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eyeball103
Hood (74 kt)
Joined: Feb 21, 2009
Posts: 67
Location: Sukhanovka
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 Posted:
Fri Apr 03, 2009 10:27 pm |
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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
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| Posted:
Sun Apr 05, 2009 3:19 am |
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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
Mike (10.4 mt)
Joined: Sep 03, 2006
Posts: 1307
Location: USA
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| Posted:
Tue Apr 07, 2009 7:18 pm |
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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
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Sat May 09, 2009 8:46 pm |
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I don't think that takes into account social security. Factor that in, and 11T doesn't come close. |
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Graviton
Mike (10.4 mt)
Joined: Sep 03, 2006
Posts: 1307
Location: USA
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| Posted:
Sun May 10, 2009 7:08 pm |
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| 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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