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U.S. National Debt Clock : Real Time

Posted by XenokRoy 9 years, 3 months ago to Economics
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I think everyone likely knows about this site. It is a good one if you do not. Its been a while since I looked at it and they have added some percent increases based on a year 2000 baseline. Made it an interesting look over again.


All Comments

  • Posted by term2 9 years, 3 months ago in reply to this comment.
    The issue we face is that the government just dreams up more devious solutions to keep them in power that we can plan for
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  • Posted by 9 years, 3 months ago in reply to this comment.
    Good Point,

    But rather they plan it or natural market reactions make it happen it will happen. The natural market reaction would be sever deflation which would be the right way as it rewards people who saved and punishes the deters. The fed is doing everything it can to keep deflation away because well its bad for you when you have 18.8 trillion in debt.
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  • Posted by term2 9 years, 3 months ago in reply to this comment.
    Imagine what that would do to retirees who though they had saved enough, only to find out they were penniless. Same thing for companies who thought they had some buffer savings only to find out they had nothing. UNLESS of course people or companies were totally underwater and would then get a windfall through debt relief. Maybe I should be really bad and go get into heavy duty debt now.....
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  • Posted by $ nickursis 9 years, 3 months ago in reply to this comment.
    Thanks, a nice chain of events. Could almost make this a poster of "What you don't know will be taken from you" or something. :)
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  • Posted by 9 years, 3 months ago in reply to this comment.
    Nickursis,

    It does go back to just after the civil war.

    In 1873 the government started to massively fund, and propagandize the railroad industry, making Vanderbilt a vilian while his rates were less than half, and just about 1/3 the rates of those the government was subsidizing. He had died and he was then used once he could not defend himself.

    The attack on the rich started at the same time, utilizing the series of editorials by Ma Tarbell against John Rockafeller Sr they began to push for legislation to break up standard oil.

    In this same time they begin to use the women's suffrage movement to manipulate the privilege of voting into the right to vote. Women could vote, and always could vote, there even 3 on the electoral college for Washington on the first go around. They owned property since there husbands had died in the revolutionary war and thereby could vote. The property ownership requirement was used to manipulate the people to push.

    You see the results of these pushes in 1890 (Sherman Act), 1911 (Breakup of standard oil) and 1915 (Income tax) which would have never gotten in if not for the fact that useful idiots could now vote. At this point the federal government now owns your company and your income, at least in part, and they have been taking a bigger and bigger part of us ever since.
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  • Posted by $ MichaelAarethun 9 years, 3 months ago
    $200,340.00 my share? I'm never getting out of debt. ha ha . So I just repudiated it.
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  • Posted by $ nickursis 9 years, 3 months ago in reply to this comment.
    Almost every major issue in the 20th century was manipulated for the government to acquire more power and authority, it may even go back to the Civil War. We have been losing bits and pieces in such a way that people have been unable to keep track of it all, which seems to be someones plan.
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  • Posted by $ nickursis 9 years, 3 months ago in reply to this comment.
    I like that idea, get rid of fiat for something of real value, but they need to outlaw politicians who would just screw up the new one....
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  • Posted by $ MichaelAarethun 9 years, 3 months ago
    18 trillion 906 billion and change. 9 trillion 693 in 2008. Obummer owns half the national debt near enouogh. Now there is a Legacy of Shame and Failure if ever was. Nothing to show for it.

    To be exact we'd need the figures for 20 Jan 2009 through 20 January 2017 both exactly a noon eastern standard time.
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  • Posted by term2 9 years, 3 months ago in reply to this comment.
    A good series on Netflix now is JERICHO. Terrorist bombs took down the US government, and it restarted again with new currency. You turned in whatever you physically had of the old currency, and all debts were wiped out.
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  • Posted by term2 9 years, 3 months ago in reply to this comment.
    It will just allow the total collapse to occur when the government cant hide it any longer. It will be very bad for all of us. I agree about the blood part- the 'entitled' people will riot big time and take whats left that the government couldnt get.
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  • Posted by 9 years, 3 months ago in reply to this comment.
    Glad to hear you agree! I have seen a few people support him here and it makes no sense for any person who support or understand objectivism at all to back that wind bag.

    Yes he is a good fake because I think he believes anything he says, also the reason Obamamnation (love that by the way) is such a good fake as well.
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  • Posted by $ allosaur 9 years, 3 months ago in reply to this comment.
    I never thought of the 1929 Crash in that light for it happening so long ago.
    Until now.
    Wow, good point.
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  • Posted by $ nickursis 9 years, 3 months ago in reply to this comment.
    Roy, I agree, but the sheeple do not know he is a fake. He is the Messiah come to earth to free us from the evil satan. He is the common man raised up. That is my meaning here, "we" know he is as fake as all the rest. But he is a really good one, on par with the Obamamnation and his "change".
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  • Posted by 9 years, 3 months ago in reply to this comment.
    The problem is Trump is a fake.

    His career has consisted of:
    1. Be very sure to be in bed with the needed polititions.
    2. Get laws passed if they do not exist that will bankrole, with taxes or tax exemptions, my planned project. In most cases they all ready existed.
    3. Take advantage of #2 to buy lots of property
    4. Use lots of property to take out big loans
    5. Use some of the money to renovate said properties.
    6. Let it run for a bit, rentals or whatever the property is.
    7. Suck so much money out of the company that the company is on the razors edge
    8. Pull out a bankruptcy with the money he has sucked out protected from said bankruptcy.

    He has done this 4 times. He may talk a good game, but he is about as Boyle as anyone could be.
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  • Posted by $ nickursis 9 years, 3 months ago in reply to this comment.
    Bingo. Proof there is no disaster they cannot manipulate for their own purposes, to establish more control over the people. That all led to the huge net of tangled strings we all live with today.
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  • Posted by $ nickursis 9 years, 3 months ago in reply to this comment.
    Exactly. They all have had a hand in it, from both parties, and that is one reason that Trump resonates so well. He gives off the outraged American smell to well, and it resonates. I think the silent middle is feeling the outrage but does not know what to do, and he gives them some sort of outlet, however insincere.
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  • Posted by $ nickursis 9 years, 3 months ago in reply to this comment.
    I do think you have the right idea, they will take all the worldwide debt, and "restructure" it under a single currency, and start the whole cycle all over again. I don't think it will go well, but they are too committed to the tit to let go.
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  • Posted by $ nickursis 9 years, 3 months ago
    That is just plain nuts. There are twice as many govt jobs as manufacturing? That should tell a lot. Ttoal liability is twice net worth of each person. Yep, I would say BK is the right term. Thanks Roy!
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  • Posted by johnpe1 9 years, 3 months ago
    y'know, XR, I have been debt-free twice during my life,
    as a bachelor between marriages, and recently, and
    I really don't think much of an outfit which can't manage
    its money any better than the u.s. -- j
    .
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  • Posted by eddieh 9 years, 3 months ago
    Who needs an alarm clock this is extremely alarming all by itself.
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  • Posted by edweaver 9 years, 3 months ago in reply to this comment.
    But that won't solve the problem or it will create bigger problems which is what I meant by paid for in blood.
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  • Posted by term2 9 years, 3 months ago in reply to this comment.
    It will end by cancelling out all wealth and debt denominated in US dollars, and we all start over with new paper money
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