That is the definition of bankruptcy. It is just a matter of time. The scope and impact of our liabilities are stunning. But let’s play devil’s advocate and consider where this kind of money might come from.

How can we possibly meet our obligations to retirees… as well as service our debt to foreign governments… and still operate our own government?

I know, I know...we'll go to court. File a class acton suit against the long list of politicians that got us here. Maybe we could put a lien on Fanny and Freddie..