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America slid into debtor-nation status, and Americans "went from owing 16 cents for every dollar in national income in 1981" to owing 44 cents per dollar in 1988.
Subsidiaries went from owing the parent company about $1.2 billion to being owed $1.5 billion.
He insists that, far from owing billions, he is owed money by the family, via promissory notes.
The homeowner would go from owing twice what the home is worth to having $10,000 in equity.
Last year, about 1.7 million Americans went from owing more on their mortgages than their homes were worth to having some ownership stake, CoreLogic reported on Tuesday.
According to the suit, filed in Federal District Court in Denver, the Take Back America Foundation in Fort Collins, Colo., engaged in tax fraud by selling several thousand Americans packages that the foundation said allowed them to renounce their citizenship, stay in the United States and then restore their citizenship in a way that freed them from owing income, Social Security and Medicare taxes.
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"First, the physical nexus requirement results in a loss of crucial revenue from owed taxes that State and local governments depend on to fund basic government functions," the brief says.
He always seemed to be getting fired from jobs, owing to his congenital messiness.
Second, America currently bans any bovine imports for breeding purposes from Canada, owing to worries about mad cow disease.
The figure for August was revised from 6.9% to 7.4%, owing to changes to the way Germany's jobless are counted.
Winston Churchill favored pink underwear made from silk, owing to what he reportedly described as his "very delicate and sensitive cuticle".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com