Congratulations! You Owe Ten Trillion Dollars!!!

Yes you read that right. No, you don't have to buy any magazines for that prize. Our nation is now saddled with over ten trillion dollars in debt and the number continues to grow and the rate of increase is moving higher and higher. When Clinton left office it was less than $6 trillion, which was lower than when Bush I left. Now Bush has got a real mark on his record and within a few months of his departure.

From The Swamp:

There were no fireworks so a lot of people probably missed it. We even forgot to mention it here on The Swamp when it happened though we saw the reports. Anyway, on the last day of September, the national debt hit $10 trillion plus.

President Bush signed legislation in July that raised the debt ceiling to $10.615 trillion. Meanwhile, the financial bailout legislation passed by the Senate last night would raise the debt ceiling further to $11.315 trillion.

Click on the article for the charts of how the history of our debt has changed in the last seventy years. It's really rather pathetic. When are politicians going to understand that you cannot keep borrowing obscene amounts of money to prop up false ideologies (like conservatism) to put a happy face on for the public?

It. Just. Doesn't. Work.....Damnit!