Total US Debt Rises Over $18 Trillion; Up 70% Under Barack Obama - zerohedge.com
Excerpt from this article:
"Last week, total US debt was a meager $17,963,753,617,957.26. Two
days later, as updated today, on Black Friday, total outstanding US
public debt just hit a new historic level which probably would be better
associated with a red color: as of the last work day of November, total
US public debt just surpassed $18 trillion for the first time, or $18,005,549,328,561.45 to be precise, of which debt held by the public rose to $12,922,681,725,432.94, an increase of $32 billion in one day.
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Mark Levin once said:
"You should view these politicians with the deepest contempt you can possibly imagine. What
they are doing to this country, what they are doing to our finances -
there is not a criminal in any federal prison, state prison, city or
county jail with respect to financial crimes of any sort who
collectively could have done the kind of damage that Barack Obama and
Harry Reid and Nancy Pelosi and yes, willing, timid, gutless Republicans
have done to this country! To your future, to your children and your
grandchildren. What they are doing is with malice and with forethought."
(emphasis mine) (source)
Someone once wrote:
"A democracy cannot exist as a
permanent form of government. It can only exist until the majority
discover it can vote itself largess out of the public treasury. After
that, the majority always votes for the candidate promising the most
benefits with the result the democracy collapses because of the loose
fiscal policy ensuing, always to be followed by a dictatorship and then
a monarchy." (Source)
Recommended [Black Friday] reading:
Senator McConnell: "Our Goal Is To Fund The Government"
Nancy Pelosi: I'm All for Balancing the Budget...in a Few Decades!"
The $17 Trillion Dollar Party
University of California Study: National Debt Really $70 Trillion
Explaining the Obama Economy to 6th Graders
If Your Outgo Exceeds Your Income Your Upkeep Will Be Your Down Fall
Recommended sermon:
When Government Tries to Be God, by Dr. David P. Murray
