Wednesday, June 9, 2010

I Was Just Doing A Little Math...


National Debt Crosses $13 Trillion Mark

But, that's only a small part of the story.

$7.7 Trillion Total Money Supply (Debt - all borrowed money)
$57.0 Trillion Total Combined Debt (National, Business and Personal)
$65.5 Trillion Unfunded Obligation (Soc. Sec., Medicare, Medicaid, etc.)
$23.7 Trillion TARP Bailouts (and you thought it was only $700 Billion)
$3.27 Trillion Stimulus
$2.0 Trillion The Federal Reserve Will Not Disclose
$1.0 Trillion Line of Credit to Greece
$0.275 Trillion Foreclosure Rescue (UPDATED)
$99.0 Trillion Unfunded Pensions and Health Care Liabilities

$259.445 TRILLION in DEBT

This says nothing about the $1.5 Quadrillion derivatives market.

There. Now YOU do the research and the math. It's worse than you are being told and the fix is easier than you can imagine. The FIX.