Decline and Approaching Fall of the U.S. -Bookswagon
Home > Decline and Approaching Fall of the U.S.
Decline and Approaching Fall of the U.S.

Decline and Approaching Fall of the U.S.


     0     
5
4
3
2
1



International Edition


About the Book

The U.S. is the richest and most powerful nation on earth...an opinion held by the vast majority of people. Only the later is true. The illusion of richness of the U.S. is nothing more than a house of cards built on a mountain of debt. The average person, age 20 and older, has racked up a consumer installment debt of about $9,000...has a home mortgage around $15,000...and is responsible for $30,000 of the government's public debt. The message of this book is grim. The U.S. has become drastically overextended...it will be un-able to live up to its commitments in the years ahead. Government data discloses a fiscal de-cline has been in progress since 1970. Further, it reveals a frightful truth. The U.S. has passed the point of no return, that is, the capability of fixing the problem without basically restructuring numerous and vital commitments. And the problem is not the public debt, it's the trust funds. By 1983, the trust funds were gobbling up 50 percent of all of the government's receipts. The tail began wagging the dog. 46.4 cents out of every dollar the government spent in 2001 was spent by the trusts, vis-à-vis 12.5 cents by the Department of Defense. Revealed now, for the first time, are the dollar numbers which spell out the fate of the U.S. Recent surpluses referred to by the White House and Congress, were created with smoke and mirrors. The smoke was Social Security funds and contributions by railroad workers and federal employees, for retirement, medical and hospital insurance, etc. When trust funds are excluded, the annual deficits neared one trillion dollars each year between 1998 and 2001. The last real surplus occurred prior to 1959. Annual interest expense exceeded 38% of receipts in 2002. Four of the 16 trust funds spell trouble with a capital T . . . and the death knell. As of the close of fiscal year 2001, these four trust funds had unfunded liabilities of $16.8 trillion. With the funded public debt of $5.8 trillion, total U.S. liabilities exceeded $22 trillion...an unbearable load for Big Sam . . . and it's growing daily. Being the leading nation in the world is not irrevocable...Rome, Spain, and England can so testify. For more info refer to website earl-hadady.com


Best Sellers



Product Details
  • ISBN-13: 9781418449216
  • Publisher: Authorhouse
  • Binding: Hardback
  • Language: English
  • Returnable: N
  • Spine Width: 14 mm
  • Weight: 471 gr
  • ISBN-10: 1418449210
  • Publisher Date: 23 Dec 2004
  • Height: 229 mm
  • No of Pages: 180
  • Series Title: English
  • Sub Title: When Social Security & Other Trust Funds Fail
  • Width: 152 mm


Similar Products

Add Photo
Add Photo

Customer Reviews

REVIEWS      0     
Click Here To Be The First to Review this Product
Decline and Approaching Fall of the U.S.
Authorhouse -
Decline and Approaching Fall of the U.S.
Writing guidlines
We want to publish your review, so please:
  • keep your review on the product. Review's that defame author's character will be rejected.
  • Keep your review focused on the product.
  • Avoid writing about customer service. contact us instead if you have issue requiring immediate attention.
  • Refrain from mentioning competitors or the specific price you paid for the product.
  • Do not include any personally identifiable information, such as full names.

Decline and Approaching Fall of the U.S.

Required fields are marked with *

Review Title*
Review
    Add Photo Add up to 6 photos
    Would you recommend this product to a friend?
    Tag this Book Read more
    Does your review contain spoilers?
    What type of reader best describes you?
    I agree to the terms & conditions
    You may receive emails regarding this submission. Any emails will include the ability to opt-out of future communications.

    CUSTOMER RATINGS AND REVIEWS AND QUESTIONS AND ANSWERS TERMS OF USE

    These Terms of Use govern your conduct associated with the Customer Ratings and Reviews and/or Questions and Answers service offered by Bookswagon (the "CRR Service").


    By submitting any content to Bookswagon, you guarantee that:
    • You are the sole author and owner of the intellectual property rights in the content;
    • All "moral rights" that you may have in such content have been voluntarily waived by you;
    • All content that you post is accurate;
    • You are at least 13 years old;
    • Use of the content you supply does not violate these Terms of Use and will not cause injury to any person or entity.
    You further agree that you may not submit any content:
    • That is known by you to be false, inaccurate or misleading;
    • That infringes any third party's copyright, patent, trademark, trade secret or other proprietary rights or rights of publicity or privacy;
    • That violates any law, statute, ordinance or regulation (including, but not limited to, those governing, consumer protection, unfair competition, anti-discrimination or false advertising);
    • That is, or may reasonably be considered to be, defamatory, libelous, hateful, racially or religiously biased or offensive, unlawfully threatening or unlawfully harassing to any individual, partnership or corporation;
    • For which you were compensated or granted any consideration by any unapproved third party;
    • That includes any information that references other websites, addresses, email addresses, contact information or phone numbers;
    • That contains any computer viruses, worms or other potentially damaging computer programs or files.
    You agree to indemnify and hold Bookswagon (and its officers, directors, agents, subsidiaries, joint ventures, employees and third-party service providers, including but not limited to Bazaarvoice, Inc.), harmless from all claims, demands, and damages (actual and consequential) of every kind and nature, known and unknown including reasonable attorneys' fees, arising out of a breach of your representations and warranties set forth above, or your violation of any law or the rights of a third party.


    For any content that you submit, you grant Bookswagon a perpetual, irrevocable, royalty-free, transferable right and license to use, copy, modify, delete in its entirety, adapt, publish, translate, create derivative works from and/or sell, transfer, and/or distribute such content and/or incorporate such content into any form, medium or technology throughout the world without compensation to you. Additionally,  Bookswagon may transfer or share any personal information that you submit with its third-party service providers, including but not limited to Bazaarvoice, Inc. in accordance with  Privacy Policy


    All content that you submit may be used at Bookswagon's sole discretion. Bookswagon reserves the right to change, condense, withhold publication, remove or delete any content on Bookswagon's website that Bookswagon deems, in its sole discretion, to violate the content guidelines or any other provision of these Terms of Use.  Bookswagon does not guarantee that you will have any recourse through Bookswagon to edit or delete any content you have submitted. Ratings and written comments are generally posted within two to four business days. However, Bookswagon reserves the right to remove or to refuse to post any submission to the extent authorized by law. You acknowledge that you, not Bookswagon, are responsible for the contents of your submission. None of the content that you submit shall be subject to any obligation of confidence on the part of Bookswagon, its agents, subsidiaries, affiliates, partners or third party service providers (including but not limited to Bazaarvoice, Inc.)and their respective directors, officers and employees.

    Accept

    New Arrivals



    Inspired by your browsing history


    Your review has been submitted!

    You've already reviewed this product!