Friday, April 24, 2009
the national debt
Did you know that the interest alone on our national debt is $100 million every two hours, seven days a week, 365 1/4 days a year? That is $833,333 a minute that goes out the window into the bottomless pit that is our interest only national debt. Our gov't owes that much in interest every moment, prodominently to China and other not-so-friendly lenders. I sure could use a bail out for just 1 minute of interest only on our national debt.
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