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USG's fiscal exposures = $53 trillion as of Sept. 30, 2007" +/- $455,000 per family.

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L. Coyote Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-19-07 11:45 AM
Original message
USG's fiscal exposures = $53 trillion as of Sept. 30, 2007" +/- $455,000 per family.
"Obligations Ignored"
Scott Horton - Dec 18, 2007
http://www.harpers.org/archive/2007/12/hbc-90001943

This morning we pick up the newspaper or turn on the broadcast news and hear a mixture of seasonal human-interest stories. Then the “real” news drum starts. Jacko has made an appearance looking like a mummy. The Russians, it seems, have delivered fuel for a nuclear reactor to Iran. The religiously tinged battles between Huckabee and Romney continue ....

.........

So here it is, an obscure speech delivered by an obscure person, with a message that no one wants to hear (http://www.yubanet.com/artman/publish/printer_72998.shtml):

For the 11th year in a row, the U.S. Government Accountability Office (GAO) was prevented from expressing an opinion on the consolidated financial statements of the U.S. government .......

“This translates into a current burden of about $175,000 per American or approximately $455,000 per American household.”
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jimshoes Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-19-07 11:51 AM
Response to Original message
1. no problem,
I'll put it with the other unpaid bills.
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Didereaux Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-19-07 11:54 AM
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2. Up $30 trillion in 7 years...yet who cares? n/t
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Locrian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-19-07 11:56 AM
Response to Original message
3. cost of GWB = $32 trillion

With the arrival of George W. Bush, all proper stewardship of the economy has been thrown to the winds in favor of a quick joy ride for a team of power-crazy leaders. The cost of this presidency, put in dollars and cents through today, is $32 trillion dollars. That’s a 150% increase in exposure since the reins of office were handed to George W. Bush.



We're as doomed as doomed can be....
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L. Coyote Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-20-07 01:23 PM
Response to Reply #3
6. How much per household has GWB cost America? That should be accurately refined.
I would sure like to see a figure for cost per household/family of USG exposure since Dec. 12, 2000, Jan. 1, 2001, or inauguration. Even full fiscal years under Bush, but reliably accurate as main concern. How many households are they stating? Do they use official census numbers?

There are quite a few activist groups watching government. Who is focusing on/keeping books on USG?
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angstlessk Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-20-07 09:45 PM
Response to Reply #6
11. boosh moving to Paraguay and cheenye to Dubai...why should they care?
we are the suckers left behind!
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Red Zelda Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-19-07 11:57 AM
Response to Original message
4. But what about the holiday movies??
and football ... and shopping ... and snow ... what a stupid fucking country.
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Ezlivin Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-19-07 11:58 AM
Response to Original message
5. Republican plan - Refinance the country
We can improve our credit score, pay off our credit cards and, say, isn't there a new war you've always wanted?
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L. Coyote Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-20-07 01:25 PM
Response to Reply #5
7. Making a run on USG mineral rights, me thinketh, if not the land, trees, water...
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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-20-07 01:28 PM
Response to Original message
8. Most people usually make around $1,000,000 in all their life.
We're talking working for half of one's life to pay off these obligations. Thanks for the memories you selfish baby boomers.
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L. Coyote Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-20-07 08:36 PM
Response to Reply #8
9. I blame the Bush junta instead.
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Dukkha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-20-07 08:40 PM
Response to Original message
10. I'll post date a check to 2045
I might have it all by then
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