U.S. government is broke, with a negative net worth of $18.2 trillion

Usury is forbidden in both the Torah and the Koran.

Fellowship of the Minds

This is what Barack Obama said in 2006 (h/t Tony Whitcomb):

Obama 2006

This is what “President” Barack Obama did.

On February 26, 2016, the U.S. government published its 2015 financial statements audited by the Government Accountability Office (GAO), and signed and sealed by Treasury Secretary Jack Lew — he of the childish squiggly signature (I wonder what graphologists would say about that?).

Treasury Secretary Jack Lew (right). That loopy-lop squiggle is his signature. Treasury Secretary Jack Lew (right). That loopy-loop squiggle is his signature.

As Simon Black of Sovereign Man explains, the financial statements “are intended provide an accurate accounting of government finances, just like any big corporation would do.” They show that, once again, the US government’s financial condition has declined significantly from the previous year.

Net assets or net worth refers to the difference between the total assets and the liabilities of an individual, household, or government.

In 2015, the U.S. government had $3.2 trillion in total assets, which…

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