View Full Version : Maxing Out the National Debt Clock (USNews)
View Full Version : Maxing Out the National Debt Clock (USNews)
DrewWilson
October 26th, 2008, 03:54 PM
Are you surprised? Times Square's National Debt Clock, which has been tallying up money owed by the U.S. government since 1989, is running out of spaces.
In September 2008, the digital dollar sign was eliminated to make way for an extra digit—the "1" in $10 trillion (the national debt is currently $10.2 trillion). Now, a new clock is in the works that will make room for a quadrillion dollars of debt, according to the Associated Press. Anticipated completion is early 2009.
More... (http://www.usnews.com/blogs/new-money/2008/10/09/maxing-out-the-national-debt-clock.html)
In order to solve this problem, they intend to... borrow more money. -.-
Crashtard
October 26th, 2008, 06:29 PM
Sounds like we need to print more money to keep up. Or stop throwing money into a fire.
thelastfreeman
October 26th, 2008, 06:38 PM
Sounds like we need to print more money to keep up. Or stop throwing money into a fire.
No if we did that enough, it would solve the problem.
Mels_Smileys45
October 26th, 2008, 07:26 PM
Just think, Clinton had the clock set back to zero, now look at it! Those Democrats and their horrible spending! Uh huh. Reaganomics are dead as disco.
shawners
October 26th, 2008, 08:03 PM
I could stop the national debt. USA needs to be ran as a business. I Say sell nuclear weapons for billions of dollars to the mid east.. And when they destroy each other, claim the land and oil as well as made billions from selling nuclear weapons. Its simple. Remove all personal troops, cut governement spending and cutting the war out would bring a surplus of money our way.
cheapprick
October 26th, 2008, 08:22 PM
That's more retarded than usual.
Mels_Smileys45
October 26th, 2008, 08:34 PM
That's more retarded than usual.
I was holding my tongue! lol
JUEJA
October 27th, 2008, 07:35 AM
as long as only numbers are replaced.... But are it really only numbers?
thelastfreeman
October 27th, 2008, 08:10 AM
Actually they are. Treasury reserves only back up about 10% of the currency floating around. So it really is just numbers on bank accounts, etc.
shawners
October 27th, 2008, 11:08 AM
That's more retarded than usual.
Not really, thats what American business men are doing. Their is arms dealers in the US.. Just that if we the gov create it, it can be modified to have a glitch in it or have a kill switch to unarm the bomb. They already are killing each other, and its a vicious cycle. You bomb my mom, ill bomb your mom and back and fourth. This way we all can enjoy the fireworks from a far. And we wouldnt spend billions on US troops being deployed.
Now we did supply Afghanistan with weapons and military equipment when russia was invading them. So its been done before. This time its just bigger equipment changing hands.
cheapprick
October 27th, 2008, 07:48 PM
For as much as U.S. arms dealers are evil fucks they have yet to be stupid enough to sell current-generation weaponry to potential enemies. None would sell weapons that, one bright sunny day out of the blue, could end the American civilization.
Look at Russia at the collapse of the U.S.S.R.
Some in the West were concerned that there would be the a dozen new little nuclear-powered countries. Russia was having none of that shit. They knew they would be quite high on the "soon to glow" list so they scooped up the weaponry as they waved goodbye.
Mels_Smileys45
October 28th, 2008, 02:22 AM
For as much as U.S. arms dealers are evil fucks they have yet to be stupid enough to sell current-generation weaponry to potential enemies. None would sell weapons that, one bright sunny day out of the blue, could end the American civilization.
Look at Russia at the collapse of the U.S.S.R.
Some in the West were concerned that there would be the a dozen new little nuclear-powered countries. Russia was having none of that shit. They knew they would be quite high on the "soon to glow" list so they scooped up the weaponry as they waved goodbye.
Thats up for debate I guess. Ive heard that a lot of Russian surplus did hit the black market when they went ass up. Known chemical weapons facilities exist but no one knows where some of the scientists that worked at these places went. They vanished off the map. Some of the scientists left have stated they have been approached by foreign countries to develop more chemical weapons. Im sure some took them up on their offers.
badcaffeine
October 29th, 2008, 10:43 AM
.....
Now we did supply Afghanistan with weapons and military equipment when russia was invading them. So its been done before. This time its just bigger equipment changing hands.
And supplied Iran with weapons from Russia... As for when the ruskies went 'tits up', most of their 'surplus' (anything and everything must go) was just put on the auction house chopping block! Hell, a LOT of it can still be bought today (just poke around google long enough and you'll find a few sites... pick up only please). :P
My opinion on the debt clock, back to the OP, is that it all really wouldn't be so bad if we didn't have so much foreign involvement! Our spending outside our country has hit the ridiculous (ludicrous speed?!) level! Foreign investors own such a LARGE chunk of our own economy that what was once intended to help us has only hurt us (a LOT) in the end... Look at Japan, to own land there, you MUST be a national. If you aren't you can only control a lesser percentage of the land (something like 40% or less)... Their policies are so paranoid when it comes to the rest of the world putting their collective hands into the Japanese pie that they come out on top because of it! (which, imo, is why it was designed as such and wasn't just some paranoid hermit's accidental genius)