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
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
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
$ 5 trillion in debt
Presbo built that.
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
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
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
Food Stamps for Everyone
Not to rest on the laurels of having 46 million people in the US now on and presumably needing food stamps, the US government has now decided to ship 240,000 tons of food to the Republic of North Korea. Which should find … Continue reading
Not feeling stimulated here
846 billion dollars. Per the White House website, they claim a resulting 3 million jobs. If you do the math, 846 billion divided by 3, carry the million, comes out to $282,000 per job created. And most of those only … Continue reading
Our chains are forged!
California will officially run out of money in March. But California has been printing its own fiat currency, as expressly forbidden by the Constitution, for some time now. As opposed to minting coins in precious metals, that IS allowed by … Continue reading
delendam 