Bankruptcy Alert! Interest on Debt Now Greater Than “Defense” Budget

January 5, 2024

America was never meant to be an empire. It was meant to remain the “land of the free.” Empires are the antithesis of freedom, and they always end up going broke. Alas, after 100 years of foreign misadventures, we Americans find ourselves saddled with the biggest government in history and an empire that’s going broke! Just the interest on the national debt is now higher than the extremely bloated “defense” budget. We all know what happens when interest payments overwhelm, right? Liquidation.

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The Best of Daniel McAdams

Executive Director of the Ron Paul Institute for Peace and Prosperity and co-Producer/co-Host, Ron Paul Liberty Report. Daniel served as the foreign affairs, civil liberties, and defense/intel policy advisor to U.S. Congressman Ron Paul, MD (R-Texas) from 2001 until Dr. Paul’s retirement at the end of 2012. From 1993-1999 he worked as a journalist based in Budapest, Hungary, and traveled through the former communist bloc as a human rights monitor and election observer.