[Myrddin]

A hundred billion dollars in ‘stimulus’, plus or minus. And not a word from anyone on how to pay for it.

The fed will just ramp up the printing presses. More "funny money" that grows more worthless each day.

Glenn Beck had a government accountant explain the current state of the real debt. It amounts to $448,000 for every living person in the United States. We're not going to tax out way out, or spend out way out or grow our way out. A financial tsunami is coming and there isn't much any of us can do about it. Prepare as best you can for some lean time with worthless currency.

[Gondring]

Glenn Beck had a government accountant explain the current state of the real debt. It amounts to $448,000 for every living person in the United States.

That almost makes the $10,000 per family for the Iraq war seem like peanuts!

[Nathan Zachary]

"It amounts to $448,000 for every living person in the United States. We're not going to tax out way out, or spend out way out or grow our way out. A financial tsunami is coming and there isn't much any of us can do about it. Prepare as best you can for"

It works out to about $38,000. For every person, not 448,000. And I've already paid my share of it this year alone, (and your share too. All in all, our national debt isn't really that bad when you take into account what our GNP is.

What IS bad about our national debt is how it's being managed. It's being added to year after year instead of being paid down. When it reaches about 12% of out GNP (currently it's about 8%) then you can say we are in bad shape.

Don't worry, the rest of the world's economy will have gone around the bend in the toilet before ours will, so all that "finacial tsunami" will do is level the field, with the imaginary wealth of the "world bank" resetting everyones bank balance.

[DuncanWaring]

It amounts to $448,000 for every living person in the United States.

I thought it was $448,000 per household.

[Texas Songwriter]

In a few weeks it will be revealed that there will be no insurance for municipal bonds to fund municipal projects. When that happens the Dow will drop fast until trading is stopped. The next morning the same thing will happen. The over-the-counter derivitive dominoes just began to fall and there is nothing that will stop it.The only other way to fund projects is through direct taxation. Who will buy bonds? Who would have the hubris to try to sell bonds? Hell, California was downgraded a few weeks ago, and the rating agencies last week said if the Federal Government doesn't shape up treasury bonds will loose AAA rating.

$800.00 is a heroin fix for and addict. That will last about 2 days. That leadership in this country would offer this as a remedy is insulting to the citizen and completely without efficacy. It is a sad joke. As Cramer says, their bookkeeping may just as well have been written by Mark Twain, it is fiction and the markets just found out about it on thursday and friday.

[Toddsterpatriot]

The fed will just ramp up the printing presses.

You think the money you would get is just printed? Wrong. It will be borrowed.

Glenn Beck had a government accountant explain the current state of the real debt. It amounts to $448,000 for every living person in the United States.

Bullshit. At best, only half the equation.