US debt tops $9 trillion for first time

texast

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http://today.reuters.com/news/artic...Z_01_N07545790_RTRIDST_0_USA-ECONOMY-DEBT.XML

I feel sorry for future Americans.


WASHINGTON, Nov 7 (Reuters) - The U.S. Treasury Department said on Wednesday publicly held U.S. debt breached $9 trillion this week for the first time ever, just five weeks after Congress had raised the statutory borrowing limit.

At the end of September, U.S. President George W. Bush signed a measure to increase the debt limit ceiling to $9.815 trillion from $8.965 trillion, allowing the government to keep issuing debt.

The increase in the debt limit is the fifth since Bush took office in January 2001. The U.S. debt stood at about $5.6 trillion at the start of his presidency.

In approving the debt limit increase, Congressional lawmakers said the $850 billion increase should be large enough to allow the government to continue borrowing into 2009, well beyond next year's presidential and congressional elections.

The Bush administration estimated the U.S. federal budget deficit for fiscal 2007 would total $163 billion. The deficit for the year ended Sept. 30 narrowed by 34.3 percent from the $248 billion gap in fiscal 2006. (Reporting by Nancy Waitz; editing by Gary Crosse)
 
i am actually doing a paper on this for my international Finance class..props for this info.
 
:smh:

Bush is going to bleed us dry and dip to the U.A.E. with Cheney.

Bush has damn near doubled the debt by himself. He vetoes Health Care for Poor Children and a Water bill to make sure the nations water infrastructure is sound. All he cares about is tax cuts for the rich and war. He's the Worse thing that ever happened to the USA.
 
Yeah...what happened to Republicans being fiscally conservative?

When Clinton left offices, we had a budget surplus of around 500 Billion, and the debt was only about 5 Trillion. Look at this shit.

Tax cuts for the weatlhy, plus war expenses that aren't truly on the books equals the shit that we are at now. This shit is going to end up very badly.

I weep for my grandchildren
 
What Ya'll need to realize is that The US Owes this Money to The Federal Reserve Bank. (Who happens to Print The US's Money)
Who Owns the Federal Reserve??? The Rothchilds from UK
It's a Big Picture...Do You own research so you'll know what the Hell iss going on....And by the Way...Homeboy got it mixed up.. 1 Pound = 2 US Dollars

:angry::angry::angry::angry::angry::angry:
 
What Ya'll need to realize is that The US Owes this Money to The Federal Reserve Bank. (Who happens to Print The US's Money)
Who Owns the Federal Reserve??? The Rothchilds from UK
It's a Big Picture...Do You own research so you'll know what the Hell iss going on....And by the Way...Homeboy got it mixed up.. 1 Pound = 2 US Dollars

:angry::angry::angry::angry::angry::angry:

the pound has damn near made the dollar look like a fucking peso....

:smh:
 
What Ya'll need to realize is that The US Owes this Money to The Federal Reserve Bank. (Who happens to Print The US's Money)
Who Owns the Federal Reserve??? The Rothchilds from UK
It's a Big Picture...Do You own research so you'll know what the Hell iss going on....And by the Way...Homeboy got it mixed up.. 1 Pound = 2 US Dollars

:angry::angry::angry::angry::angry::angry:

Wow, I never heard of these people. I just went to wikepedia to read about them. Thanks for teaching me something new homie.
 
I am lost as to why Bush still has any support at all. I mean I don't understand how even one person can favor him. Between the escalation of the war and the deterioration of the economy, why would anyone still want him as their leader?

:confused::confused::confused:
 
I am lost as to why Bush still has any support at all. I mean I don't understand how even one person can favor him. Between the escalation of the war and the deterioration of the economy, why would anyone still want him as their leader?

:confused::confused::confused:

Alot of powerful people profit from this. Many of these people control the media. And they keep people ignorant. And you know how stupid white people are. Most blacks know he's full of shit.
 
