Wednesday, September 5, 2012

USA: In Big Trouble.!!! Has Barack Obama pulled the wool over the eyes of responsible, hard working Americans by doing what Saul D. Alinsky taught, reducing America to third world status in order to elevate the poor nations of the world? Below News Reports are troubling and very serious indeed for everyone: 'Feds spend $41,210 every second more than it takes in'. If the Democrat Party's 'Amateur' who has been acting like a little boy in a candy shop using the people's money in his first term, what will his second term look like? - Pastor Max Solbrekken

Posted: September 4, 2012 in Uncategorized

“The Treasury Department said Tuesday that the federal government has now  officially topped $16 trillion in debt,” reports the Washington Times.

 “The announcement, which came just an hour before Democrats gaveled in their  convention in Charlotte, N.C., to renominate President Obama for another four-year term, immediately boosted the government’s grim fiscal picture back to  the fore of the national debate. 

Debt has risen at a meteoric pace under Mr. Obama — in less than four years  in office he has already eclipsed President George W. Bush’s eight years.”

 Meanwhile, a U.S. News & World Report story in August revealed that the federal government is spending some $41,210 every second more than it takes in in revenue

As I write in Implosion, this is absolutely unsustainable. Will anyone stop this madness before it’s too late? - Joel Rosenberg


 U.S. Debt Now $136,260 Per Household—Up 50% Under Obama
September 4, 2012
( -The U.S. government debt, which topped $16 trillion for the first time at the close of business on Friday, now equals approximately $136,260 for every household in the country.
Just since President Barack Obama was inaugurated on Jan. 20, 2009, the debt has increased by $45,848 per household—or about 50 percent per household.
As of Friday, the debt was 16,015,769,788,215.80. According to the Census Bureau, there were approximately 117,538,000 households in the country in 2010. Thus, the current debt equals about $136,260 per household.
When President Obama was inaugurated in 2009, the debt was 10,626,877,048,913.08 and has since increased by 5,388,892,739,302.72. That equals an increase of about $45,848 per household.
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