U.S. Approaches $15 Trillion Debt Limit

It will be the latest sobering economic milestone that few were hoping to see: The U.S. national debt – any day now – will soar above the $15 trillion mark. As of this writing, the total debt is $14.97 trillion, so moving beyond the symbolic $15 trillion is a foregone conclusion. When the unwelcome milestone is reached, it will come at a volatile time both in this country and abroad.

abcnews.go.com...

$15.000,000,000,000 the National Debt was $10.626 trillion when the Current Commander and Spender took office and now we have reached $5 trillion in just 3 short years with another year to go. Can America stand another 4 more of the same? No.

If the current Potus get's another 4 more the conservative estimate for another 4 more years would put the national debt at $20,000,000,000,000.

Reason right there not to elect the guy put your thinking caps on Americans we can't afford any more of this insanity.

reply to post by neo96


Maybe People should be listening to Ron Paul Now

I agree.They dont even have a budget.Ron Paul would do a much better job than Obama.

When you think about numbers like that, just imagine 15 trillion marshmellows in a giant hole, and jump in.

Or even 15 trillion pillows.
Something nice.

There's pillows worth 1 dollar right?

Ah yes, 15 trillion pillows....

Guys don't flame me, i'm taking our debt as seriously as our government.

So how about that foolball game last night?

Add $116 trillion in unfunded liabilities and we get a bit closer to the truth.

he outta be a shoe in he'll either face off against a adulterer, a spastic brooks brothers manikin, a socialist republican, a crazy woman, a environmentalist technocrat,and another adulterer.

I left Ron Paul out because you could vote for the man twice and the results would show he got none.

reply to post by METACOMET


I hope you are fishing on your side of the lake pal...

Originally posted by Anttyk47
When you think about numbers like that, just imagine 15 trillion marshmellows in a giant hole, and jump in.

Lets say a marshmallow takes up a cube 2cm across.
To get 1.5 x10^13 of them, I calculate a square hole would need to be 493 meters across each side.

The meter crater in Arizona (Barringer crater) is wider, but shallower, so to a rough approximation thats about the size you'll need.

Funny thing is that most of theses debts don't really exist.
The bankers and fed system create debts on purpose.

The real debt would probably be much lower if it wasn't for derivatives, encouraged inflation, wars and interest.
This is all planned by the people that already had too much power a looooong time ago and have been abusing every inch they could muster out of the system.

We don't owe them sh*&, they would of never gotten that money if they didn't invest it against the population for their own greedy profits.

reply to post by neo96


I thought the US debt was supposed to go down at some point..

Why are they still spending more than they are receiving??

I must say: again? So fast? Was the cap not raised mere "weeks" ago?

Originally posted by Anttyk47
When you think about numbers like that, just imagine 15 trillion marshmellows in a giant hole, and jump in.

Or even 15 trillion pillows.
Something nice.

There's pillows worth 1 dollar right?

Ah yes, 15 trillion pillows....

Guys don't flame me, i'm taking our debt as seriously as our government.

So how about that foolball game last night?

Foolball!!!! Best typo ever!!!!!......or was it?

In case you need a visualization of just one trillion dollars.... www.pagetutor.com...

reply to post by neo96


That's just the national debt, The TOTAL debt is 54 trillion dollars right now so there not going to stop anytime soon.

By the way when Bush left office our defecit was at 700 billion now its at 1.3 trillion, I think the obama supporters are all ignorant.


www.usdebtclock.org...

Debt won't mean a thing if TSHTF because each nation will look after its own interests and scrap everything else.

why is everyone thinking it is Obamas fault? Wasnt it the greedy bankers and short term foresight that got the world into this mess. As far as I am aware it didnt matter who is in charge the same outcome would have been the same. The government bailing out the bankers with tax payers money

Barrack Obamas campaign for presidency was based on Change "Change we can believe in" you honestly did not think "We" was you the voter did you haha

Here's to Obama on a job well done. He will pass yet another milestone in office.

[atsimg]http://files.abovetopsecret.com/images/member/d1b715751156.jpg[/atsimg]

1 trillion in a matter of months? At this rate Obama will triple the debt over his for year term.

I can't wait until someone says it's Bush's fault.