You are currently browsing the daily archive for August 1, 2011.

Even after Congress acts, one way or the other, the U.S. will still have a national debt on the order of $20 trillion.

How much is that? Try 100 times the supposed $200 billion in gold bars hidden away at Fort Knox, Kentucky. Of course, there hasn’t been an independent audit of the remaining gold at Fort Knox for 50 years, thanks to Congress, and we went off the gold standard many years ago.

There’s nothing behind our national debt now but us. Anyone want to pass the hat?

August 2011
S M T W T F S
 123456
78910111213
14151617181920
21222324252627
28293031  

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 1,946 other followers