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Old 12-16-2009
Secretary of Defense

 
Member Since: Jun 2009
Location: St Louis
Posts: 2,774

   
Amateur hour continues…

Quote:
The latest calculation of the National Debt as posted by the Treasury Department has - at least numerically - exceeded the statutory Debt Limit approved by Congress last February as part of the Recovery Act stimulus bill.

The ceiling was set at $12.104 trillion dollars. The latest posting by Treasury shows the National Debt at nearly $12.135 trillion.
From here

Now I’ll agree… this is likely no ‘big’ deal… and something that likely could be fixed with a minimum of muss and fuss… but still… why is this an issue in the first place? We are we reading about it?


The Democrats REALLY don’t know what they are doing, do they?

Amateur hour continues… God help us… God help us all…
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  #2 (permalink)  
Old 12-16-2009
Imperator's Avatar
Moderator
Audiatur et altera pars!

 
Member Since: Sep 2006
Location: San Jose, Ca
Posts: 25,738

United_States    
Re: Amateur hour continues…

the house just passed another 174 Billion 'jobs' bill, 30 billion to pay teachers salaries, another 35 billion for highways etc. ? uhm what?

The senate will whip it through, no sweat, so there goes the return of the tarp money.....which was printed money to boot, oh wait borrowed, sorry.

So in effect the stimulus bills totals= 70 billion short of a Trillion dollars, that’s 1 Trillion. In 9 months.
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"The captain has turned off the `No Dubbing' sign. You are free to speak any language you choose."

Bis interimitur qui suis armis perit...
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Old 12-16-2009
daddio's Avatar
Vice President

 
Member Since: Jun 2008
Location: the south
Posts: 9,784

United_States     Virginia

Re: Amateur hour continues…

another stimulus that stimulates nothing. and nobody is bothering to balance the checkbook even.

it gets more pathetic by the day.
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Socialism doesn't create a rising tide that lifts all boats. It drains the lake and teaches the boat riders not to help themselves by rowing.

Jesus loves you, allah wants you dead

"Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others."

Ayn Rand
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Old 12-16-2009
Concerned Citizen
A. Looney

 
Member Since: Dec 2009
Location: south Texas
Posts: 55

Armenia     Texas

Re: Amateur hour continues…

It makes you wonder when it will finally just collapse around us ...

There's no going back, once we've sold everything we own. Sooner or later, the new owners are going to want their stuff.

And at this point? "Their Stuff" consists of every material object in this country, any and all of our resources, along our very work/lives AND children.
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Yahp, you read it right. Arielle Looney. Go ahead and laugh it up -- my folks [supposedly] had an EPIC sense of humor.
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Old 12-16-2009
daddio's Avatar
Vice President

 
Member Since: Jun 2008
Location: the south
Posts: 9,784

United_States     Virginia

Re: Amateur hour continues…

Quote:
Originally Posted by arielle.loon View Post
It makes you wonder when it will finally just collapse around us ...

There's no going back, once we've sold everything we own. Sooner or later, the new owners are going to want their stuff.

And at this point? "Their Stuff" consists of every material object in this country, any and all of our resources, along our very work/lives AND children.

I dont care what they say, I'm KEEPING my guitars !
__________________
Socialism doesn't create a rising tide that lifts all boats. It drains the lake and teaches the boat riders not to help themselves by rowing.

Jesus loves you, allah wants you dead

"Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others."

Ayn Rand
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