On the fifth anniversary of the United States’ invasion of Iraq, the War Tax Resisters League, in the District of Columbia, conducts a blockade of the Internal Revenue Service: “Shut down the IRS; Shut down the war.”

       [restored 6/28/2024] Thanks to Freedom’s Phoenix for this entry.

       While the United states Armed Forces (private mercenaries) are stationed at 737 bases, in 130 nations around the world, defending “all freedom-loving people everywhere in the world,” James B. Lockhart III, Director of the Office of Federal Housing Enterprise Oversight, allows the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (a.k.a. “Fannie Mae” and “Freddie Mac”) to use 200,000,000,000 “dollars” of its required reserves to support the troubled subprime (junk) mortgage market.

       NOTE: The combined value of all subprime mortgages in the nation at this time was estimated at 1,600,000,000,000 “dollars.”

       [restored 6/28/2024] Thanks to Chuck McGlawn for this entry.

Subsequent Events:

3/20/2008                   5/6/2008                   7/15/2008                  9/18/2008                  10/7/2008

Authority:

References:

Shut Down the IRS March 19, 2008 | War Resisters League
www.warresisters.org/Shut-down-irs-march-19-2008 

A History of the Panic of 2008
www.freedomworks.org/sploads/crisis.pdf

Fannie, Freddie and the Fed Loan $400 Billion to Financial Markets
useconomy.about.com/b/2015/03/23/fannie-freddie-and-the-fed-loan-400-billion-to-financial-markets.htm

A Break for Freddie and Fannie
www.nytimes.com/2015/03/20/business/20fannie.html/?_r=1

Current U.s. National Debt:

$36,167,124,467,492

Source