But I have an uncomfortable feeling that this prosperity isnât something on which we can base our hopes for the future. No nation in history has ever survived a tax burden that reached a fourth of its national income. Today, 40 cents out of every dollar earned in this country is the tax collectorâs share, and yet our government continues to spend 10 billion dollars a day more than the government takes in. The Senate hasnât passed a budget for the last 3 years. We haveraised our National Debt 77 times out of the last 93 years. We have 445 billion dollars in gold in our treasury; we donât own an ounce. Foreign dollar claims are 4.5 trillion dollars. The largest portion of U.S. debt, 68 cents for every dollar or about $10 trillion, is owned by individual investors, corporations, state and local governments and, yes, even foreign governments such as China that hold Treasury bills, notes and bonds. And in 2008 Forbes said the real liability facing our government is $70 trillion, meaning that the optimistic view is that our federal obligations outpace the entire annual economic output of human civilization.
This 2012 election year is about more than just replacing a President. This campaign is about saving the soul of America. If you have money please donate to campaigns. If you have talents, then please share them with campaigns. If you have some spare time then ask a campaign how you can assist them. I ask you all to please get involved in any way shape or form.