Tag Archives: debt

Keep the rabble complacent until it’s too late

Since the government is going to print money to make up for where they spend more than they can collect and borrow, ANYWAY. And since we are on track for hyperinflation and currency collapse, ANYWAY. And since no one in … Continue reading

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No wonder Burnanke wants to leave

The Treasury Department doesn’t include obligations for Medicare, Social Security, Medicaid, and federal and state pensions when they are calculating the federal debt.  Which is good, because THAT number is already at $86.8 trillion and expected to rise to $220 … Continue reading

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Where are we REALLY?

Total family income for the year $21,700 Amount spent by the  family last year $38,200 Last year’s outstanding credit card balance $142,710 Additional credit card charges for this year $16,500 Total planned decrease in the family spending budget this year … Continue reading

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$ 5 trillion in debt

Presbo built that.

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Nobody does it better

In the past 3 1/2 years, the country has had a net loss of 316,000 jobs.  This while Presbo has spent over $5 trillion dollars, a major contribution to our overall current federal debt of $16 trillion. So while Presbo … Continue reading

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Not the end, but you can see it from my house

Currently, we are taking in about $2 trillion a year in tax dollars.  We have a net federal debt of about $16 trillion. And we are spending $1.3 trillion dollars more a year than are being collected, which has to … Continue reading

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An Economic Lightweight

David Axelrod, spokesman, PR flack, chief cook and water carrier for Presbo, noted that Mitt Romney was describing himself as an economic heavyweight in his campaign. Mr. Axelrod said that Mitt is far from an economic heavyweight because under his … Continue reading

Posted in constitutional, economy, election, Obama, Obamacare, socialism | Tagged , , , , , | 6 Comments