Swallow all liquids in your mouth before reading any further.
Updated numbers for the national debt are just out: It's now $14,639,000,000,000.
When Barack Obama took the oath of office twice on Jan. 20, 2009, CBS' amazing number cruncher Mark Knoller reports, the national debt was $10,626,000,000,000.
That means the debt that our federal government owes a whole lot of somebodies including China has increased $4,247,000,000,000 in just 945 days. That's the fastest increase under any president ever.
Remember the day the Democrat promised to close the embarrassing Guantanamo Bay Detention Facility within one year? That day the national debt increased $4,247,000,000. And each day since that the facility hasn't been closed.
Same for the day in 2009 when Obama flew all the way out to Denver to sign the $787 billion stimulus bill that was going to hold national unemployment beneath 8% instead of the 9.1% we got today anyway? Another $4,247,000,000 that day. And every day since, even Obama golfing and vacation days.
Same sum for the day Obama flew Air Force One nearly four hours roundtrip to Columbus, Ohio for a 10-minute speech about how well the stimulus was working in the politically crucial Buckeye state. Ohio's unemployment rate just jumped to 9% from 8.8% anyway.
Or last week's three-day Midwestern tour in the president's new $1.1 million Death Star bus? National debt went up $16,988,000,000 while he rode around speaking and buying ice cream cones.
Numbers with that many digits are hard to grasp, even for a Harvard head. So, let's put it another way:
One billion seconds ago Bill Clinton was nearing the end of his two terms and George W. Bush's baseball collection was still on the shelves in the Austin governor's office.
The nation's debt increased $4.9 trillion under President Bush too, btw. But it took him 2,648 days to do it. Obama will surpass that sum during this term.
Now, how to portray a trillion, or 1,000 billions. One trillion seconds ago much of North America was still covered by ice sheets hundreds of feet thick. And the land was dotted by only a few dozen Starbuck's.
Obama is saying yes, we can get control of the national debt. But ominously every time he says that he adds that trillions of dollars in infrastructure repairs are badly needed across the country. And with interest rates so low, according to the thinking on Obama's planet, now is an excellent time to borrow even more money.
So, it looks like not too long before Americans learn what comes after 1,000 trillions.
It's quadrillion. But for Bernanke's sake, please don't tell anyone in Washington.
http://latimesblogs.latimes.com/washington/2011/08/obama-national-debt.html
KING 'MONUMENT TO GREED'
WASHINGTON -- The Rev. Martin Luther King Jr.'s family has charged the foundation building a monument to the civil-rights leader on the National Mall about $800,000 to use his words and image -- and at least one scholar thinks that Dr. King would find such an arrangement offensive.
The memorial is being paid for almost entirely through a fund-raising campaign led by the Martin Luther King Jr. National Memorial Project Foundation.
"I don't think the Jefferson family, the Lincoln family [or] any other group of family ancestors has been paid a licensing fee for a memorial in Washington," said Cambridge University historian David Garrow, author of a Pulitzer Prize-winning biography of Dr. King. ". . . [He would've been] absolutely scandalized."
Financial documents revealed that the foundation paid $761,160 in 2007 to Intellectual Properties Management Inc., an entity run by the King family. They also showed that a $71,700 "management" fee was paid to the family estate in 2003.
http://www.nypost.com/p/news/national/item_4DTe3bj9QcHd7Y2Hpvmp1O#ixzz1Vvsj8Y24
It is amazing the difference between two people from the same state, the video's are priceless if you go to watch them.
Dem Congresswoman Blames Black Unemployment On "Racism"
"When you look at African American males, 40% of them are unemployed, those under 30 years of age. I understand exactly the entire nation must be involved in this recovery but the black community is experiencing a great recession. That's what we're experiencing," Rep. Frederica Wilson (D-FL) told MSNBC.
"And all of the growth in the past 30 years, we see it slipping away. From home ownership, the middle class; it's slipping away from our hands. And it has a lot to do with many issues. Racism, shipping jobs overseas, access -- no access to technology. You know, the digital divide is there and many of the new jobs that's what it requires. So, we have a problem."
http://www.realclearpolitics.com/video/2011/08/23/dem_congresswoman_blames_black_unemployment_on_racism.html
"I think he's shredding his responsibilities as the president, and his respect and regard of the Constitution," Rep. Allen West (R-FL) said in an interview with the conservative publication Newsmax.
In an exclusive Newsmax.TV interview, West cited Homeland Security Department chief Janet Napolitano’s announcement last week that the federal government will allow illegals not charged with other crimes to remain in the country and will not deport them.
“It’s absolutely a form of amnesty, and it does go against our Constitution,” says West, who called for a congressional investigation into the administration action.
West is confident he won’t lose the support of the tea party base following his vote in favor of the compromise that raised the debt ceiling. He explained to grass-roots conservatives that it is not realistic to expect to get 100 percent of what they want until the current political balance changes in Washington.
http://www.realclearpolitics.com/video/2011/08/23/rep_allen_west_obama_is_shredding_the_constitution.html
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