Black Friday: Treasury Borrowed $211.69 Per U.S. Household on Day After Thanksgiving

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posted on Nov, 26 2012 @ 09:08 PM
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Black Friday: Treasury Borrowed $211.69 Per U.S. Household on Day After Thanksgiving




The U.S. Treasury increased the net debt of the United States $24,327,048,384.38 on the day after Thanksgiving, which equals approximately $211.69 for each of the nation’s 114,916,000 households.

When President Barack Obama first took office on Jan. 20, 2009, the national debt stood at $10,626,877,048,913.08. Since then, it has increased by $5,680,611,894,651.15.




People are talking about a fiscal cliff? The United States went over it years ago.....and before the I am attacking Obama comes to the front, Bush and many other presidents have their hands in this mess.
edit on 26-11-2012 by MidnightTide because: (no reason given)




posted on Nov, 26 2012 @ 10:15 PM
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reply to post by MidnightTide
 



I don't care anymore. Nobody is going to pay it back. just relax and find something else to do with your time.



posted on Nov, 26 2012 @ 10:23 PM
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Originally posted by MidnightTide
People are talking about a fiscal cliff? The United States went over it years ago.....and before the I am attacking Obama comes to the front, Bush and many other presidents have their hands in this mess.


Which would inevitably lead to TPTB as the puppet master.



I don't care anymore. Nobody is going to pay it back. just relax and find something else to do with your time.


I don't see any way either. The only possible way to pay back 16 trillion++ would take many years, too many years for TPTB to wait. Which means somebody has to cut their losses. China i'm guessing? Which leaves me to conclude; if not World War 3, then NWO, or both.

U.S. National Debt (16+ trillion freegin dollars bro) - U.S. National Debt Clock

I read some where....

1 million seconds = 12 days

1 billion seconds = 32 years

1 trillion seconds = 32,000 years

EDIT: Here we go, if you cannot yet grasp how big $1 trillion is, click here.


Another mathematician puts it like this: “1 million seconds is about 11.5 days, 1 billion seconds is about 32 years while a trillion seconds is equal to 32,000 years“.

edit on 20122611 by Mugen because: (no reason given)
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posted on Nov, 26 2012 @ 10:47 PM
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At least the homeless did not get billed for this household charge.
I live in a country where a homeless man can walk into a
H and R block tax service
and walk out with a debit card and a refund.
But a man that still owns a home,
walks out of same tax service owing an arm and and leg.

edit on 26-11-2012 by Rudy2shoes because: (no reason given)



posted on Nov, 26 2012 @ 10:59 PM
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You gotta wonder... just how long can this go on?

And more importantly, what's going to happen when it implodes?



posted on Nov, 27 2012 @ 12:02 AM
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reply to post by davjan4
 


what happens when it implodes? 2001 Argentina, 1992 Soviet Union.



posted on Nov, 27 2012 @ 09:05 PM
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reply to post by GreenGlassDoor
 


unfortunately Argentina will be going through it again....they are just about done.



posted on Nov, 27 2012 @ 09:15 PM
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reply to post by MidnightTide
 
I dont care how much they borrow,.
I dont own a single cent of that debt.
they can get payment from the likes of Sorros, Rockafeller, Morgan, Gates, and every other major
player in the greedy money Mob

edit on 27-11-2012 by Lil Drummerboy because: (no reason given)



posted on Nov, 27 2012 @ 09:27 PM
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Originally posted by MidnightTide
Black Friday: Treasury Borrowed $211.69 Per U.S. Household on Day After Thanksgiving




The U.S. Treasury increased the net debt of the United States $24,327,048,384.38 on the day after Thanksgiving, which equals approximately $211.69 for each of the nation’s 114,916,000 households.

When President Barack Obama first took office on Jan. 20, 2009, the national debt stood at $10,626,877,048,913.08. Since then, it has increased by $5,680,611,894,651.15.

People are talking about a fiscal cliff? The United States went over it years ago.....and before the I am attacking Obama comes to the front, Bush and many other presidents have their hands in this mess.
edit on 26-11-2012 by MidnightTide because: (no reason given)



Yeppers, they went over the cliff with these words:

Clause 2 – Borrowing power) [The Congress shall have Power] To borrow Money on the credit of the United States;

Clause 1 - The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence[note 1] and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

Blank checks with no personal responsibility to pay the debts.





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