Tag Archives: federal budget deficit

Kill the Rich, Confiscate All S&P 500 Profits, and Pay the Debt?

 

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The National Debt and Federal Budget Deficit Deconstructed – Tony Robbins

Tony Robbins deconstructs our debt and deficit problem. How long could we fund our government if we took 100% of all income and assets of the rich and the S&P 500 companies? Two Years? Ten Years?  The answer would shock you–five months. But then what would we do the following year after all the wealth has been confiscated and sold? A fascinating 19 minute video with Tony Robbins: http://www.youtube.com/watch?v=jboTeS9Okak