posted on Jul, 11 2011 @ 11:46 AM
it is time for one to go, fro one is for the people the other is not, one is for freedom, the other is for a dictator ship. or is it to late? are we
in the US of A in a time when we will enslaved or will we be free, for this happens all bets are off
form the link
Obama: US debt talks failure 'could restart recession'
it is sad to have to
go out side the US to get the real news, what will happen from the link
Failure to raise the US debt ceiling could trigger another recession and
throw millions out of work, President Barack Obama has said.
yea so that is nothing new, that will happen any way get to the real spending, and
thus, this would not be a problem from the link
US federal government debt
US government currently runs a $1.5tn budget deficit, requiring it to issue debt in the form of treasury bills, bonds and other securities
Public debt was $14.3tn on 31 May, up from $10.6tn when Mr Obama took office in January 2009
Most is held by the public, with the rest held in US government accounts
Congress has voted to raise the US debt limit 10 times since 2001
Sources: US Treasury, Congressional Research Service, Congressional Budget Office
is it just me or do others feel the same way, this is the down
fall all want from the US , and the US will be no more.