5 posts from Thursday, July 26, 2012

The Audacity of @BarackObama--the Federal Reserve purchased 61% of all debt issued by Treasury in 2011. Killing our children's future.

The Federal government has $2.7T in assets & $17.5T in total liabilities plus another $4.7T in intergovernmental debt. Have a nice day.

By folding, Penn State leadership made things worse. The deal is ridiculous &amp, punishes the wrong people. I hope the alumni sue to overturn.

Hope &amp, Change--since @BarackObama has taken office, the US debt has increased by an average of $64K per taxpayer.

US Gov't is on the hook for more than a third of the world's entire debt &amp, we wonder why China &amp, OPEC are laughing all the way to the bank!