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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (299413)8/11/2006 6:33:05 PM
From: RetiredNow  Read Replies (2) of 1574139
 
Hi all,

On CNN, I saw that according to the US Treasury, which uses SEC accounting required by all major institutions in the US, the deficit in 2005 was $750B. In addition, the US Treasury reported US debt to be at $49 trillion.

This country's total assets, include private wealth, add up to about $50 trillion.

So we are on the verge of bankruptcy. What a freaking joke this country is becoming. When will we get fiscally responsible leaders in Congress?
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