The Real National Debt
Per most recent available data.
Total Federal Burden
$56,400,000,000,000
Your Share
$187,300
The State of the Union's Finances (PDF)
I.O.U.S.A. The Movie (30 min version)
I bet a lot of this Bailout money is going toward our Minimum Monthly payment.
What is the Minimum monthly payment on $10 trillion?
How about some foresting...Naw...Let it burn...
How about getting rid of some of the extravagant pensions afforded government workers. Naw...They'll do loess work than they do now...
How about Congress paying SS...like the rest of us. Naw...
Let’s see how much more damage Paulson can do in the next 12 days. Our only hope is that he’s busy getting his tax free $500 MM off shore and too busy with that task to wield any more weapons at the necks of Congress.
I loved this quote from the Hankster:
“Under Paulson’s proposal, Congress would replace Fannie and Freddie with one or two private sector entities that would purchase and securitize mortgages with a credit guarantee backed by the federal government. The new companies would be privately owned but governed by a rate-setting commission that would establish a targeted rate of return, he said.”
Flaming assclown. WTH does he think FNM and FRE were before?
The U.S. Government's version of "Screw 'em, I'm selling what I got, changing my name, and hiding out. You'll never see a dime of it." is well underway.
This just isn’t fair. I mean Obama should be allowed to spend his fair share. /s
The leftists plan to purchase the United States. Or rather, to simply take it over with taxpayer money, of course. And republicans are complicit—right up to their RINO eyeballs.
They have no intention of paying it off.
Ever.
What they are doing, and have been doing, is monitizing the debt.
The "hidden" tax of inflation has been killing us silently for years.