Green Energy
With a hat tip to Rational Nation USA:
Fact check (dated October 5, 2011):
- "how Would You Feel If You Knew That Almost All Of The Money You Pay In Personal Income Tax Went To Pay Just One Bill, The Interest On The Debt?”
CNBC TodayChances are, you and millions of Americans would find that completely unacceptable and indeed they should.But that is where we may be heading.Thanks to the Fed, the interest rate paid on our national debt is at an historic low of 2.4 percent,...
- Hooray For America! We Suck The Least!
Despite everything, it’s the USA, the american people as expressed by US Treasury NotesForeign holdings of US debt hit record highForeign holdings of US debt hit record high; China ups holdings after 2 declinesForeign demand for U.S. Treasury...
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THROW. THEM. ALL. OUT. CNSNews: Spending Bills Passed by GOP House Increased Debt $1T in 10 Months By Terence P. Jeffrey (CNSNews.com) - Federal spending bills approved by the Republican-controlled House of Representatives have increased the national...
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Fed Passes China as Top Owner of U.S. Debt From Will at The Other News: In the period since the Federal Reserve announced in November that it intended to buy $600 billion in U.S. government debt by the end of this June, the Fed has surpassed mainland...
- China Has Divested 97 Percent Of Its Holdings In U.s. Treasury Bills
From CNS: China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to $5.69 billion in March 2011, the most recent month...
Green Energy
The Obama Presidency By The Numbers
With a hat tip to Rational Nation USA:
Fact check (dated October 5, 2011):
The Obama administration passed another fiscal milestone this week, according to new data released by the Treasury Department. As of the close of business on Oct. 3, the total national debt was $14,837,099,271,196.71—up about $44.8 billion from Sept. 30.What is the road out of this mess?
...[I]n the less-than-three-years Obama has been in office, the federal debt has increased by $4.212 trillion--more than the total national debt of about $4.1672 trillion accumulated by all 41 U.S. presidents from George Washington through George H.W. Bush combined.
[...]
That would equal nearly $53,000 for each American household or more than $66,00 for each full-time private-sector worker....
- "how Would You Feel If You Knew That Almost All Of The Money You Pay In Personal Income Tax Went To Pay Just One Bill, The Interest On The Debt?”
CNBC TodayChances are, you and millions of Americans would find that completely unacceptable and indeed they should.But that is where we may be heading.Thanks to the Fed, the interest rate paid on our national debt is at an historic low of 2.4 percent,...
- Hooray For America! We Suck The Least!
Despite everything, it’s the USA, the american people as expressed by US Treasury NotesForeign holdings of US debt hit record highForeign holdings of US debt hit record high; China ups holdings after 2 declinesForeign demand for U.S. Treasury...
-
THROW. THEM. ALL. OUT. CNSNews: Spending Bills Passed by GOP House Increased Debt $1T in 10 Months By Terence P. Jeffrey (CNSNews.com) - Federal spending bills approved by the Republican-controlled House of Representatives have increased the national...
-
Fed Passes China as Top Owner of U.S. Debt From Will at The Other News: In the period since the Federal Reserve announced in November that it intended to buy $600 billion in U.S. government debt by the end of this June, the Fed has surpassed mainland...
- China Has Divested 97 Percent Of Its Holdings In U.s. Treasury Bills
From CNS: China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to $5.69 billion in March 2011, the most recent month...