Sunday, April 17, 2011

The Coming Debt Crisis

Barack Obama has piled on more debt than any President in US history!



Back to the Land: Arthurdale, FDR's New Deal, and the Costs of Economic Planning



This coming May 16, the U.S. Federal government debt ceiling will be breached; that is, the national credit card—currently topped at $14,294,000,000,000—will be maxed out. (Yeah, I know: It’s one thing to read “$14 trillion” and quite another to see the actual number, written out with all those zeroes.)-Burning The Candle At Both Ends: Raising the Debt Ceiling, and Extending QE-2 Indefinitely

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