A Message from Congressman Ron Paul
"Senator Jeff Sessions, ranking member of the Senate Budget Committee has pointed out that our per capita government debt is already larger than Greece's.
"Per person, our government owes over $49,000 compared to $38,937 per Greek citizen.
"Our debt has just reached 101% of our Gross Domestic Product. Our creditors see this and have quietly slowed down or stopped their lending to us. As a result, the Federal Reserve has been outright monetizing debt as a way to patch things together and keep the economy on life support a little longer."
Read More: Economy Squeezed as Debt Accelerates