Wednesday, November 09, 2005

Bush Has Borrowed More Than ALL US Presidents COMBINED!!

Bush Has Borrowed More Than ALL US Presidents COMBINED!!

From the Article:

"According to the Treasury Department, from 1776-2000, the first 224 years of U.S. history, 42 U.S. presidents borrowed a combined $1.01 trillion from foreign governments and financial institutions, but in the past four years alone, the Bush administration borrowed $1.05 trillion."

"No American political leadership has ever willfully and deliberately mortgaged our country to foreign interests in the manner we have witnessed over the past four years," said Tanner. "If this recklessness is not stopped, I truly believe our economic freedom as American citizens is in great jeopardy."

It is EXTREMELY important to note that while the public debt has climbed another One (1) Trillion Dollars in just 4 years the unfunded liabilities for social security, welfare, Medicare, Medicade, etc. incresed over 11 TRILLION in JUST ONE SINGLE FUCKING YEAR!!!

This is total reckless fiscal INSANITY!! And if it doesn't scare the shit out of you then you are living in fantasy land or are really, really bad at math!! - Etienne