US Debt Clock

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kelvin070

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do I really have to go pull out the numbers (again) that show that Obama has spent, or committed to spending, more in 10 months than Bush did on Iraq and Afghanistan combined? Good Lord.
OK, I have to agree with you on that.

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Source: Projected Deficit - washingtonpost.com
 

Accountable

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A more useful graph would show the actual lines for debt and GDP, and it would show more than 1 month of Obamanomics as well. Carter's line is interesting. I didn't expect that. It also appears that the Bush admin was getting a handle on things until their house of cards collapsed and the gov't decided to violate virtually every tenet of the free market system so that their sugar daddies could afford to pay themselves their bonuses.
 

BadBoy@TheWheel

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Well Timothy Geithner, he's no more credible than the rest of the folks who has had that seat, BUT under the headlines of change...You'd think...well that it would...change....
 
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BadBoy@TheWheel

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The scary thing is nobody thinks about this: Banks are capable of lending 10-30 times the value of capital, they create the paper to cover the debt, with no real hard backing. Doesn't anyone think it' possible that the wreck on Wall St. was created on purpose? Now they can take posessions from people VIA foreclosures and Bankruptcy, get more money from the government, and in the end, we have less than we started with. THAT's why stock is useless, it's worth what Wall St. says it's worth. They are making moves to forever cripple our economy. I mean do you really think with double digit un-employment the Dow should be over 10,000? I mean really :24:
 
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