FMBI Posted October 1, 2008 Report Posted October 1, 2008 (edited) OWNED We'll see if this prompts an even worse panic now. Spoiler! --Click here to view--POLITICS ALERTSpoiler! --Click here to view--It'll be interesting to see how this affects the presidential race. Taken honestly, it should back up Obama, since he's much closer to reality than McCain - but all McCain has to do is paint him as a "tax and spend liberal" and, no matter how much more realistic his balance sheet is, he'll lose support. God bless our naive little heartlanders. Edited October 1, 2008 by Finland My BorgInvasion
AstroProdigy Posted October 2, 2008 Report Posted October 2, 2008 We also took on the 6 trillion dollars of debt from Freddie Mac and Fannie Mae but won't report it.
AstroProdigy Posted October 3, 2008 Report Posted October 3, 2008 HereOn the other hand, their combined debt is equal to 46 percent of the current national debt.
Bak Posted October 4, 2008 Report Posted October 4, 2008 eh... sometimes the yearly budget shortage is referred to as the national debt... gimme another one
AstroProdigy Posted October 5, 2008 Report Posted October 5, 2008 Umm no. A budget shortage is debt. If you can't pay for something it goes into your debt. Fancy accounting practices under Bush (and unfortunately Clinton too) don't change that.
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