Sunday, December 04, 2005
In this podcast, I start to unleash on the federal government. This is not exactly a place where I wanted to go, but I am starting to realize that politicians have no intent of actually listening to my ideas about Social Security. If I want to make this happen, I'm going to need to take this straight to the American people.
“...If we're so rich, then why are we $8 trillion in debt? You know, yeah, we've got assets. I was reading the budget report. We've got about $800 billion in mineral rights, $600 billion in land. But what are you going to do? Are you going to start logging our national parks? You know, cut down all the trees in Yosemite and some of these other national parks. Are we going to give up the mineral rights to Mount Rushmore? You know, carve up all that granite and cart it away. Or how about melt down the Statue of Liberty for scrap? Copper prices are really high right now...”
Podcast: 12/04/2005 - Unleashed (MP3 - 32.7 MB) | Listen Now!
Sources:
Bureau of the Public Debt - Amount of National Debt to the Penny
FY 2006 Budget - Assets of the United States Government (PDF - page 218)
U.S. Treasury - Major Foreign Holders of Treasury Securities (TXT)