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alaskaone
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Date Posted:05/26/2010 4:01 PMCopy HTML

AMERICA'S NATIONAL DEBT
TOPS $13,000,000,000,000;
DEBT PER TAXPAYER - $117,975;
US DEBT TO GDP RATIO - 90.3%


None of that includes unfunded liabilities, promises the federal government has made, in the form of social security, medicare and obamacare... among others, I'm sure.  Last figure I saw which included those was months ago; -$107,000,000,000,000.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #211
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/05/2010 3:24 PMCopy HTML

-    $13,148,806,000,000.00 national debt
-$109,409,564,000,000.00 in future unfunded liabilities.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #212
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/06/2010 3:35 PMCopy HTML

-   $13,153,186,000,000.00 national debt
-$109,420,727,000,000.00 in future unfunded liabilities.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #213
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/07/2010 4:58 PMCopy HTML

-   $13,157,776,000,000.00 national debt
-$109,435,576,000,000.00 in future unfunded liabilities.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #214
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/08/2010 4:25 PMCopy HTML

-   $13,162,008,000,000.00 national debt
-$109,449,269,000,000.00 in future unfunded liabilities.
-----------------------------------------------------------------------------------------
-$122,611,277,000,000.00

Explain that to your kids.  I dare you.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
codify Share to: Facebook Twitter MSN linkedin google yahoo #215
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/08/2010 4:29 PMCopy HTML

Hey Alaska!   Have you noticed on the right there are debt to GDP stats for countries and on the far left for states? For the countries you have to click "external" .

What a mess!
alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #216
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/08/2010 4:32 PMCopy HTML

Keynesian economics is like giardia... it has infested most of the western nations.  Japan is, by far, the worst off yet our 'leaders' think emulating them will solve the problem.  Hammering your thumb with a bigger hammer doesn't stop the pain, it just makes the pain worse.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #217
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/08/2010 4:37 PMCopy HTML

The nation's debt leapt $166 billion in a single day last week, the third-largest increase in U.S. history, and it comes at a time when Congress is balking over higher spending and debt has become a key policy battleground.

The one-day increase for June 30 totaled $165,931,038,264.30 - bigger than the entire annual deficit for fiscal year 2007 and larger than the $140 billion in savings the new health care bill will produce over its first 10 years. The figure works out to nearly $1,500 for every U.S. household, or more than 10 times the median daily household income.

cont....
USA marks 3rd-largest, single-day debt increase...

Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
Hayekian Share to: Facebook Twitter MSN linkedin google yahoo #218
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/08/2010 4:45 PMCopy HTML

It is interesting that some do not want to count Social Security and other trust fund debt in the total - apparently promises to pay future benefits aren't to be considered binding.
Comment: Part of the present problem in Washington is the lack of compromise. Response: It's always better for the bully when the bullied does not resist, isn't it?
alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #219
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/08/2010 5:04 PMCopy HTML

The US supreme court certainly thinks so, it has ruled twice that SS doesn't owe anyone, anything.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #220
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/09/2010 8:47 AMCopy HTML

-   $13,164,979,000,000.00 national debt
-$109,449,269,000,000.00 in future unfunded liabilities.
-----------------------------------------------------------------------------------------
-$122,614,248,000,000.00

Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
FactSmacker Share to: Facebook Twitter MSN linkedin google yahoo #221
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/09/2010 8:51 AMCopy HTML

I just had another grandson born on the 25th of June. He was born into debt through no fault of his parents or grandparents. Bastards!
alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #222
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/09/2010 8:58 AMCopy HTML

Taxation without representation.  We have become the enemy.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #223
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/10/2010 11:41 AMCopy HTML

-   $13,169,840,000,000.00 national debt
-$109,474,608,000,000.00 in future unfunded liabilities.
-----------------------------------------------------------------------------------------
-$122,644,448,000,000.00

Todays measurment of impending doom brought to you by congress!  Congress, where republicrats pander and party all the time.
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/11/2010 1:44 PMCopy HTML


Today is the 11th.  I found this on the second page.  What is it now, Alaska?

alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #225
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/11/2010 2:09 PMCopy HTML

-   $13,174,631,000,000.00 national debt
-$109,490,106,000,000.00 in future unfunded liabilities.
-----------------------------------------------------------------------------------------
-$122,664,737,000,000.00
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/11/2010 2:52 PMCopy HTML



Oh, god.  What can anyone say? 


