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IPFS News Link • Ron Paul Says...

Bankruptcy Alert! Interest on Debt Now Greater Than "Defense" Budget

• Ron Paul Liberty Report

America was never meant to be an empire. It was meant to remain the "land of the free." Empires are the antithesis of freedom, and they always end up going broke. Alas, after 100 years of foreign misadventures, we Americans find ourselves saddled with the biggest government in history and an empire that's going broke! Just the interest on the national debt is now higher than the extremely bloated "defense" budget. We all know what happens when interest payments overwhelm, right? Liquidation.

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