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    sonicbomb.com :: View topic - US Debt Clock

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    eyeball103
    Hood (74 kt)


    Joined: Feb 21, 2009
    Posts: 67
    Location: Sukhanovka

    PostPosted: Fri Apr 03, 2009 10:27 pm Reply with quote

    The debt clock for the US......As I was watching, in only one minute it increased $6 million.


    http://zfacts.com/p/461.html


    Debt as of 03 Apr 2009 at 10:26:31 PM GMT: $11,128,424,820,534.86
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    repinsymra
    Baker (23 kt)


    Joined: Apr 01, 2008
    Posts: 30
    Location: Ft Worth, Texas

    PostPosted: Sun Apr 05, 2009 3:19 am Reply with quote

    Does one even understand the size of that amount, that kind of debt has to be only on paper, and never to be repaid.
    At some point the taxpayers will revolt...its what our founding Fathers foresaw.
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    Graviton
    Yankee (13.5 mt)


    Joined: Sep 03, 2006
    Posts: 1548
    Location: USA

    PostPosted: Tue Apr 07, 2009 7:18 pm Reply with quote

    Obama is expected to double that debt in ten years, as well as double taxes. The source GAO (Government Accounting Office) is strictly non-partisan.

    The debt clock does NOT include the 3 trillion that has already gone out with the spendulus and the semi-private Fed's TARP (of Bush's last days).
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    Blake
    Tewa (5 mt)


    Joined: Jun 25, 2007
    Posts: 680
    Location: Florida

    PostPosted: Sat May 09, 2009 8:46 pm Reply with quote

    I don't think that takes into account social security. Factor that in, and 11T doesn't come close.
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    Graviton
    Yankee (13.5 mt)


    Joined: Sep 03, 2006
    Posts: 1548
    Location: USA

    PostPosted: Sun May 10, 2009 7:08 pm Reply with quote

    Blake wrote:
    I don't think that takes into account social security. Factor that in, and 11T doesn't come close.


    Bloated social systems are a giant Ponzi finance plan that are not sustainable by any means. Social Security is over $20 trillion itself in commitments through the baby boomer (1946-1965) retirements rapidly piling up.
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