tag:blogger.com,1999:blog-6380332481433385691.post5790571132979930249..comments2024-01-04T09:33:57.399-05:00Comments on MiltonConservative: Faking Our Way to Sovereign Bankruptcy (American Thinker)BillMhttp://www.blogger.com/profile/16338116017515403295noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6380332481433385691.post-43482260031212402412011-04-18T20:34:59.508-04:002011-04-18T20:34:59.508-04:00Great article except for one thing.
The American p...Great article except for one thing.<br />The American people are NOT on the<br />hook for ANY debt incurred by local, state or federal government.<br />The federal government has the<br />Constitutional authority to tax.<br />PERIOD.<br />If the Federal Government tried to<br />confiscate private property in<br />order to pay off the debt it incur-<br />red, there would be outright rebellion, and it would be the end<br />of the United States.<br />The people who would be left hold-<br />ing the bag would be the creditors<br />so that would mean war.<br />All I can say is bring it on!Anonymousnoreply@blogger.com