Tuesday, December 28, 2010

The economy

111th Congress Added More Debt Than First 100 Congresses Combined: $10,429 Per Person in U.S.

"The federal government has accumulated more new debt--$3.22 trillion ($3,220,103,625,307.29)—during the tenure of the 111th Congress than it did during the first 100 Congresses combined.

...

The total national debt of $13,858,529,371,601.09 (or $13.859 trillion), as recorded by the U.S. Treasury at the close of business on Dec. 22, now equals $44,886.57 for every man, woman and child in the United States.
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Ex-Shell president sees $5 gas in 2012

2011 by Paul Craig Roberts

"The year 2011 will bring Americans a larger and more intrusive police state, more unemployment and home foreclosures, no economic recovery, more disregard by the U.S. government of U.S. law, international law, the Constitution, and truth, more suspicion and distrust from allies, more hostility from the rest of the world, and new heights of media sycophancy.

...

The lawlessness of the U.S. government, which has been creeping up on us for decades, broke into a full gallop in the years of the Bush/Cheney/Obama regimes.

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Bill

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