National Debt Clock runs out of numbers
MSNBC
10/12/08
A watched clock never moves — unless it’s the National Debt Clock. In fact, the digital counter has been moving so much that it recently ran out of digits to display the ballooning figure: $10,150,603,734,720, or roughly $10.2 trillion, as of Saturday afternoon. The clock was put up by the late real estate mogul Seymour Durst in 1989 when the U.S. government’s debt was a mere $2.7 trillion, and was even turned off during the 1990s when the debt decreased...
http://www.msnbc.msn.com/id/27150961/
Global creditors end US spending spree
Washington Times
10/12/08
The crash unfolding on Wall Street is not just the fall of once-mighty banks and corporations that took on too much debt, but the collapse of an American economy and lifestyle that for decades has been purchased with credit cards. The nation’s creditors - many of them foreign countries such as China and Brazil with ample economic needs of their own - reached a point this summer at which they were no longer willing to extend new loans in light of burgeoning default rates...
http://tinyurl.com/4knrj8
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=national+debt
http://freepage.twoday.net/search?q=US+spending
http://freepage.twoday.net/search?q=American+economy
http://freepage.twoday.net/search?q=global+creditors
http://freepage.twoday.net/search?q=Wall+Street
10/12/08
A watched clock never moves — unless it’s the National Debt Clock. In fact, the digital counter has been moving so much that it recently ran out of digits to display the ballooning figure: $10,150,603,734,720, or roughly $10.2 trillion, as of Saturday afternoon. The clock was put up by the late real estate mogul Seymour Durst in 1989 when the U.S. government’s debt was a mere $2.7 trillion, and was even turned off during the 1990s when the debt decreased...
http://www.msnbc.msn.com/id/27150961/
Global creditors end US spending spree
Washington Times
10/12/08
The crash unfolding on Wall Street is not just the fall of once-mighty banks and corporations that took on too much debt, but the collapse of an American economy and lifestyle that for decades has been purchased with credit cards. The nation’s creditors - many of them foreign countries such as China and Brazil with ample economic needs of their own - reached a point this summer at which they were no longer willing to extend new loans in light of burgeoning default rates...
http://tinyurl.com/4knrj8
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=national+debt
http://freepage.twoday.net/search?q=US+spending
http://freepage.twoday.net/search?q=American+economy
http://freepage.twoday.net/search?q=global+creditors
http://freepage.twoday.net/search?q=Wall+Street
rudkla - 13. Okt, 09:48
