1 posted on
12/01/2011 2:15:46 PM PST by
tcrlaf
To: tcrlaf
USdebtclock.org also has US unfunded liabilities to GDP ratio of 775% now.
And projected to be 811% of GDP in 2015 at current rates of growth.
We are almost at the Statutory Debt Limit passed this summer. The Super Congress has failed. We are now bailing out Europe with US taxpayer dollars.
HOPEY-CHANGEY!!!!!
2 posted on
12/01/2011 2:18:18 PM PST by
tcrlaf
(Election 2012: THE RAPTURE OF THE DEMOCRATS)
To: tcrlaf
The Federal Reserve is now our Government. Its really up to them what the Gov’t spends, what interest rate it pays, and possibly to a large extent, what they spend money one.
3 posted on
12/01/2011 2:20:24 PM PST by
PGR88
To: tcrlaf
If interest even goes up by two percent, it’s going to get messy.
4 posted on
12/01/2011 2:20:51 PM PST by
Jonty30
(If a person won't learn under the best of times, than he must learn under the worst of times.)
To: tcrlaf
Crushing Debt!
6 posted on
12/01/2011 3:06:38 PM PST by
BobP
(The piss-stream media - Never to be watched again in my house)
To: tcrlaf
Our debt-to-GDP is higher than that. And Tyler, there’s no safety in the US dollar, and the US default process will be completed.
8 posted on
12/01/2011 3:32:36 PM PST by
familyop
("Don't worry, they'll row for a month before they figure out I'm fakin' it." --Deacon, "Waterworld")
To: tcrlaf
10 posted on
12/01/2011 10:13:54 PM PST by
spetznaz
(Nuclear-tipped Ballistic Missiles: The Ultimate Phallic Symbol)
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