Full Faith and Credit : Debt, Taxes, Spending, and the Bankrupting of America

What is the national debt? Who loses from it? Who profits from it? Why is it a greater threat to America than international terrorism? In direct, non-partisan language, this book follows the money and finds the answers. Conservative, Liberal, Republican, Democrat, Libertarian, Socialist . . . Each has a laundry list for America on which the slow-motion cataclysm of unsustainable national debt is but a lonely bullet point among dozens of others. 'Full Faith and Credit' zooms in on that point, liberates it from partisan programs and political orientations, expands it, explores it, and explains it. 'Full Faith and Credit' is rich with eye-opening data, surprising case studies, and you-can't-make-this-stuff-up examples: * For every official the United States public has elected, its government supports 5000 unelected employees. * $1 billion is the cost to destroy $16 billion in ammunition unneeded by the U.S. military. * $20,973,890,000 is the total taxpayer cost to the Treasury of gambling losses deducted by millionaires. With easy-to-follow graphs and charts, as well as 20 uproarious full-colour editorial cartoons drawn from the prior work of Pulitzer Prize-winning artist Michael Ramirez, Full Faith and Credit locates the tipping point of the $19.4 trillion (and counting) national debt crisis and offers ideas on how to fix it. AUTHOR: Alan Axelrod, Ph.D., is the author of more than 140 nonfiction books, including Patton on Leadership, Elizabeth I CEO and all five editions of The Complete Idiot's Guide to American History. He has been a creative consultant for the CW, AandE Network, Discovery Channel, Military Channel, American Heroes Channel, and the PBS series American Experience. Michael Ramirez is a senior editor and the editorial cartoonist for Investor's Business Daily, a Lincoln Fellow, and an honorary member of Pi Sigma Alpha National Political Science Honor Society. He has won almost every journalism award, including two Pulitzer Prizes, the prestigious UCI Medal from the University of California at Irvine, the 2005 National Journalism Award, the 2008 Fischetti Award and the H.L. Mencken Award. He is also the author of the new book Give Me Liberty or Give Me Obamacare.