Posts Tagged ‘US’

They Almost Foreclosed on the United States on Christmas Eve


2010
01.11

n Dec 24th the Senate Voted to increase the Federal Debt Ceiling to 12,394 billion from an astounding 12,104 billion.  And three days later the debt suprsisingly rose $200 billion  over $150 billion over the old debt ceiling.  This vote was very close actually it had no votes to spare if one senator would of withheld or voted the other way our country would technically be in “Default.” So not a foreclosure but someday someone is going to ask for their money back!

Wow that just shows you what a financial problem our country is in. Each of us has our own part to play and getting your own financial house in order will be key to survival in the coming years. So that we dont have a horrible Christmas in a couple of years when the country or ourselves are going bankrupt.