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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/11/2010 3:03 PMCopy HTML

How about saying......

When "W" left office on January 20, 2009, the national debt was $10,626,877,048,913.08
The time is always right to do what is right.
Hayekian Share to: Facebook Twitter MSN linkedin google yahoo #228
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/11/2010 4:44 PMCopy HTML

... and it has increased by $2,500,000,000,000 in the 18 months Barack Obama has been President.

It took the incompetent spendthrift Bush 96 months to increase the debt by $4,900,000,000,000.  At the current rate of increase. President Barack Obama will match Bush's unprecedented debt increase in 36 months ... and if this fiscal irresponsibility continues to the 2013 inauguration, the public debt will have increased by $6,900,000,000,000 during President Obama's single term in office.
Comment: Part of the present problem in Washington is the lack of compromise. Response: It's always better for the bully when the bullied does not resist, isn't it?
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/11/2010 6:10 PMCopy HTML

The difference is that Obama is trying to stimulate the economy, W. was just spending....mainly on his buddies in the war profiteering area, drug companies and oh yeah, the oil industry.  Not to mention, all those supposedly economic stimulating tax cuts W. gave the rich......never stimulated anything but taking the rest of the jobs here overseas.  Now the only thing the US seems to produce is whiny assed tea party types.
The time is always right to do what is right.
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/11/2010 6:36 PMCopy HTML

Reply to Doe_Eyes (07/11/2010 11:10 AM)

The difference is that Obama is trying to stimulate the economy, W. was just spending....mainly on his buddies in the war profiteering area, drug companies and oh yeah, the oil industry.  Not to mention, all those supposedly economic stimulating tax cuts W. gave the rich......never stimulated anything but taking the rest of the jobs here overseas.  Now the only thing the US seems to produce is whiny assed tea party types.

BRAVO!!!! Obama spends for the benefit of the AMERICAN citizens who are hurting....Bush spent for his buds... and handed the ME billions.....quite a difference, huh?
We've all known people like Trump...and Trumpie - that creep you can never trust because they are always looking for an angle, a way to cheat people out of their money. A way to reneg on a contract, to not pay in full......they are con artists. Trump does this kind of thing because he believes that because he's very wealthy, the rules of decency do not apply to him and of course, he can threaten to sue anyone. When poor people act like Trump - well they do it because they are scammers. They have no ethics in business or in life.
Hayekian Share to: Facebook Twitter MSN linkedin google yahoo #231
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/12/2010 3:02 AMCopy HTML

Spending is spending - Obama's patrons are just as undeserving as Bush's patrons.  The debt bestowed on our descendants is as unjust as well.
Comment: Part of the present problem in Washington is the lack of compromise. Response: It's always better for the bully when the bullied does not resist, isn't it?
codify Share to: Facebook Twitter MSN linkedin google yahoo #232
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/12/2010 3:09 AMCopy HTML

The Obama cheerleaders are supporting those who are hurting. Hurting because they made bad decisions and now we are going to reward those bad decisions.  Go figure.

I guess its posh now to be an idiot so you can get rewarded for it by idiots in power.
alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #233
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/12/2010 6:28 AMCopy HTML

The difference is that Obama is trying to stimulate the economy

We hear that alot but is it actually true?  One way to acertain the validity of the comment is to look around and see where all that money went and who actually benefited.  From what I've heard, the stimulus monies went to corporations, state and local governments.  I recall someone doing the math and discovering every 'alleged' job created by 'stimulus' cost near a quarter million dollars each.

I think it safe to say the money borrowed was not a 'stimulus' or even a benefit for those it was taken from.

