by:  Diane Benjamin

Below is the amount of interest paid per year by the federal government-per the Treasury Department website:

http://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm

Debt figures are inflation adjusted: http://home.adelphi.edu/sbloch/deficits.html

The Interest Rate paid (APR) was estimated based on the amount paid and total debt.

Interest paid         Total Debt               APR
2012	$359,796,008,919     $16,015,131,000,000             2.25
2011	$454,393,280,417     $14,790,340,000,000             3.07
2010	$413,954,825,362     $13,561,623,000,000             3.05
2009	$383,071,060,815     $11,909,829,000,000             3.22
2008	$451,154,049,950     $10,024,724,000,000             4.50
2007	$429,977,998,108       $9,007,653,000,000             4.77
2006	$405,872,109,315       $8,506,973,000,000             4.77
2005	$352,350,252,507       $7,932,709,000,000             4.44
2004	$321,566,323,971       $7,379,052,000,000             4.36
2003	$318,148,529,151       $6,783,231,000,000             4.69
2002	$332,536,958,599       $6,228,235,000,000             5.34
2001	$359,507,635,242       $5,807,463,000,000             6.19
2000	$361,997,734,302       $5,674,178,000,000             6.38
1999	$353,511,471,722       $5,656,270,000,000             6.25
1998	$363,823,722,920       $5,526,193,000,000             6.58
1997	$355,795,834,214       $5,413,146,000,000             6.57
1996	$343,955,076,695       $5,224,810,000,000             6.58
1995	$332,413,555,030       $4,973,982,000,000             6.68
1994	$296,277,764,246       $4,692,749,000,000             6.31
1993	$292,502,219,484       $4,411,488,000,000             6.63
1992	$292,361,073,070       $4,064,620,000,000             7.19
1991	$286,021,921,181       $3,665,303,000,000             7.80
1990	$264,852,544,615       $3,233,313,000,000             8.19

1)  If you aren’t appalled by the rapid increase in total debt, stick your head back underground.

2)  The Federal Reserve is holding interest rates artificially low.   If the federal government had to pay historical interest rates, interest payments would be:

4%       $640,605,240,000

4.5%    $720,680,895,000

5%       $800,756,550,000

3)  The Federal Reserve’s printing of Dollars is causing the rapid devaluation.   We are told there is very low inflation, but anybody who shops for groceries knows the prices are up and the amount in containers is down.  See this chart:  (click to enlarge)

The country can not survive $1 Trillion Dollar Interest payments and all the massive entitlement and other spending.   Citizens can not survive the devaluing and collapse of the dollar.

Nobody in government or the media is looking out for us. Obama got more spending approved in the fiscal cliff bill, and he wants more.  When it passed, he stated we still need to spend more to get the economy moving faster.

Democrats are renaming all aspects of government spending and taxes to make them sound like good things.  Spending is “investments and maintenance costs”.  Deficit creation is “revenue neglect and under-taxing “.  Entitlements are “deferred pay”.  Benefits are “worker-earned”.  Layoffs are “workforce dismantling”.  “Social contract” means we are all forced to pay.  Employees are “assets”.

No matter what you call this game, it is the destruction of our future.  Blame the TEA Party, the “racists” “obstructionists” are the only people standing up for America.  If America had listened in 2009, we might have survived. The future now looks dismal for anybody actually paying attention.

Final note:  Some Democrats have started a campaign to mislead Americans into believing the debt doesn’t have to be paid because we would be paying it to ourselves.  Watch for it.