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To: joseffy who wrote (444091)9/2/2011 11:28:23 AM
From: TideGlider3 Recommendations  Read Replies (1) | Respond to of 793895
 
Pelosi is such a crock! I know somebody on her staff if not the Whitehouse itself writes that tripe for her.



To: joseffy who wrote (444091)9/2/2011 6:03:55 PM
From: FJB  Read Replies (1) | Respond to of 793895
 
U.S. Debt Held by Public Tops $10T for 1st Time—Up 59 Percent Under Obama



Friday, September 02, 2011
By Terence P. Jeffrey

(CNSNews.com) - At the close of business on Aug. 31--for the first time in the history of the country--the publicly held debt of the federal government topped $10 trillion, according to data released by the U.S. Treasury Department at 4:00 p.m. yesterday.

During Obama's presidency, debt held by the public has now increased by $3.71694 trillion--or almost 59 percent from the $6.3073 trillion in debt held by the public that the government owed to its creditors on Jan. 20, 2009, when Obama was inaugurated.

Also, according to the most recent reports available from the Treasury and the Federal Reserve, approximately $6.1 trillion of that debt—or about 61 percent of it—is owned by foreign interests (led by the Chinese and the Japanese) and by the Federal Reserve.

At the close of business on Aug. 30, as reported by the Treasury Department’s Bureau of the Public Debt, the federal government’s debt held by the public equaled $9,990,126,772,846.86. By the close of business on Aug. 31, it was $10,024,253,354,407.07...



To: joseffy who wrote (444091)9/2/2011 6:24:28 PM
From: greenspirit1 Recommendation  Read Replies (3) | Respond to of 793895
 
Only a mindless Obamatron would buy into that tripe.