The news you're not supposed to know...

Austrian Economics: Understand Economics, Understand the World
The Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility

The Obama Deception: The Mask Comes Off
Operation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
Article posted Oct 15 2012, 1:59 AM Category: Economy Source: Print

2012: Another Year Older and Deeper In Debt

by Tom Blanton

The 2012 budget year for the federal government ended on September 30, 2012 leaving each and every one of 314,576,911 people in America (as estimated by the Census Bureau on October 14, 2012) in debt for $51,072.54. According to Treasury Department figures, the National Debt on September 30, 2012 was $16,066,241,407,385.89 and on September 30, 2011 it was $14,790,340,328,557.15, indicating an increase in the National Debt of $1,275,901,078,828.74 - or $4,055.98 for every man, woman and child in America. Recent reports in the news cite government estimates of $1.1 trillion for the 2012 deficit, but it is likely that the government and news agencies lack a super computer capable of the advanced arithmetic such as the one I used. It is also possible that the $1,275,901,078,828.74 was rounded down to $1.1 trillion using new political math.

Full Article

Latest Economy
- VIDEO: Clueless Californians Have No Idea the Price of 100oz Silver Bar
- Once More: The TPP Agreement Is Not a Free Trade Agreement, It's a Protectionist Anti-Free Trade Agreement
- Truck Vendors Must Ask Permission From Competitors to Do Business
- Uber's Peaceful Revolution
- Failure to Launch
- Federal Government Pay Exceeds Most Industries
- Right Now There Are 102.6 Million Working Age Americans That Do Not Have a Job
- Canada Wants To Cut Price Of 'World's Most Expensive Drug'; US Manufacturer Sues To Stop It

No Comments Posted Add Comment

Add Comment


Verification *
Please Enter the Verification Code Seen Below

Please see our About Page, our Disclaimer, and our Comments Policy.

This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the DMCA and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy

Advanced Search


Remember Me
Forgot Password?

Daughter Calls 911 to Help Suicidal Mother, Cops Shoot Her by Mistake, Then Kill Her Mom - 10/12VIDEO: Roid Raging Cop Chokes and Body Slams Sports Fan For No Reason - 10/12VIDEO: Police Officers "Protect a Serve" a Computer Science Student -- to Death - 10/12Cop Shoots Family's Dog, Accidentally Hits 4-Year-Old Girl, Leaves Scene Without Helping - 10/1216-Yr-Old & His Mom Tazed & Arrested After Boy's Waving at Cop Deemed 'Suspicious' - 10/09Drone Operator Seen Schooling Cop In Viral Video Arrested For Crashing Drone Into Capitol - 10/12Mom Violently Attacked by Cop While Picking Daughter Up From School, For Parking On The Grass - 10/12The Mystery of ISIS' Toyota Army Solved - 10/09

Man Follows Speeding Cop, Finds Out He Was Speeding To Buy PeanutsMission Creeps: Homeland Security Agents Confiscate Women's Panties For 'Copyright Infringement'Cop Shoots Couple's Dog, Threatens Jail For Trying To Save Dog's LifeSWAT Team Shoots Teen Girl & Her Dog During Pot Raid On Wrong HomeDurham, NC Cop Testifies Faking 911 Calls To Enter Homes Is "Official Policy"Indiana Sheriff Says US A "War Zone" To Justify New MRAP Military VehicleTampa Cops Surveil Pot Dealer, Catch Him Selling Pot, Raid His Home & Kill Him"You Just Shot An Unarmed Man!": Witness Says Police Shot His Friend With His Hands Up