"There are just 52 days until the United States government runs out of money. Maybe. Even the secretary of the Treasury isn’t quite sure. One thing is certain: With the passing of August, the official accounting of the U.S. debt has remained stuck at exactly $16,699,396,000,000 for another month – and, as of Wednesday, 109 days in a row. The debt has been frozen at that amount because of an accounting trick Treasury Secretary Jack Lew calls 'extraordinary measures.' Those measures have prevented the government from defaulting on its obligations and allowed it to keep borrowing for 108 days, while keeping the official debt just $25 million below the legal debt limit set by Congress of $16,699,421,000,000."
As the sign says, "Nice performance, but we're not that stupid!" Here, I will fix the National Debt Clock for you, Mr. President:
National Debt Clock
Recommended reading (my posts):
University of California Study: National Debt is Really $70 Trillion
Obama Calls Republicans "Deadbeats" For Opposing Increase in Debt Limit
"Let Every Writer Tell His Own Lies - That's Freedom of the Press" - Normal Mailer
Recommended gospel sermon and hymns:
When Government Tries to Be God, by Dr. David P. Murray
Please Search the Book Again, Mckenzie George & Bruce Willey
How Deep the Father's Love For Us, Sung by Joy Williams
