Per Thom Hartmann: Senate just raised debt limit to 10 trillion dollars!

[Elwood P Dowd]

:crazy:

[bunkerbuster1]

1. What choice do they have?

[TheMadMonk]

14. Turn off the spigot and tell them to spend the pentagon's black budget.

[bunkerbuster1]

17. Oh, THAT choice.

You mean show some true intestinal fortitude and show a willingness to risk their own precious political futures?

Yep, that'd be nice.

[nashville_brook]

2. does anyone have a link to an internet stream for Thom?

haven't listened in a long time and would like to re-connect.

[Elwood P Dowd]

3. I use Apple iTunes

which carries all the Air America shows.

Edit to add: Here is his site http://www.thomhartmann.com/

[rurallib]

8. He is also carried delayed on KTNF Minneapolis

I often listen from 2-5PM central time via stream here:
www.950airamerica.com
click the listen button it will take you to a window where you will need to enter a Minnesota zipcode to listen. I use 55102.

[originalpckelly]

4. The debt limit and actual debt are getting closer to 100% of GDP.

We have a GDP of around $13 trillion. This is scary.

[soothsayer]

7. and there isn't that much currency in circulation (isn't it a requirement, that we have

to be able to repay the debt with dollars?)

[Kutjara]

5. So the whole rickety jalopy can creak along for another few months.

Just keep borrowing guys. After all, there'll always be more where that came from, won't there? Pile that debt mountain even higher, so the fall will be that much further. Look out belowwwww!

[whistle]

6. Handing a trillion dollars more to Bush's War and to Ben Bernanke's

...Federal Reserve bailout of bankrupt Hedge Funds.

Expect $10.00 per gallon gasoline and $12.00 per gallon milk in three to six months plus hyperinflation and major job losses

[OzarkDem]

13. Like giving another drink to an alcoholic n/t

[no_hypocrisy]

9. It's okay. They're going to print some more money and make it all better.

[whistle]

10. $10.0 trillion debt ceiling adds $1.0 trillion in new debt and that adds

....another $48.5 billion in interest every year forever **

U.S. NATIONAL DEBT CLOCK
The Outstanding Public Debt as of 12 Sep 2007 at 09:03:18 PM GMT is:

$9,017,003,513,586.30

The estimated population of the United States is 302,967,263
so each citizen's share of this debt is $29,762.30.

http://zfacts.com/p/461.html

**NOTE: In Fiscal Year 2006, the U. S. Government spent $406 Billion of your money on interest payments* to the holders of the National Debt.

[whistle]

11. K & R

[OzarkDem]

12. Good, they we afford single payer health care now

Haven't we heard enough about how health care reform is "too expensive"? Compared to what? 2 or 3 more years in Iraq?

If we can afford Iraq, we can afford single payer health care. No more excuses.

[Indenturedebtor]

15. Oooooo I just had a great idea!

How about an "I voted for Bush" tax to pay back the debt?

Fiscal responsibility to whom exactly? Who are you beholden to repukes?

[ClayZ]

16. Great idea!

It should be a headline in the NY Times!