US gave banks access to 23.7 Trillion Dollars not just $700 Billion!

Submitted by Constantine on Wed, 02/03/2010 - 04:27.
Makes you feel all warm and fuzzy inside to know that your tax dollars are being used for investments outside the US - thus destroying US jobs.
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A lot of people are very upset about the rapidly increasing U.S. national debt these days and they are demanding a solution. What they don't realize is that there simply is not a solution under the current U.S. financial system. It is now mathematically impossible for the U.S. government to pay off the U.S. national debt.
You see, the truth is that the U.S. government now owes more dollars than actually exist. If the U.S. government went out today and took every single penny from every single American bank, business and taxpayer, they still would not be able to pay off the national debt. And if they did that, obviously American society would stop functioning because nobody would have any money to buy or sell anything.
Another great development bought to you by the idiots in Washington.