Tag Archives: national debt

U.S. Debt Ceiling Now Officially Breached

Yeah, like now.  Already. ZeroHedge has the details in this article.  Here’s a glimpse: Why: because the total debt, as we predicted when we observed last week’s 30 Year auction, is now at $14,305,336,580,992.11. This is a problem because as … Continue reading

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National Debt is Killing Us!

Though Congress has failed to pass a budget for 2011, our President did offer a budget proposal February 1 of this year.  Have you seen it?  Have you seen the staggering admissions made in this document?  No? I didn’t think … Continue reading

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National Debt Clock Adds Another Trillion

A couple of nights ago, lots of nines turned to zeros as we moved to a full $13 Trillion ($13,000,000,000,000.00) in national debt.  You can keep tabs yourself at the National Debt Clock.  See the current debt per citizen, debt … Continue reading

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More Debt is Our Only Solution?

Have you noticed the tone of all the recent proposals from our most benevolent servants in Washington?  All of them propose solutions promoting more debt–both on a national and personal scale. Consider a condition of the Cash-for-Clunkers program from last … Continue reading

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State of the Union Speech

Did you see the President’s state of the union speech last night?  If not, you can read it here, courtesy of ABC News. I’m deeply disturbed that what appears to be so popular in this great nation is the forcible … Continue reading

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Hey, Buddy, Could You Spare $350,000 for a Guy?

Wow, with “change” like that, you could buy a nice house!  What’s the significance of that number?  Well, it’s the amount that you, your spouse, kids, and grand-kids owe to clear our national debt and cover our projected costs in … Continue reading

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