-      $13,177,580,000,000.00 national debt
-$109,499,643,000,000.00 in future unfunded liabilities.
-----------------------------------------------------------------------------------------
-$122,677,223,000,000.00
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #234
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/12/2010 6:55 AMCopy HTML

BOSTON -- The co-chairmen of President Obama's debt and deficit commission offered an ominous assessment of the nation's fiscal future here Sunday, calling current budgetary trends a cancer "that will destroy the country from within" unless checked by tough action in Washington.
http://www.washingtonpost.com/wp-dyn/content/article/2010/07/11/AR2010071101956_pf.html

Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/12/2010 7:04 AMCopy HTML

When the "Stimulus" money goes to politically chosen corporations and government jobs, it does not help the private sector, at all. It hurts. I guess they won't be happy until everybody either works for one level of government or another or is simply dependent upon one or more government programs. Cloward-Piven in action.
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/12/2010 7:50 AMCopy HTML

I wonder if, now that even obama's own appointees say disaster is looming, some folks round here will acknowledge there is a problem?
Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/12/2010 8:01 AMCopy HTML

LMAO! The true believers? Not a chance. No matter what happens, it will be blamed on Bush and the republicans. Obama could rape his daughters and they would claim that Bush did it. Or that Bush did it first, at very least.
alaskaone Share to: Facebook Twitter MSN linkedin google yahoo #238
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/13/2010 5:50 AMCopy HTML

-    $13,181,812,000,000.00 national debt
-$109,513,341,000,000.00 in future unfunded liabilities.
-----------------------------------------------------------------------------------------
-$122,695,153,000,000.00

Come to the Dark Side. We have cookies. The advantage of insinuations over hard arguments is that they bypass critical thought. No one can respond precisely to a charge that is utterly vague or to accusers who will envelope any reply in a poisonous fog of further insinuations. ~ David Warren, The Guardian There was a time when there was enough freedom that it hardly mattered which brand of crooks ran government. That has not been true for a long time and that captures an important point. The more powerful the government becomes, the more people are willing to do in order to seize the prize, and the more afraid they become when someone else has control. ~ Glenn Harlan Reynolds “The urge to save humanity is almost always only a false-face for the urge to rule it. Power is what all messiahs really seek: not the chance to serve.” ― H.L. Mencken
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Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/13/2010 6:04 AMCopy HTML

When the "Stimulus" money goes to politically chosen corporations and government jobs, it does not help the private sector, at all. It hurts.

Providing $288 billion in tax cuts and benefits for millions of working families and businesses

  • Increasing federal funds for education and health care as well as entitlement programs (such as extending unemployment benefits) by $224 billion
  • Making $275 billion available for federal contracts, grants and loans
  • Requiring recipients of Recovery funds to report quarterly on how they are using the money.  All the data is posted on Recovery.gov  so the public can track the Recovery funds.

In addition to offering financial aid directly to local school districts, expanding the Child Tax Credit, and underwriting a process to computerize health records to reduce medical errors and save on health care costs, the Recovery Act is targeted at infrastructure development and enhancement. For instance, the Act plans investment in the domestic renewable energy industry and the weatherizing of 75 percent of federal buildings as well as more than one million private homes around the country.

Construction and repair of roads and bridges as well as scientific research and the expansion of broadband and wireless service are also included among the many projects that the Recovery Act will fund.

While many of Recovery Act projects are focused more immediately on jumpstarting the economy, others, especially those involving infrastructure improvements, are expected to contribute to economic growth for many years.
http://www.recovery.gov/About/Pages/The_Act.aspx

How does 288 billion in tax cuts for citizens and businesses hurt?  How is funding highway and infrastructure repairs hurting?  These contracts are going to private businesses. 

The time is always right to do what is right.
Doe_Eyes Share to: Facebook Twitter MSN linkedin google yahoo #240
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  • Register:03/19/2009 4:12 AM

Re:-$124 trillion in debt/liabilities and growing fast

Date Posted:07/13/2010 6:05 AMCopy HTML

When "W" left office on January 20, 2009, the national debt was $10,626,877,048,913.08
The time is always right to do what is right.
You'll never get out of this world alive
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