[Talisker]

When President Barack Obama was inaugurated on Jan. 20, 2009, the federal government’s debt held by the public was $6,307,310,739,681.66. Since then, it has increased by $7,705,599,169,854.87—or 122 percent.

Bears repeating, I think. Obama more than doubled the debt, by more than:

Seven.

Trillion.

Dollars.

[Bullish]

Obama spent most of it on his vacations.

[rollo tomasi]

Reserve currency + major monetary assets owned by the government + majority of debt owed to the Feds/US banks + able to pay interest + a military that is capable of defending the country = nothing to worry about........yet.

Spending and borrowing (Republicans need to get off that addiction) needs to go down as well as constant economic growth rates over at least 2.5% (Low balling that however, probably larger) and higher interests rates at times. I am not sure all three of those (Especially spending) will happen though. Maintaining the market is paramount now due to being tied to retirement for many citizens. The US is boxed in, but there is still time to climb out and prosper.

[Chgogal]

NSA was hacked yesterday. What exactly is there to show for the added $10 TRILLIONS in National Debt?

[VRWC For Truth]

Shoulda picked the cotton ourselves ...

[Recompennation]

It’s only play money, fake debt. Annnd us tax payers did not get any of it, ‘dou’. It is fauxcollateralized by all the free stuff out there floating around that won’t be worth a crap sooner rather than later.Tearing up an anvil in a sand pile will getem some more, repeating the process. Idiocracy. Watch out for yourself out on the highway driving, it’s dangerous.

[justa-hairyape]

We’re number one ! Wooohoooo

[justa-hairyape]

We’re number one ! Wooohoooo