Debt Up $6.666 Trillion Under Obama -
cnsnews.com
"When President Obama was first
inaugurated on Jan. 20, 2009, the debt of the U.S. government was
$10,626,877,048,913.08, according to the Treasury
Department’s Bureau of the Public Debt. As of Jan. 31, 2014,
the latest day reported, the debt was $17,293,019,654,983.61—an
increase of $6,666,142,606,070.53 since Obama’s first inauguration."
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I can imagine at least 3 different ways a person might react to reading this headline. The first - a liberal (of whatever party!), might shrug their shoulders and say, 'So what?" (See:
The Big Lie: Lunch (and Debt!) Are Free!). Then there are the "Fox News Conservatives" who might jump up and down and shout and holler that the left's out of control spending is ruining our country (See:
Outrageous Government Spending). And then there are the "conspiracy theory people" -like me - who believe this is all going according to plan. A plan that goes back over 100 years when the
Federal Reserve was created to destroy America (See my post:
A Sixty Second Seminar on Conspiracy Theory).
But regardless of which view is correct, one thing is certain. No country can continue to go into debt at the rate of $1 trillion a year an survive. Here is a short excerpt from an article that I think every American should take to heart:
"You
know...if I had to borrow 40% of the money I need to pay my bills every
month, I’d be fairly alarmed. When you come up a few bucks short at the
end of the month for necessary bills, you can cut back: get rid of the
cell phone, stop eating out, whatever. But when your monthly nut is
routinely running to almost twice what you can pay, you're kind of out of
options. It's probably time to reexamine your resistance to sleeping
outdoors and pooping outdoors and...well, doing everything else
outdoors, because outdoors is where you're going to be living before
long." from
DOOM: Naked came I into the world, and naked shall I leave it:
Recommended reading:
33 Conspiracy Theories That Turned Out to Be True -
lewrockwell.com
How Many People Read the 1,582 Page $1.1 Trillion Spending Bill? Congressman: Nobody Did! -
cnsnews.com
Treasury Forced to Issue $1 Trillion in New Debt the First 6 Weeks of Fiscal Year 2014 -
cnsnews.com
Mission "Raise the Debt Limit" Accomplished: See You All Again in February! -
zerohedge.com
Explaining the Obama's Economy to 6th Graders - TheBlaze.com
When
President Obama was first inaugurated on Jan. 20, 2009, the debt of the
U.S. government was $10,626,877,048,913.08, according to the
Treasury Department’s Bureau of the Public Debt.
As of Jan. 31, 2014, the latest day reported, the debt was
$17,293,019,654,983.61—an increase of $6,666,142,606,070.53 since
Obama’s first inauguration. - See more at:
http://cnsnews.com/news/article/ali-meyer/debt-6666-trillion-under-obama#sthash.CQOUuAuK.dpuf
When
President Obama was first inaugurated on Jan. 20, 2009, the debt of the
U.S. government was $10,626,877,048,913.08, according to the
Treasury Department’s Bureau of the Public Debt.
As of Jan. 31, 2014, the latest day reported, the debt was
$17,293,019,654,983.61—an increase of $6,666,142,606,070.53 since
Obama’s first inauguration. - See more at:
http://cnsnews.com/news/article/ali-meyer/debt-6666-trillion-under-obama#sthash.CQOUuAuK.dpuf
