Saturday, January 05, 2013

So papa, how do you like the iPad we got you?

Oh, those wacky Germans, Europe's cutups...

 

Catastrophe in the Age of Incompetence

Are we a nation ruled by laws, or has our government been taken over by a group of modern-day marquis and baronettes who simply pretend to govern, while robbing us blind? On this week's Afterburner, Bill Whittle likens the recent "fiscal cliff" crisis to kabuki theater. So how can one person come out on top in such a system? Find out. (PJTV)

Or, just a goat rodeo?

Friday, January 04, 2013

Unemployment Up to 7.8%, Debt at $16,432,706,000,00,000

Despite unemployment and debt, the US government borrows $50,000/second to spend more.
Figures on government spending and debt (last six digits are eliminated [I've added the last six digits - IR]). The government's fiscal year runs Oct. 1 through Sept. 30.
Total public debt subject to limit Jan. 3 =  $16,392,475,000,000
Statutory debt limit =  $ 16,394,000,000,000
Total public debt outstanding Jan. 3 =  $16,431,219,000,000
Operating balance Jan. 3 =  $62,789,000,000
Interest fiscal year 2013 through November =  $47,959,000,000
Interest same period 2012 =  $44,001,000,000
Deficit fiscal year 2013 through November =  $292,107,000,000
Deficit same period 2012 =  $235,769,000,000
Receipts fiscal year 2013 through November =  $346,045,000,000
Receipts same period 2012 =  $315,474,000,000
Outlays fiscal year 2013 through November =  $638,152,000,000
Outlays same period 2012 =  $551,243,000,000
Gold assets in December =  $11,041,000,000