Tag Archives: unfunded liabilities

God and the Bible Support Private Enterprise and Reject Socialism

  1 Thessalonians 4:11,12 11 And that ye study to be quiet, and to do your own business, and to work with your own hands, as we commanded you; 12 That ye may walk honestly toward them that are without, and that ye may have lack of nothing. Ephesians 4:28 28 Let him that stole steal no more: but rather let him labour, working with his hands the thing which is good, that he may have to give to him that needeth. Acts 18:2-3 2 And found […]

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U.S. Debt Should Double Within 7 Years – Gold Could Soar

The editor of Gold Newsletter, President and CEO of Jefferson Financial, Brien Lundin, said at the New Orleans Investment Conference in 2017 that historically, over the period of an eight-year term by a President, the Federal debt doubles. If that’s how it ends up this time around, it suggests the existing $20 trillion U.S. debt load will jump to $40 trillion in approximately seven years. The reality is raising taxes and cutting government spending has no chance of dealing with growing unfunded liabilities, even if there were […]

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