In response to:

Obama: Anti-Founders Debt-Accumulating Spendthrift (Part 1 of 2)

patrickhenry1800 Wrote: Jul 10, 2012 5:45 AM
Mr. Norris, the money is credit created from debt, which is generated by the Federal Reserve. Our money and the Federal Reserve is "UNCONSTITUTIONAL". Check out (see below): www.constitutionliberty. com Sign up for the Newsletter! Thanks.
In 2007, when I began writing my New York Times best-seller "Black Belt Patriotism," unemployment was less than 5 percent; the annual federal budget was about $2.9 trillion; the federal deficit was $161 billion; and the national debt was $9 trillion.

Today unemployment is stuck at 8.2 percent; the federal budget is $3.8 trillion; the national deficit is $1.3 trillion; and the national debt quickly is approaching a staggering $16 trillion.

And to add insult to injury, our vassalage to other countries deepens as they bankroll increasing amounts of U.S. debt, and more than 50 percent of our public debt is held by...