May each of you have the heart to conceive, the understanding to direct, and the hand to execute works that will leave the world a little better for your having been here. -- Ronald Reagan

Wednesday, September 5, 2012


Debt. None of us like it. We all do what we can to keep it down, keep it under control. If we're in debt, we don't borrow more money, thinking that's a good way to reduce it. We don't keep spending more and more money thinking this is a good way to get out of debt. This president and his political party think the opposite when it comes to our national debt. Our Dear Leader has increased the debt over a $trillion a year since taking office, and next year another $trillion will be added. Six!!!! $trillion!!!!! in about five years!!! That's an increase of 51%! They say we need to keep spending at that rate to make things better.

If that were the case on a personal level, I'd stop paying rent and buy a $500,000 house (in Nevada that a pretty big and luxurious house) and buy that Cadillac CTS, plus max out my credit cards.

At the beginning of the Democratic Convention a couple days ago, we passed $16 Trillion national debt. Each of us, according to the US Treasury, now owe $51,874. That amount was $17,454 when Obama took office.

This is an increase to $4,073,237,142 per day!

As a percentage of the GDP, it has risen from 40% to an estimated 73% by the end of this year. We've seen what happens when it gets that high. Greece, France, Spain, Ireland, Portugal. They are all collapsing. We are getting ever closer. This must must must must be reduced to 20%.

These numbers come from the Treasury Department and the Congressional Budget Office.

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