[Gabrial]

All these stories are a sideshow. The debt is the real threat.

The WSJ is running an article today on page A11 that says the CBO has just radically altered its long range budget projections in September, and this is being totally ignored by the media. Get this...

Before the most current projection, the CBO was saying the debt in public hands was supposed to slide down to 0 by the year 2070 based on a number of “assumptions”.

The “adjustment” the CBO just made to this fiction was that by 2076 the debt would be over 200% of GDP. I sh*t you not. From “0” to over 200% of GDP.

The question is no longer if the US will default, but rather on which of its spiraling liabilities it will default on.

This is the real news Obama is trying to cover up with the help of a compliant media.

[tapatio]

http://thelead.blogs.cnn.com/2013/10/07/after-bad-press-and-confusion-justice-department-restores-federal-amber-alert-website/

[Red in Blue PA]

All these stories are a sideshow. The debt is the real threat.

Indeed. The USA has more debt per capita than the failing Greece. Republicans need to shout this fact from the rooftops.