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National Debt Tops $7 TRILLION

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LuCifer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-04 01:34 AM
Original message
National Debt Tops $7 TRILLION
THANKS BUSH. WHAT THE HELL?! I want everyone to stop whatever you are doing, and just ponder this: 7 TRILLION DOLLARS. Also, remember a little more than just THREE years ago, the words "NATIONAL BUDGET DEBT" were but a DISTANT MEMORY? Can you believe this bullshmit? Is it any wonder why the economy is COMATIC? Is it any wonder why there are NO JOBS? (The fact that a million or 2 got "outsourced" to India is beside the point.) Is it any wonder why the US dollar isn't worth a pile of turd against the Euro? And how in the HELL did these morons who are of the "party of fiscal responsiblity" (yeah, my ass!) some how manage to rack up $7 BILLION in debts?!?!?! Could it be...TAX CUTS TO THE UBER RICH? An illegal war for oil? I swear, anyone who votes for "President" Bushitler in November, you must be smoking crack laced with heroin and PCP AND huffing bug spray and floor cleaner.

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National Debt Tops $7 Trillion

Feb 18, 6:11 PM (ET)

By Jonathan Nicholson

WASHINGTON (Reuters) - The U.S. government's national debt -- the accumulation of past budget shortfalls -- totaled more than $7 trillion for the first time as of Tuesday, according to a Treasury Department report.

In its daily financial statement released on Wednesday, the Treasury said the U.S. debt subject to a congressionally set limit totaled $7.015 trillion, up from $6.983 trillion on Friday. The government was closed on Monday for the Presidents Day holiday.

While passing the $7 trillion mark itself has little practical significance, not unlike a car's odometer rolling over, it may signal some tough political times for President Bush's administration on fiscal policy.

The government debt ceiling stands only a few hundred billion dollars ahead at $7.384 trillion, and Treasury would need Congress's blessing to borrow beyond that. Treasury officials say they expect the limit to be hit sometime between June and October.

read the rest here: http://news.myway.com/top/article/id/386058|top|02-18-2004::18:12|reuters.html it's not that long of an article, PASS IT ON!
We need to keep stoke the fires on this one, cuz this is just totally assinine.

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And everyone please visit http://www.RandiRhodesHatesAmerica.com and check out the tons of Randi archives. Donate if you can (and donate to DU too damnit! I would, if I didn't have to blow what money I is got on crap like food!) and I think if you donate more than like $25, you'll get a CD of Randi show, approx. 1 MONTH of shows! Tell a friend! SYNDICATION NOW FOR RANDI!!!

Lu Cifer
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camero Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-04 02:07 AM
Response to Original message
1. Well when you put 1/2 trillion dollars for war machinery
every year, what do you expect?
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LuCifer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-04 02:17 AM
Response to Reply #1
3. yup
well, ya see, Bushitler* has to make up cuz we all know Clinton totally gutted the military and defunded it!

Lu Cifer
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Desertrose Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-04 02:14 AM
Response to Original message
2. makes me feel a bit less guilty for being late with the rent...
also explains a bit more why I don't have the rent...

*sigh*
DR
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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-04 09:23 AM
Response to Reply #2
4. The Pubs have outsmarted themselves.
The dollar is heading for Toastville. Only the very rich will come out on top, they being able to buy up things on the cheap while we low lifes suffer ad nauseum.

But, in the long term, lies will be realized and the Pubs voted out as they should be,
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LuCifer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-04 02:49 PM
Response to Reply #2
5. i hear ya
ya see, THEY can stay in debt as long as they want. The REST of US are F'd! WE get calls from annoying assbags bill collectors, etc. DO THEY?!?!?!?!

And everyone please visit http://www.RandiRhodesHatesAmerica.com and check out the tons of Randi archives. Donate if you can (and donate to DU too damnit! AND DONATED TO LIBERAL RADIO LIKE THE GUY JAMES SHOW! I would, if I didn't have to blow what money I is got on crap like food! Thanks Bush.) and I think if you donate more than like $25, you'll get a CD of Randi show, approx. 1 MONTH of shows! Tell a friend! SYNDICATION NOW FOR RANDI!!!

Lu
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