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How Fast is U.S Debt Increasing
09/29/2008 ——-9,945,578,231,981.59
10/21/2008 ——10,467,391,133,731.14
http://www.treasurydirect.gov/NP/BPDLogin?application=np
(enter dates for period you want debt figures from)
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We are on track for a $600 billion month or $7.2 trillion for the year. Now, there is no way that will continue for that long but, $3 trillion might be. Some say it will take that much for the [...]

Isn’t this the macro economic event all of the micro events have been pointing to? The US cannot bail out Lehman, Freddie, Fannie, AIG, etc without being caught up in their wake. The government is following the same bad business model that made some of these companies collapse. They are using short term debt to [...]