$16,OOO,OOO,OOO,OOOBAMA!

zerohedge.com ^ | August. 28, 2012 | Tyler Durden

[Free ThinkerNY]

November 16, 2011 was a historic date: that's when the US officially surpassed $15 trillion in debt for the first time since World War 2.

We celebrated it by cheering $15,OOO,OOO,OOO,OOOBAMA.

Today, August 28, 2012, is when we can unofficially celebrate again, because 286 days after the last major milestone was surpassed with disturbing ease, total US debt following today's $35 billion auction of 2 Year bonds is, well, in a word: $16,OOO,OOO,OOO,OOOBAMA!

[Doogle]

congrats

[cripplecreek]

He who’s name must not be spoken.

[moonshot925]

Not yet.

The national debt was 15,978,918,589,911.74 as of 28 August 2012.

http://www.treasurydirect.gov/NP/BPDLogin?application=np

[TomGuy]

Maybe Ryan will get that message and use it in his speech tonight.

[Never on my watch]

...that's when the US officially surpassed $15 trillion in debt for the first time since World War 2.

We were $16 Trillion in debt in WW2?

[Never on my watch]

We were $16$15 Trillion in debt in WW2?

oops

[napscoordinator]

They wanted it to happen when Romney was speaking. I wonder how this will affect his speech.

[PGalt]

GRRRRRRRREAT post!

Socialism Is Legal Plunder - “The Law”; Frederic Bastiat 1801-1850

BIG GOVERNMENT IS CRONY SOCIALISM

“Above all, if you wish to be strong, begin by rooting out every particle of socialism that may have crept into your legislation. This will be no light task.” - “The Law”; Frederic Bastiat 1801-1850

DEFUND socialist collectives foreign and domestic. DISMANTLE domestic socialist programs. DEPOPULATE socialists from the body politic.

live - free - republic

[fella]

When talking about the debt we should replace the word trillion with Obama. That would put our national debt at 16 Obamas.

By the way, does anyone have an idea as to how many 52 foot trailers it would take to hold 1 trillion dollars in hundred dollar bills? ( don't forget the DOT weight restrictions) Just as a visual aid.

[moonshot925]

Nope. I think that is a mistake.

The national debt was $258.7 billion at the end of June 1945.

http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo3.htm

[PGalt]

Thanks to Tyler Durden and the great posters at zerohedge. Music to read this thread by recommended by zerohedge poster “Manthong”.

http://www.youtube.com/watch?v=N_5kv8QeBBc

[cripplecreek]

That would put our national debt at 16 Obamas.

LOL Reminds me of a "healthy" girl who inspired me to come up with a new weight measure I called the "Jen".

[TwelveOfTwenty]

That would put our national debt at 16 Obamas.

I like it, and I hope it catches on. We may have to spell it out for a while (1 Obama = 1 trillion dollars) until everyone gets it.

[jy8z]

Maybe this will help with a visual.

[fella]

Now how much does one of those $100 million pallets weigh? Then divide 80,000 pounds by that and we have one trailer load. From the looks of it would take most of Wal-Mart’s fleet to haul 1 Obama.

[cableguymn]

The only problem with using "Obamas" as a measure of value is one "Obama" has absolutely no value. So 16 trillion of them would still not even put a dent in the 16 trillion dollars owed. So the proper amount of Obamas to cover the nations on the book debt is ∞ Obamas.

[cableguymn]

Nope. a tractor trailer can weight 80K gross. you have to factor the weight of the truck. 40K a truck is a safer bet.

[fella]

So we’ll need all of Wal-Marts trucks plus H.B. Hunts.