Our US NATIONAL DEBT

The "official" debt of the United States is only around $10 trillion dollars as of August 6, 2008. This is a manageable number; we could pay it off in a few decades if we quit buying luxuries like food and clothing, and take a few other minor economy measures. Unfortunately, the "$10 trillion" number was produced by government accounting, which among other things allows one to ignore Social Security, Medicare, and the new prescription drug benefit. This is like ignoring rent, food, and utilities in your household budget 2026 it will lead to a few bounced checks. Our real debt is about ten times higher.

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We now live in an Obama Nation. A Nation of promised "change" ... with a commitment that the change will be in a productive direction. One way to measure the effectiveness of this new administration, will be by the legacy that it leaves behind. Will the US National Debt, being left to our future generations, be more or less than when this new administration of "change" took office? For the next four years (2009, 2010, 2011, and 2012 ... at least) this website will trend the US National Debt.

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Debt Clock Revisited

Well, forget the old debt, what about the new debt coming on the scene. This so called stimulus package of potentially not just one. President Obama is pushing $300 billion in tax cuts; I am not clear if that is included in the $800 billion for jobs and lifting the nation out of recession. And in December 2008, Barack Obama warned Americans of a potential need of a massive stimulus package that could ultimately exceed $1 trillion.

I am more concern as to where the money is going. Just this morning on the news (Jan 27) I see that ACORN (remember them from all the register/voting commotion) may be eligible for billions in aid from the economic stimulus proposal. I, as a tax payer, want to know where ACORN plans to spend the money? But first, are they capable of deciding the best way to spend it? Why is it lately that it seems, to be a public servant in our country, you need to be dummer and scummier. The more you do wrong, whether intentionally or accidently, the more you seem to be qualified. You now have the experience needed to serve the people. Have we Americans lost our minds to allow this to continue? Or is it that the American people feel that the government is ripping the country apart, we are all going down and I might as well get mine. I pray I am wrong.

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My country, 'tis of thee,
Sweet land of liberty,
Of thee I sing;
Land where our comrades died,
Land of the pilgrims' pride,
From every mountain side
Let freedom ring.

Our fathers' God to thee,
Author of liberty,
To thee we sing;
Long may our land be bright
With freedom's holy light;
Protect us with thy might,
Great God, our King.

Let's not forget!

What does the first 100 days look like?

First 100 Days

Assymptote - Math. A line that is the limiting position which the tangent to a curve approaches, as the point of contact recedes indefinitely along an infinite branch of the curve. You are already familiar with the word assume and how it can be divided into three parts, with Congress being the party of the first part, and the President as the party of the second part; now we the people are left to TOTE the burden created by them.

"I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government; I mean an additional article taking from the Federal Government the power of borrowing. I now deny their power of making paper money or anything else a legal tender. I know that to pay all proper expenses within the year would, in case of war, be hard on us. But not so hard as ten wars instead of one. For wars could be reduced in that proportion; besides that the State governments would be free to lend their credit in borrowing quotas." --Thomas Jefferson to John Taylor, 1798. Credit:http://etext.virginia.edu/jefferson/quotations/jeff1340.htm

1. Write or call your U.S. Senators and your Representative. Tell them how concerned you are about the debt and ask them what they are doing to reduce both the Debt and Deficit.
2. Remember, when it is time to vote....vote the b** ones out.
3. Check out the Concord Coalition. Their site is given below.
4. You might consider putting the "Debt Clock" on your lens to help promote greater awareness.

FACTS:
In 1900, the debt was:
07/01/1900 2,136,961,091.67 (2 billion)
07/01/1920 25,952,456,406.16 (post WW1)
06/30/1949 252,770,359,860.33 (Cold War Era just starting)
09/30/1981 997,855,000,000.00 (start of Reagan Presidency)
09/30/2000 5,674,178,209,886.86 (in 19 years)
09/30/2007 9,007,653,372,262.48 (Iraq War, since 2003)
As of 1900, your portion would have been $28.03 per person.
As of 2007, your portion is $29,925.75 per person or
in other words, $119,703.00 for a family of four.

These figures do not reflect the additional debt represented by Medicare and Social Security obligations of the US Government.

National Debt Grows $1 Million a Minute

US National Debt Expanding at Mind-Numbing Rate, Nearly $1.4 Billion Per Day

Like a ticking time bomb, the national debt is an explosion waiting to happen. It's expanding by about $1.4 billion a day - or nearly $1 million a minute.

What's that mean to you?

It means almost $30,000 in debt for each man, woman, child and infant in the United States.

For the rest of the article, please go to:
Hybrid Politic