I thought that interest was the tax on debt?As for the...

I thought that interest was the tax on debt?

As for the figures:

"If we use the say 8 billion of the 9 billion Abbott gave to the RBA and sell our reserve GOLD BULLION which is held in London then approximately that will give us:

8,000,000,000 +
3,078,400,000

Tot = 11,078,400,000"

Awesome, where will get the other 439 Billion to off the fed's debt and a similar amount for the state govcorps debt? The sad part is that most of us have been conned (again) into believing that the debt is our and not theirs. Suckers.