What Ya'll need to realize is that The US Owes this Money to The Federal Reserve Bank. (Who happens to Print The US's Money)
Who Owns the Federal Reserve??? The Rothchilds from UK
It's a Big Picture...Do You own research so you'll know what the Hell iss going on....And by the Way...Homeboy got it mixed up.. 1 Pound = 2 US Dollars

:angry::angry::angry::angry::angry::angry:


yea the movie "The Money Masters - How International Bankers Gained Control of America"

http://video.google.com/videoplay?docid=-515319560256183936


"The powers of financial capitalism had a far-reaching plan, nothing less than to create a world system of financial control in private ... all » hands able to dominate the political system of each country and the economy of the world as a whole...Their secret is that they have annexed from governments, monarchies, and republics the power to create the world's money..."

THE MONEY MASTERS is a 3 1/2 hour non-fiction, historical documentary that traces the origins of the political power structure that rules our nation and the world today. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. The development of fractional reserve banking practices in the 17th century brought to a cunning sophistication the secret techniques initially used by goldsmiths fraudulently to accumulate wealth. With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned "central" bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation, including America, has fallen prey to this cabal of international central bankers.

Segments: The Problem; The Money Changers; Roman Empire; The Goldsmiths of Medieval England; Tally Sticks; The Bank of England; The Rise of the Rothschilds; The American Revolution; The Bank of North America; The Constitutional Convention; First Bank of the U.S.; Napoleon's Rise to Power; Death of the First Bank of the U.S. / War of 1812; Waterloo; Second Bank of the U.S.; Andrew Jackson; Fort Knox; World Central Bank; Loose Change 911 truth police state globalists NWO New World Order Federal Reserve Alex Jones Aaron Russo America From Freedom To Fascism zionist IMF BIS John Perkins 911 911 Globalism bilderberg Rothschild Rockefeller Schiff Warburg illuminati bohemian grove idi amin freemason
 
Yeah...what happened to Republicans being fiscally conservative?

When Clinton left offices, we had a budget surplus of around 500 Billion, and the debt was only about 5 Trillion. Look at this shit.

Tax cuts for the weatlhy, plus war expenses that aren't truly on the books equals the shit that we are at now. This shit is going to end up very badly.

I weep for my grandchildren


Don't worry about it....come to Canada. :D
 
Guy have you ever heard of NAFTA?


because if you did you wouldn't make such a ridiculous comment like that.

smoke do you think this is part of the reason for the north american union, it would whip out some of the problems the US have, the dollar problem ain't the amero problem, and so on

the north america union brings in more power it seems....just me thinking
 
smoke do you think this is part of the reason for the north american union, it would whip out some of the problems the US have, the dollar problem ain't the amero problem, and so on

the north america union brings in more power it seems....just me thinking

NO


The deliberate attempt to destroy the economy is a way for them to get rid of the dollar and introduce the Amero as our new currency. Did you know Spain owns a toll booth on a section of the super highway that is being built right now???? Are you kidding me?



nasco_home_page_09.jpg




If they wanted to eliminate the the problem with the economy don't you think they would of proposed progressive ideas out in the open? Guess what? they didn't do that, In 2005 they went behind the back of the Congress and public and set up NAFTA without our approval.

Until a few months ago the Congress didn't even know the highway was under construction :confused:. Now why would they covertly make deals without Congress knowing in the hopes of whipping out the problems with the US Dollar :smh:.....It's plainly obvious that the people we THINK are in control aren't.



One of the main reasons why NAFTA was created was to erase sovereignty and make the U.S., Canada, and America one nation in a sense. If you have kept up with current events you would know that Europe is in a union (EU) and so is Africa (AU). South America and Asia are going to follow suit very soon.


When the time is right, a one world government will be formed when every country on the planet is merged into a union. And this will probably be done by using a false flag operation to scare the public, much like operation Northwoods which is a mirror image of 9/11.



The Federal Reserve was set up on a lie
9/11 was set up on a lie
and so is NAFTA



Also if the original intention of NAFTA was to help America, why is it that most of the American population doesn't even know about it?........I shouldn't have to tell you the answer to that.
 
