All of that MAY be true... but here's what we know: the US debt is almost $12 Trillion and the interest payment is now bigger than the DoD annual budget.
Congress just increased the debt ceiling against yesterday, while promising over $100 Billion for "poor nations" and "global warming".
The dollar continues to weaken as a result of the debt.
And what does the President and Congress want to do to combat a problem so large that it threatens to tank the entire country? Spend even more money on health care "reform" (which it's not). Brilliant. I know when I'm broke, I like to go out and charge luxury items on my credit cards because it really helps my financial situation in the long run.