Still Report 105 – No US Default

Bill Still

Bill Still’s latest report on the economy is one every American should understand. In a nutshell, it is “politically impossible” for the US to default on its debt. The monthly income tax collected by the Treasury is 10 times more than is needed to pay the interest on the national debt. Therefore, there is NO danger of that EVER happening. To allow the US to default on its debt would be political suicide. Those that are running around every corner of the mainstream media screaming about the sky falling, are merely scare-mongering in support of their own political agenda. Of course, that agenda is to grab more of your money, and further indebt your children and grandchildren in order to continue to enrich the elitist cronies at the top. The truly twisted part is that none of this debt was ever necessary…at all.