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reduen
09-24-2008, 02:00 PM
There are approximately 305,245,214 (Three Hundred Five Million Two Hundred Forty Five Thousand Two Hundred Fourteen) people in the Unites States of America.
For every Trillion Dollars of Debt our Federal Government Accrues, each man woman and child owes $3,276.05 (Three Thousand Two Hundred Seventy Six Dollars and Five Cents.)

1 Trillion = $3,276.05
2 Trillion = $6,552.10
3 Trillion = $9,828.15
4 Trillion = $13,104.20
5 Trillion = $16, 380.25
10 Trillion = $32,760.50

Think about that folks!

This is how much every man woman and newborn child owes toward the National Debt. This is on top of the personal debt that each of us has accrued in our lives!

Take these numbers and multiply them by each member of your family and see how much debt you really have….

By the way, the last figure I heard for our National Debt was $11 Trillion dollars.

cska80
09-24-2008, 02:02 PM
Don't forget the new book with Fannie and Freddie...

...oh and social security...and medicaid...medicare...prescription drugs...

aspiringconstitutionalist
09-24-2008, 02:32 PM
By the way, the last figure I heard for our National Debt was $11 Trillion dollars.

Well, I think the last official figure was about $9.6 trillion. With the bailout, that'll become $10.8 trillion. If the derivatives unravel to the extent that the real figure ends up costing Americans about $5 trillion as Ron Paul and others have suggested (and even Ron Paul has a habit of underestimating the expensiveness of government actions), our national debt could be about $14.6 trillion here pretty soon.

Mahkato
09-24-2008, 02:46 PM
$700 billion is nearly 2,000 times the largest Powerball payout in history.

Drknows
09-24-2008, 02:53 PM
I think our debt is way higher than anyone can imagine just like unemployment.


They fix these numbers so people dont go oh shit we better start investing somewhere else.

I wonder when the rest of the world will catch on. when will we stop being the worlds reserve currency?

gaazn
09-24-2008, 03:32 PM
I think Chinese and Japanese people will end up with part of the tab. When you end up lending someone a few trillion dollars, it is their interest not to let you fail.

misericordia
09-24-2008, 03:35 PM
My understanding is that when the derivatives go atomic, you can add 500+ trillion to those figures.

matthylland
09-24-2008, 03:37 PM
I was suprised to see CNN say the debt right now is 12.1 TRILLION
That is about 2 trillion more than I thought as well...but it was either a typo on the screen, or it is true.

reduen
09-24-2008, 04:46 PM
Really something to think about here huh?

reduen
09-24-2008, 09:51 PM
I'm thinking of making a bunch of flyers with this information on them and just posting them everywhere. I know these numbers are easy to arrive at but I figure most people do not even take time to realize them..

How effective do you folks think that this would be?

Indy Vidual
09-24-2008, 10:13 PM
I'm thinking of making a bunch of flyers with this information on them and just posting them everywhere. I know these numbers are easy to arrive at but I figure most people do not even take time to realize them..

How effective do you folks think that this would be?
Direct action is often better than posting on the Internet, and it can be fun too. :)

reduen
09-24-2008, 10:17 PM
I get ya, I just don't want to be waisting my time and money if people just really do not care or something like that..

reduen
09-25-2008, 07:51 AM
Ok, now that you have thought about this for a while. Think about it this way next:

For every Trillion Dollars the government commits to this bailout program, (Wait, I mean "Troubled Asset Purchase Program" and soon it will be referred to as a Troubled Asset Investment Program..) that means that the Federal Government could have cut you a check for $3,276.05 each.

Remember this is every individual in the United States. (Every man woman and child.)

1 Trillion = $3,276.05
2 Trillion = $6,552.10
3 Trillion = $9,828.15
4 Trillion = $13,104.20
5 Trillion = $16, 380.25
10 Trillion = $32,760.50

I don't know about you all but I could sure use the money right now...

FindLiberty
09-25-2008, 08:08 AM
What is all this talk about "debt"?

It's not something that needs to be paid back in full. (Though it may still be fatal.)

It's just a way to describe (some of) what has already been stolen from us (via inflation) and paid out to the fortunate few that are working for, or are directly paid by, the government.

The mind numbing future obligations portion is just a way of saying, "there's more of the same to come folks". Taxes can't go much higher than 55%, but the federal reserve inflation engine is just getting warmed up to really stick it to the rest of us, our own kids and our grandchildren via hyperinflation.

There is no escape.

We will need to reboot the system and only reload the Constitution BIOS.

Razmear
09-25-2008, 08:22 AM
Gee, maybe Israel will pay us back all those "loans" we gave them and save our economy.
Should I start holding my breath?

eb

Mahkato
09-25-2008, 08:24 AM
$10 trillion, at the current silver spot price of about $13.50 per troy ounce, is equivalent to about 23 million metric tons of silver. Pure silver has a specific gravity of 10.5 grams per cubic centimeter. If I've done my math right, 23 million metric tons would take up 2,190,476 cubic meters, which is a cube approximately 130 meters (426 feet) on each side. Or (still assuming I've done my math right, that's like a football field covered in silver to the height of 1,343 feet (about a quarter mile).

Anyone care to check my math?