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New FPV Radio Ad

Our new radio commercial urges Republicans in the House of Representatives to hold the line on increased government spending.

Nov 16, 2012

The new FPV commercial now running on KMJ Radio is a little different than our normal message. If you're familiar with our newsletter, website and radio messages, you know we are trying to educate people about the water issues in California. We have also been involved in the high-speed rail issue. Part of the education process, however, has been our attempt to 'connect-the-dots' between government policy and the economy and how poor policy can impact all of us. Our new radio commercial urges Republicans in the House of Representatives to hold the line on increased government spending.

The chart below shows the interest on the national debt from 1988-2012 and how it has changed year-to-year. What you will notice is that even though the debt has doubled in the past few years, the interest payment on the debt has remained relatively stable. You can see the real reason the Federal Reserve has been pushing interest rates lower and lower. It allows them to keep the deficits going with the same interest payments. Still, with a trillion dollar deficit the interest on the debt is about 30%+ of the annual deficit.

By pushing interest rates down the fed has kept the interest from exploding, but it causes another problem in that other countries don't want to buy the debt because of the low interest they receive on their investment. This is why the fed has to print money to buy our own debt. So, we are printing money to buy our own debt and eventually we will have a currency/inflation crisis. If interest rates go up only to 5%, the interest on the debt will be over $800-billion.

Somewhere, someone will have to take a stand and stop the madness, or the madness will come to an end on its own. We can solve the problem or wait until it's too late.

“Witnessing the Republicans and the Democrats bicker over the U.S. debt is like watching two drunks argue over a bar bill on the Titanic.”
—Unknown


To hear our latest radio ad just Click Here and hit the 'play' button. We would also like to thank Karen and Greg Musson at Gar Tootelian, Inc. for donating the time for these ads on KMJ. To learn more about them, check out their website here.

 

 

Available Historical Data Fiscal Year End

2012

$359,796,008,919.49

2011

$454,393,280,417.03

2010

$413,954,825,362.17

2009

$383,071,060,815.42

2008

$451,154,049,950.63

2007

$429,977,998,108.20

2006

$405,872,109,315.83

2005

$352,350,252,507.90

2004

$321,566,323,971.29

2003

$318,148,529,151.51

2002

$332,536,958,599.42

2001

$359,507,635,242.41

2000

$361,997,734,302.36

1999

$353,511,471,722.87

1998

$363,823,722,920.26

1997

$355,795,834,214.66

1996

$343,955,076,695.15

1995

$332,413,555,030.62

1994

$296,277,764,246.26

1993

$292,502,219,484.25

1992

$292,361,073,070.74

1991

$286,021,921,181.04

1990

$264,852,544,615.90

1989

$240,863,231,535.71

1988

$214,145,028,847.73

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