Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

The National Debt
10/6/15 | Originalbuckeye

Posted on 10/06/2015 3:30:44 PM PDT by originalbuckeye

On July 7, 2015, at 9:07AM(PDT) I recorded the National Debt (from the US National Debt Clock) at $18,321,893,100,000.00 (Approx., as it goes up so fast it is difficult to get a completely accurate number). Right now, as I write this, the Clock says (approx.)$18,398,400,100,000.00.


TOPICS: Business/Economy; Miscellaneous; Society
KEYWORDS: debt; deficit
Obama keep saying we are bringing down our debt.....or is it deficit? We are bringing down NEITHER! We may be lessening our monthly deficit, from month to month, but our cumulative debt is exploding. And the way it is rising, I have my doubts the National Debt Clock is even accurate now. When will SOMEBODY point this out nationally?? Now would be a good time, with all the Admin officials saying we must AGAIN raise the Debt ceiling. (I know I am being rhetorical, but when will somebody come to their senses and turn off the spigot??)
1 posted on 10/06/2015 3:30:44 PM PDT by originalbuckeye
[ Post Reply | Private Reply | View Replies]

To: originalbuckeye

We spent MILLIONS training a handful of free Syrian Army dudes only for them to abandon their weapons and flee? Tell me 0dunga isn’t throwing away money with the end game of ‘Cloward & Pivening’ America.


2 posted on 10/06/2015 3:32:41 PM PDT by Obama_Is_Sabotaging_America
[ Post Reply | Private Reply | To 1 | View Replies]

To: originalbuckeye

http://www.usdebtclock.org/


3 posted on 10/06/2015 3:33:30 PM PDT by originalbuckeye ("In a time of universal deceit, telling the truth is a revolutionary act." - George Orwell)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Obama_Is_Sabotaging_America

When will someone with a loud profile (like Trump) SPEAK UP???


4 posted on 10/06/2015 3:34:11 PM PDT by originalbuckeye ("In a time of universal deceit, telling the truth is a revolutionary act." - George Orwell)
[ Post Reply | Private Reply | To 2 | View Replies]

To: originalbuckeye

Obama and Jack Lew have had to resort to fudging the “official” National Debt numbers for the last seven and a half months because of the debt ceiling backstabbing shenanigans orchestrated by the likes of Boehner and McConnell.

When we get stabbed in the back again and the ceiling is inevitably raised again later this year, the official number is going to increase hundreds of billions of dollars literally overnight.


5 posted on 10/06/2015 3:39:14 PM PDT by jpl ("You cannot defeat an enemy you do not admit exists." - Lt. General Michael Flynn)
[ Post Reply | Private Reply | To 1 | View Replies]

To: originalbuckeye

It’s a sin to burden unborn children with debt.

This country has jumped the shark unfortunately.


6 posted on 10/06/2015 3:39:41 PM PDT by bicyclerepair (Ft. Lauderdale FL (zombie land). TERM LIMITS ... TERM LIMITS)
[ Post Reply | Private Reply | To 4 | View Replies]

To: originalbuckeye

On Brett’s show Trump was VERY adamant about cutting costs. Made a big deal of it, really. Specifically discussed this problem.


7 posted on 10/06/2015 3:42:12 PM PDT by Obama_Is_Sabotaging_America
[ Post Reply | Private Reply | To 4 | View Replies]

To: originalbuckeye

As a European, could someone please explain to me how the heck you get a National Debt this MASSIVE?

Why when it was say $8 trillion, didn’t a grown-up prevent it from getting higher? It’s like you have no fiscal restraint, this is just terrible economics....balanced budgets are good things you know.

It’s definitely a double WTF?


8 posted on 10/06/2015 3:43:36 PM PDT by Lucy Hamilton (Lucy from Occupied Europa)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bicyclerepair
This country has jumped the shark unfortunately.

If a Republican-led House and Senate won't prevent money being sent to an outfit that dissects live babies and won't defund a rogue agency that audits conservatives, how could we ever hope for them to cut spending anywhere else?

Jumped the shark while doing triple somersaults.
9 posted on 10/06/2015 3:45:13 PM PDT by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Obama_Is_Sabotaging_America

When it hit 8 trillion under w bush Obama said it was UNamerican to do that. In 6 years he’s more than doubled the total, not what it went up under bush, but the total since the beginning of the country. What does that make him.


10 posted on 10/06/2015 3:52:48 PM PDT by g.orwell
[ Post Reply | Private Reply | To 2 | View Replies]

To: Lucy Hamilton

Along with many others, Lucy, I have been screaming my damned head off about it for the ten years I’ve haunted this board, posting the debt clock, like Paul Revere warning that this was as dire as (your) Redcoats on their way to seize our ball and powder, with the difference being that we were doing it to ourselves.

With the exceptions of, again, myself and a few others, this hair-raising practice has `snowballed’ with “Diamond Jim” Obama bankrolling the last seven years to the K-2 mountain of debt that we have today.
We have been shocked year-after-year to have other conservatives calm us down by (practically) saying,
“Just lay back and think of England ... “. No problemo.

