According to the Senate For Defense Information - 51% of your personal Federal Income Tax goes specifically to military spending. That military spending enriches the super-rich who own the corporations that manufacture the weapons of war that kill, burn, maim and loot for profit.
Alliant Techsystems
BAE Systems Inc.
Boeing
Bushmaster Firearms International
Colt's Manufacturing Company
General Atomics
General Electric (primarily through GEAE)
General Dynamics
Honeywell
Lockheed-Martin
Northrop Grumman Corporation
Raytheon Corporation
THOR Global Defense Group
United Technologies (primarily through Pratt and Whitney, Smith and Wesson Sikorsky Aircraft Corporation)
As of June 29, 2011, America's outstanding total public debt was $14.46 trillion. That's approximately 98.6% of 2010's annual GDP of $14.66 trillion.
75% of the US national debt belongs to US citizens themselves. Contrary to public belief, only 4.5 trillion dollars of the US foreign debt is owned by foreign "banksters". China's Banksters are the biggest owner of US Treasury bonds worth USD 1.2 trillion.
Taiwan and Hong Kong "Banksters" rank next, seeking an overall of USD 276 billion from the US government.
President Obama has added almost 4 trillion to the debt owed to the "bankster crime families" since he took office in 2009.
CANCELLING THE NATIONAL DEBT
The idea of canceling the national debt is gaining support in direct proportion to the increase in the debt itself. The formula is simple. Cancel the wars-for-profit in Iraq, Afghanistan and Libya. Arrest the loan sharking MAFIA crime families who bought the US Congress, privatized and stole the Federal Reserve and are printing money out of thin air. Arrest them for their crimes against humanity.
The ruling crime families are the FED. The money they print has no value because it has nothing to back it up. These loan sharks lend the money that they print to the government. They collect interest on it and suck the life blood out of the nation.
When are Americans going to say enough is enough and force the federal government to dissolve the Federal Reserve? When are they going to force the government to issue money backed by gold or silver or something with real value? When are citizens going to REFUSE to pay the national debt to the bankster crooks and force the government to CANCEL the national debt??? Don't wait for the politicans in Washington to do it for you. They have been bought and paid for by the ruling MAFIA families.
Cancelling the national debt would result in permanent tax cuts, a stable currency and stable financial markets. That's THE LAST THING the Rockefellers, Rothschilds, and Morgan crime families want.