Thursday, January 24, 2013

FULL STEAM AHEAD INTO THE ICEBERG!


On Jan. 20, 2009, when Mr Obama was first inaugurated, the total debt of the federal government stood at: $10,626,877,048,913.08, according to the U.S. Treasury. As of the close of business on Jan. 17, the last day reported by the Treasury before Obama’s second inauguration, the total debt of the federal government was $16,432,631,489,854.70. I'll save the fiscally challenged Democrats the math: therefore, the debt of the federal government under Obama has increased by $5.8 trillion; give or take a dollar. This astounding set of figures means this: it EXCEEDS the combined debt accumulated under ALL presidents; from George Washington through Bill Clinton! AND MR OBAMA WANTS TO RAISE THE DEBT CEILING! I wonder how long it will take (if ever) for the dime to drop and the cheering masses to realize that they are being totally shafted by the most fiscally incompetent administration in the history of America.
(Photo: Copyright Control)








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