63.8 Trillion

We now owe an extra $55,000 per household to cover new federal commitments (read Obama and Congress) made just in the past year.

This latest increase raises federal obligations to a record $546,668 per household in 2008. That's quadruple what the average U.S. household owes for all mortgages, car loans, credit cards and other debt combined.

Grand total of all this debt? 63.8 trillion dollars.

There's no way Americans will ever pay this off... ever. Consider: Half the people (51%) in this nation are not paying any taxes at all: A huge number not only pay no taxes, they are on welfare, social assistance and all manner of government giveaway programs: Add in the reality that our industrial base has been demolished and so many good paying jobs eliminated, then you may begin to realize there is no way out of this federally created nightmare.

Also realize that a mass of the top 1-5% of taxpayers are leaving just as fast as they can get their passports.

This 63 trillion is not the debt willingly incurred and owed by the citizens themselves for their houses, cars and credit cards, a debt load estimated at around 16 trillion total. That debt load will be difficult enough by itself to pay off, without applying a penny towards this mountain of federal debt.

Now we are starting to see the terrifying mountain of debt this nightmare administration is running up, all without one whit of authority or approval by the people who must pay it off. As Obama and congress prepare to squander several trillion more dollars, Federal tax revenues plunged 34 percent in April to $266 billion, compared to $404 billion in April of last year.

It's like somebody had taken all your credit cards and maxed them out, given all the goodies to somebody else, and then sent the bill to you, while at the same time your paycheck is cut 34%. Except it's much worse... no way could your credit cards be run up to $546,668.

These foreign nations the Feds have been borrowing money from? They are no longer buying U.S. bonds (just pretty paper nowadays), they are out there buying real U. S. assets, land, property, buildings, businesses - you name it - all legal as sunrise.

No need to have a war of conquest, just buy us out... with our own money. And just how far up the ladder do you think we would be - us ignorant, fat, lazy Americans - in such a new order?

If you have any good ideas on how to get out of this, now would be a good time to speak up.