an unprecedented peacetime military buildup. In 1998, the outstanding public debt will roar past $5.5 trillion.
The unconstitutional "share" of this debt for every man, woman and child is currently $20,594.86 and will continue to increase an average of $630 million every day, which dosn't include the $26 trillion in individual credit card debts, mortgages, automobile leases and so on.
more
http://www.justiceplus.org/bankers.htm
by Pastor Sheldon Emry
This material is not copyrighted. Feel free to copy and distribute.
Introduction
In 1901 the national debt of the United States was less than $1 billion. It stayed at less than $1 billion until we got into World War I. Then it jumped to $25 billion.
The national debt nearly doubled between World War I and World War II, increasing from $25 to $49 billion.
Between 1942 and 1952, the debt zoomed from $72 billion to $265 billion. In 1962 it was $303 billion. By 1970, the debt had increased to $383 billion.
Between 1971 and 1976 it rose from $409 billion to $631 billion. The debt experienced its greatest growth, however, during the 1980s, fueled by an unprecedented peacetime military buildup. In 1998, the outstanding public debt will roar past $5.5 trillion.
The unconstitutional "share" of this debt for every man, woman and child is currently $20,594.86 and will continue to increase an average of $630 million every day, which dosn't include the $26 trillion in individual credit card debts, mortgages, automobile leases and so on.
more
http://www.justiceplus.org/bankers.htm