We’re sitting on $15.4 trillion in debt. How is it going to get paid? And by whom? Back before 1970, foreigners held a 5 percent slice of U.S. public debt. Today foreigners hold nearly half the pie. And the government owes a bunch of it to itself — $4.6 trillion — including what it’s borrowed from the Social Security trust fund. Is Washington at all alarmed?"Serial Bubble Blowers." By Addison Wiggin and Samantha Buker, The Daily Reckoning, 5/6/12.
A blog about Islamic intolerance and fanaticism; socialism; communism; government stupidity; and lying weasels everywhere, hopefully couched in vibrant and literate English and foreign words that make us look good.
May 6, 2012
To ask is to answer.
Subscribe to:
Post Comments (Atom)
2 comments:
Cmdr Bun -
Do NOT stop posting. Your irreverance is refreshing. Carry on sir.
Thanks so much for your nice comment. I've been off traveling and it's been hard to keep up any steady blogging. But I'm still here and don't plan to drop off the grid any time soon.
Truth to tell, I'm suffering a bit from blogger fatigue, but it's not a terminal case. The coming train wreck in Europe (to start) is going to be entertaining.
Post a Comment