**
<http://fellowshipofminds.wordpress.com/author/eowyn2/> Addicted to
Debt: 100% of
GDP!<http://fellowshipofminds.wordpress.com/2011/08/03/addicted-to-debt-100-of-gdp/>
*Eowyn <http://fellowshipofminds.wordpress.com/author/eowyn2/>* | August 3,
2011 at 5:35 pm | Tags: Debt
Ceiling<http://fellowshipofminds.wordpress.com/?tag=debt-ceiling>,
Obama dooms
America<http://fellowshipofminds.wordpress.com/?tag=obama-dooms-america>,
PIIGS <http://fellowshipofminds.wordpress.com/?tag=piigs>, US national
debt<http://fellowshipofminds.wordpress.com/?tag=us-national-debt>|
Categories: 2012
Election <http://fellowshipofminds.wordpress.com/?cat=4934384>, Crazy
Politicians <http://fellowshipofminds.wordpress.com/?cat=232565>,
Economy<http://fellowshipofminds.wordpress.com/?cat=17656840>,
Just Plain Nuts <http://fellowshipofminds.wordpress.com/?cat=2053694>,
Taxes<http://fellowshipofminds.wordpress.com/?cat=34919470>,
United States <http://fellowshipofminds.wordpress.com/?cat=5850>, US
Presidents <http://fellowshipofminds.wordpress.com/?cat=51656283> | URL:
http://wp.me/pKuKY-8tA
<http://fellowshipofminds.files.wordpress.com/2011/08/2108930.jpg>
>From Agence France
Presse<http://news.yahoo.com/us-aaa-rating-still-under-threat-204040123.html>,
2 hours ago, August 3, 2011:
US debt shot up $238 billion to reach 100% of gross domestic project after
the government's debt ceiling was lifted, Treasury figures showed Wednesday.
Treasury borrowing jumped Tuesday, the data showed, immediately after
President Barack Obama signed into law an increase in the debt ceiling as
the country's spending commitments reached a breaking point and it
threatened to default on its debt.
The new borrowing took total public debt to $14.58 trillion...putting it in
a league with highly indebted countries like Italy and Belgium.
Read the rest of the article,
here<http://news.yahoo.com/us-aaa-rating-still-under-threat-204040123.html>
.
*~Eowyn*
Add a comment to this
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