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Breaking News Home | All | Religion | Society | Tech | Choice | SA News
FRONT PAGE  |  5/24/2015
WEDNESDAY, FEB 19, 2014  |  10 comments
Obama Has More Than Doubled Marketable U.S. Debt

The marketable debt of the U.S. government has more than doubled--climbing by 106 percent--while President Barack Obama has been in office, increasing from $5,749,916,000,000 at the end of January 2009 to $11,825,322,000,000 at the end of January 2014, according to the U.S. Treasury's latest Monthly Statement of the Public Debt.

During the eight-year presidency of George W. Bush, the marketable debt of the U.S. government almost doubled--climbing 93 percent--from $2,977,328,000,000 at the end of January 2001 to $5,749,916,000,000 at the end of January 2009. ...


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· Page 1 ·  Found: 10 user comment(s)
News Item2/20/14 10:29 AM
pennned  Find all comments by pennned
the petrodollar monopoly is coming to an end. the middle class wealth has been stripped before our eyes. China is making deals with world in their currency now, there will be less and less false propping up, and our bankers are global minded, they will find a way to move to the next market. just the way it is.
10

News Item2/20/14 7:44 AM
Christopher000 | Rhode Island  Find all comments by Christopher000
I remember yers ago while OBama was blaming Bush for everything, as usual, and addressing a new crew about the current debt...he said the debt Bush added was unpatriotic. Look what this man has done and where we are today.
The only word that comes to mind when thinking of him is destruction.
9

News Item2/19/14 8:51 PM
Mike | New York  Find all comments by Mike
Jim Lincoln wrote:
Yes, wars and depressions provide the circumstances for debt. It's too bad Bush's War (Iraq should have been made to pay for the help they were given!) made for the necessity for Obama to try to stave off a really huge depression, necessitating more debt.
Yawn. Another Bush response to an Obama item. You actually believe this nonsense? You think spending printing press money on obamacare and corporate welfare is good for the economy?
8

News Item2/19/14 4:34 PM
Russians were involved | so nothing was said  Find all comments by Russians were involved
Christopher000 wrote:
I have always believed that there were weapons of mass destruction. Saddam kept delaying the UN weapons inspectors which gave him plenty of time to disperse them into Pakistan. People seem to forget his very long cat and mouse game where the inspectors would touch down and he would send them home, last minute cancels on others occasions, etc. Then everyone says, "see, no weapons here, told ya so".
To me, the whole situation was like me dealing drugs out of my home and the cops calling me to let me know they will be stopping by to search next Tues at 1PM. After cancelling and rescheduling many times, would that have given me enough time to relocate my drugs?
google it, wikileaks confirmed there were WMD in the country, but remember even though 5+ years into current administration they are NOT responsible
7

News Item2/19/14 3:43 PM
Christopher000 | Rhode Island  Find all comments by Christopher000
I have always believed that there were weapons of mass destruction. Saddam kept delaying the UN weapons inspectors which gave him plenty of time to disperse them into Pakistan. People seem to forget his very long cat and mouse game where the inspectors would touch down and he would send them home, last minute cancels on others occasions, etc. Then everyone says, "see, no weapons here, told ya so".
To me, the whole situation was like me dealing drugs out of my home and the cops calling me to let me know they will be stopping by to search next Tues at 1PM. After cancelling and rescheduling many times, would that have given me enough time to relocate my drugs?
6

News Item2/19/14 3:36 PM
Jamie | Iowa  Find all comments by Jamie
The truth here is this progressive political radical set out to "transform" the United States and that is what he does. What we need to do is refute him and every progressive, misled politician at the ballot box and with "pen and phone"!
5

News Item2/19/14 2:57 PM
therapy  Find all comments by therapy
Jim Lincoln wrote:
the necessity for Obama to try to stave off a really huge depression
Jim
I didn't know Obama was depressed. Perhaps it is because you voted independent.
4

News Item2/19/14 2:52 PM
Fiscal News  Find all comments by Fiscal News
THearth wrote:
"Obama managed to accumulate more additional marketable debt in his first five years in office than all the presidents who preceded combined."
My goodness isn't Mr Obama doing well!
And isn't America doing well with him in charge.
Total national debt, including off balance sheet items, now stands at $200 trillion. Quite an achievement.
3

News Item2/19/14 2:46 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Yes, wars and depressions provide the circumstances for debt. It's too bad Bush's War (Iraq should have been made to pay for the help they were given!) made for the necessity for Obama to try to stave off a really huge depression, necessitating more debt.
2

News Item2/19/14 2:36 PM
THearth  Find all comments by THearth
"Obama managed to accumulate more additional marketable debt in his first five years in office than all the presidents who preceded combined."

My goodness isn't Mr Obama doing well!

And isn't America doing well with him in charge.

1
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