Saturday, September 03, 2011

8/31/11 Government Debt at 102% 2010 GDP

US government debt as of August 31, 2011:

$14,684,292,994,743.93 in U.S government debt, 
$10,024,253,354,407.07 was debt held by the public and 
$4,660,039,640,336.86 was intragovernmental debt.

Obama started his term with a debt of $6.037T. In 20 months the boy borrowed and spent $3.72T dollars, or $186B per month. The debt now exceeds estimated US 2010 GDP of $14.66T.

What do we have to show for it? Did we win a war? Rebuild the nation's infrastructure? Retool our factories? Develop new technology? Fix the economy?

No.

Obama just gave it away, to his crony capitalist friends, banks, welfare sluts, unions and anyone who would take his bribes for votes. We're like the late Roman empire in that respect. It's all for sale now. No one even bothers to hide the truth of it anymore. It's all out in the open for all to see.

Out in New Mexico, Bert Lopez got fired for fucking a slut on the hood of a Honda while wearing his state trooper uniform. But Obama is still in office after fucking the country into bankruptcy forever. How the hell are we ever going to explain this to our children? You people are fucking nuts.

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