US Has Hit Debt Ceiling: The Credit Card Is Maxed Out
US Debt Clock is showing $14.92 Trillion.
(Fox was also showing this figure)
http://www.usdebtclock.org
And the US Debt ceiling (Debt subject to limit) is $14.294 Trillion.
http://www.treasurydirect.gov/govt/charts/charts_debt.htm
Now, two days ago, the US debt clock showed $14.72 Trillion, so the debt
is going up at an average of $10 billion a day….
In the interest of accurate reporting, the treasury direct is showing a US National Debt of $14.267, so, at $10 billion a day, that leaves about 2.5 days.
However, that amount posted on treasurydirect.gov, is two days old!
http://www.treasurydirect.gov/NP/BPDLogin?application=np
I was watching CNBC this morning, “Squawk on the street” and they
had Rick Santelli, and he was saying they were auctioning off 10yr
treasury bonds, which means the government is [i]still[/i] borrowing!
Folks, this is worthy of impeachment, and a recall of the entire congress.
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