[combat_boots]

Someone posted a graphic somewhere that the last actual budget surplus was in 1957. I had thought JFK spent the last piece. Your point about what will happen is well taken. Spending like this is criminal; it’s like DC is trying to get set to take the money and run.

IIRC, our actual total fiscal exposure is over $600T, $24T of that by the end of this year.

48% of 7-Yr Fed Notes were bought back after a few days recently. That’s a whirlpool if ever there was one.

Ticker guy & Peter Schiff are all over this.

He who controls the debt controls everything.

[ForGod'sSake]

Some awfully large numbers you're tossing around. Are you convinced they're accurate?

48% of 7-Yr Fed Notes were bought back after a few days recently. That’s a whirlpool if ever there was one.

Let me make sure I'm following. The federales essentially recalled 48% of an offering in the open market for lack of interest(no pun intended)? THAT is scary if true.