A supreme irony is ... in fact we probably don’t deserve to remain as the world’s currency reserve any longer due to this fecklessness, but the ability to print money as fast as we can is the only thing keeping our heads above water, and the Chinese, and so forth and so on, the US being the layer on the very bottom of this precarious monetary house of cards.
It’s a Ponzi scheme, a shell game ... or something like the man driving & speeding on a one-lane mountain road with `hair-pin’ turns assuring his fellow passengers,
“Just do what I do if it all gets to be too much for you—close your eyes.”

Cloward-Piven, Keynes’ “We’ll all be dead anyway”, deficit spending, adjustments—call it what you like—it’s not conservatism. We’re being driven to the precipice like cattle.
You can go to your room, stick your head under a pillow and scream as loud as you want now. It’s OK>


11 posted on 10/06/2015 4:07:04 PM PDT by tumblindice (America's founding fathers: all armed conservatives.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: tumblindice

“A supreme irony is ... in fact we probably don’t deserve to remain as the world’s currency reserve any longer due to this fecklessness, but the ability to print money as fast as we can is the only thing keeping our heads above water, and the Chinese, and so forth and so on, the US being the layer on the very bottom of this precarious monetary house of cards.
It’s a Ponzi scheme, a shell game ... or something like the man driving & speeding on a one-lane mountain road with `hair-pin’ turns assuring his fellow passengers,
“Just do what I do if it all gets to be too much for you—close your eyes.”

I mentioned this in another thread last night. The reserve currency, the QE, the Ponzi scheme.

Your economy is being manipulated and it’s all a deception and your largest creditors know it is. I think it’s inevitable that a point will come, maybe soon, where the creditors just refuse to loan any more money and they might even take $1 trillion of the debt they already own and dump it on the open market, which would make the 1929 crash seem like childsplay. Not only would the economy come crashing down, but the Dollar would meltdown, no more reserve currency therefore.

You just know this is being planned.

When it happens, the Federal Reserve won’t be able to prevent it or fix it, the QE Monopoly money isn’t real, that’s not going to stop the Titanic from sinking.


12 posted on 10/06/2015 4:19:09 PM PDT by Lucy Hamilton (Lucy from Occupied Europa)
[ Post Reply | Private Reply | To 11 | View Replies]

To: originalbuckeye

The REAL debt is estimated to be 150 trillion.


13 posted on 10/06/2015 4:24:30 PM PDT by ex91B10 (We've tried the Soap Box,the Ballot Box and the Jury Box; ONE BOX LEFT!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bicyclerepair

Sin!? It’s wholly unconstitutional as well: indentured servitude/slavery....let alone all the ‘programs/etc.’ that aren’t authorized.


14 posted on 10/06/2015 4:42:15 PM PDT by i_robot73 ("A man chooses. A slave obeys." - Andrew Ryan)
[ Post Reply | Private Reply | To 6 | View Replies]

To: g.orwell

Now, if the Prez. was the one capable of divvying out the $$, you might have a point.

Unfort., we’ve had a do-nothing, feckless GOP that allowed Reid to pass CR’s left/right instead of budgets (individual bills), and continued the charade when they were swept into office to ‘take over’ (SSDD).

Going to blame someone, blame Congress. The Prez. only spends what he can (get away with).

Peeve of mine, sorry.


15 posted on 10/06/2015 4:51:47 PM PDT by i_robot73 ("A man chooses. A slave obeys." - Andrew Ryan)
[ Post Reply | Private Reply | To 10 | View Replies]

To: originalbuckeye

The only solution is to arm yourself to the teeth, stop paying taxes, make peace with your maker, and prepare to depart this mortal coil in a hailstorm of taxpayer-bought bullets. Hopefully you can reduce the annual federal spending a few hundred thousand Dollars in annual payroll costs first.


16 posted on 10/06/2015 6:31:13 PM PDT by Rodamala
[ Post Reply | Private Reply | To 1 | View Replies]

To: i_robot73

Now, if the Prez. was the one capable of divvying out the $$, you might have a point.
............................................................
Yes I agree reid was able to push it through, but the order came from Omama.


17 posted on 10/06/2015 7:10:49 PM PDT by g.orwell
[ Post Reply | Private Reply | To 15 | View Replies]

To: g.orwell

Yes, there was collusion, but it would have been (much?) harder if there were yapping at the heels. Instead all there were were crickets.

Drunk & Scrotum have done far more harm that the Dems could do by THEMSELVES


18 posted on 10/07/2015 6:07:46 AM PDT by i_robot73 ("A man chooses. A slave obeys." - Andrew Ryan)
[ Post Reply | Private Reply | To 17 | View Replies]

To: Lucy Hamilton
As a European, could someone please explain to me how the heck you get a National Debt this MASSIVE?

There are countries in Europe that have an even higher debt-to-GDP ratio than the United States does! It's terrible what we in the west are doing to ourselves.

19 posted on 10/07/2015 6:29:11 AM PDT by jpl ("You cannot defeat an enemy you do not admit exists." - Lt. General Michael Flynn)
[ Post Reply | Private Reply | To 8 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson