Saturday, January 03, 2015

US Debt Soars By $100 Billion On Last Day Of 2014, Hits Record $18.14 Trillion


(Zero Hedge) It seems like it was only yesterday when we reported that, in yet another sleight of hand for the US Treasury and Social Security Administration, US debt rose by $32 billion on the last day of November sending total US debt above $18 trillion for the first time ever. As we further noted, it also meant "that total US debt has increased by 70% under Obama, from $10.625 trillion on January 21, 2009 to $18.005 trillion most recently."

Fast forward to today when we are happy to report that according to the US Treasury, America's debt-funded spending spree, while supposedly slowing down if looking at the declining monthly budget deficit report, never actually has.

Read full article here.

1 comments:

Happy Chappy said...

Unlike this video which comes to an abrupt end, I have seen extended versions where the youth appears to raise his arm as if to about, or actually fire a weapon. In that case one would think the police have every right to defend themselves. The US obviously has a problem with it's police but I do find these little acorns that RT drops a little ironic when Russia itself is riddled with corruption on a gigantic scale, reaching right to the top. It would be interesting if we could occasionally see RT reporting on the Russian Mafia and how corruption permeates through every section of Russian society, but of course we won't because RT is really just a propaganda tool of the Russian state just as I suspect this website is.

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