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NO


The deliberate attempt to destroy the economy is a way for them to get rid of the dollar and introduce the Amero as our new currency. Did you know Spain owns a toll booth on a section of the super highway that is being built right now???? Are you kidding me?



nasco_home_page_09.jpg




If they wanted to eliminate the the problem with the economy don't you think they would of proposed progressive ideas out in the open? Guess what? they didn't do that, In 2005 they went behind the back of the Congress and public and set up NAFTA without our approval.

Until a few months ago they didn't even know the highway was under construction :confused:. Now why would they covertly make deals without Congress knowing in the hopes of whipping out the problems with the US Dollar :smh:.....It's plainly obvious that the people we THINK are in control aren't.



One of the main reasons why NAFTA was created was to erase sovereignty and make the U.S., Canada, and America one nation in a sense. If you have kept up with current events you would know that Europe is in a union (EU) and so is Africa (AU). South America and Asia are going to follow suit very soon.


When the time is right, a one world government will be formed when every country on the planet is merged into a union. And this will probably be done by using a false flag operation to scare the public, much like operation Northwoods which is a mirror image of 9/11.



The Federal Reserve was set up on a lie
9/11 was set up on a lie
and so is NAFTA



Also if the original intention of NAFTA was to help America, why is it that most of the American population doesn't even know about it?........I shouldn't have to tell you the answer to that.

yea im with you on the superhighway, i first time i saw that i was like that shit cant be right, then i thought about who's the puppet(BUSH) and then i said yea, but, didnt know sapin was in on it to:confused:but it just seems like this (NAU) couls have been a result of economy planning, you can't just attack the US now you have the whole Union to deal with....

but thinks to the BGOL fam these things are being passed around....

didn't think that all the country in Africa was part of the Union but, not sure
 
033106mexico1.jpg

President Bush, Prime Minister Harper, and President Fox laughing it up because they know where this is going, and the majority of the American public doesn't
 
yea i post them pic some where else and them folks was shocked about the happenings .....
 
This shit actually began with Ronald Reagan. He spent more money than every president before him combined because of the space program. Now Bush comes along and tops him. These Republicans are deliberately destroying America. And these mofos call themselves conservative.
 
yea im with you on the superhighway, i first time i saw that i was like that shit cant be right, then i thought about who's the puppet(BUSH) and then i said yea, but, didnt know sapin was in on it to:confused:but it just seems like this (NAU) couls have been a result of economy planning, you can't just attack the US now you have the whole Union to deal with....

but thinks to the BGOL fam these things are being passed around....

didn't think that all the country in Africa was part of the Union but, not sure

It's not just Spain, China has control of our ports in southern California.
 
This shit actually began with Ronald Reagan. He spent more money than every president before him combined because of the space program. Now Bush comes along and tops him. These Republicans are deliberately destroying America. And these mofos call themselves conservative.

Republicans and Democrates are one in the same, they're on the same team, well at least the ones that become president are.
 
this shit is above BUSH head this the crew:

Count Hans Kolvenbach — The Supreme Superior Jesuit General
general-1.gif

kolven.gif

pope.jpg


general.jpg

Here is an funny/interesting vid for anyone who is interested


Bloodlines, Mars, Tom Cruise, Star Wars, and the Black Pope

[FLASH]http://youtube.com/v/7fjfnTnf15Q[/FLASH]
 
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When the time is right, a one world government will be formed when every country on the planet is merged into a union. And this will probably be done by using a false flag operation to scare the public, much like operation Northwoods which is a mirror image of 9/11.

smoke you should make a thread about this, it was my first time, so i know the newbie might not know about it and a few vet's maybe
 
smoke you should make a thread about this, it was my first time, so i know the newbie might not know about it and a few vet's maybe


You know what, I should get a few people together so we can come up with a thread that explains most of this stuff to people who may not know. A bunch of members on the board already have taken it upon themselves to do this and like seeing that. But offering important info like this to people would be a great idea.
 
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