They owe: $12,245,872,000,000

[tpreitzel]

No, WE owe as a result of THEIR irresponsibility. Finally, THEIR irresponsible actions are a result of OUR irresponsibility in enforcing accountable government.

http://finance.yahoo.com/news/Figures-on-government-apf-2178072020.html?x=0&.v=2 (http://finance.yahoo.com/news/Figures-on-government-apf-2178072020.html?x=0&.v=2)

[Original_Intent]

No, they owe it, your ass is just the collateral.

[tpreitzel]

No, they owe it, your ass is just the collateral.

No, WE owe it. However, the FORMS of payment can vary. ;)

[MelissaWV]

I would like to pay in National Parks and pennies, please.

[bkreigh]

(the last six digits are eliminated)

When you read that, you know it is never going to be good.

[Danke]

No, WE owe it. However, the FORMS of payment can vary. ;)

I like the way you think.

[dannno]

I would like to pay in National Parks and pennies, please.

We'd get a better deal if we melted down the pennies and paid in copper.

[Mini-Me]

I'd like to just erect a fence around Washington, D.C. and hand the whole thing over...after extracting a few worthwhile historical documents. That should settle the matter. ;)

[Reason]

Jericho here we come

that will erase the debt

[MelissaWV]

I'd like to just erect a fence around Washington, D.C. and hand the whole thing over...after extracting a few worthwhile historical documents. That should settle the matter. ;)

Sadly, it wouldn't. Actually, it wouldn't settle much of anything. The land itself is swampy and not good for much. The overuse of the geographic area is unsettling, and I'm guessing we probably wouldn't clean it up before we leave.

[Mini-Me]

Sadly, it wouldn't. Actually, it wouldn't settle much of anything. The land itself is swampy and not good for much. The overuse of the geographic area is unsettling, and I'm guessing we probably wouldn't clean it up before we leave.

After they monetize the debt, the money won't be worth anything either, so it all works out. Plus, the politicians, bureaucrats, and lobbyists inside have to be worth something on the black market... ;)

[fatjohn]

Update 12,323,606,000!

[fatjohn]

Update 12,323,608,000!!

[fatjohn]

Update 12,323,611,000!!!

[mczerone]

How many real and implicit Federal Reserve Notes are there?

Who owns these debts (i.e. who needs to be paid)?

What is the payment plan?

[lx43]

With unfunded liabilities its well in excess of $100 trillion.