What I'm even more afraid of is the $3.8 trillion budget, including $1.3 billion in deficit spending, that Comrade Obamavich provided to Congress today. What really puckered the old anatomy was the following:
The Senate moved last week to extend the nation's debt limit to $14.3 trillion to accommodate the projected gap for the current spending year, which ends Sept. 30, but with another $1.3 trillion hole next year, the nation's debt could reach $15.6 trillion by Oct. 1, 2011. That would surpass the nation's annual gross domestic product.It doesn't take a genius to figure out that things are going to get much worse, and may never get better. Who can America get to bail us out when we go bankrupt? I have a few ideas, but I don't like any of them.
The old road to Hades is getting a little crowded, and I can't say I like my company much.
1 comments:
I'm with ya Bro! scares the stuffin' out of me too. I'm afraid one of these days the Chinese are gonna call in their chips and we'll have to declare a war to clear the ledger I'm too old for this sh t!!
-Ted-
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