How Does America Deal with $90 TRILLION in Debt?
A note to readers: this is an old post on the archive website for Promethean PAC. It was written when we were known as LaRouche PAC, before changing our name to Promethean PAC in April 2024. You can find the latest daily news and updates on www.PrometheanAction.com. Additionally, Promethean PAC has a new website at www.PrometheanPAC.com.
Robert Ingraham's latest article available here.
As Congress and the White House grapple with each other in their negotiations to extend the debt ceiling by June 1, they are missing the elephant in the room: the causes of the ballooning federal (and state, local, corporate and personal) debt.
Our ability to produce, to build and to grow has been crippled by unconstitutional policies including the adoption of the Federal Reserve, the establishment of the budget process itself, and the imposition of green insanity. In short, we are running huge and accelerating debts because we have ceased acting as a sovereign nation and have become, once again, the economic colony of a financial empire.
If we are going to deal with the debt and survive, we must rediscover the American economic principles of Alexander Hamilton, Abraham Lincoln and Lyndon LaRouche.
Tonight, Robert Ingraham will take up that challenge. See you then.