If you look at the graph, "How the U.S. Got $14 Trillion in Debt and Who Are the Creditors", you will note that:
9.5 trillion was accumulated during the George W. Bush, George H. W. Bush and Ronald Reagan Republican Administrations. 3.8 trillion was accumulated during the Barack Obama and Bill Clinton Democratic Administrations. 1.0 trillion was accumulated prior to the Reagan Presidency. 14.3 trillion total Regards, LelandJ On 08/31/2011 07:24 PM, lelandj wrote: > http://www.pbs.org/newshour/rundown/2011/07/the-us-debt-crisis-in-charts.html > > http://www.nytimes.com/interactive/2011/07/28/us/charting-the-american-debt-crisis.html?src=ISMR_AP_LO_MST_FB#panel/when-money-will-run-out > > Regards, > > LelandJ > > On 08/31/2011 06:56 PM, Nicholas Geti wrote: >> It still doesn't add up. The TARP is talking about a few hundred billion. >> Where is the rest of the $14trillion? >> ----- Original Message ----- >> From: "Carl Lindner"<[email protected]> >> To: "'ProFox Email List'"<[email protected]> >> Sent: Wednesday, August 31, 2011 7:33 PM >> Subject: RE: [OT] Some scary events in Republican party >> >> >>> http://online.wsj.com/article/SB10001424052748703509404575300502253092016.ht >>> ml >>> >>> -----Original Message----- >>> From: [email protected] [mailto:[email protected]] On Behalf >>> Of Carl Lindner >>> Sent: Wednesday, August 31, 2011 7:31 PM >>> To: 'ProFox Email List' >>> Subject: RE: [OT] Some scary events in Republican party >>> >>> a lot of money was paid back - I wonder where it went >>> >>> -----Original Message----- >>> From: [email protected] [mailto:[email protected]] On Behalf >>> Of Nicholas Geti >>> Sent: Wednesday, August 31, 2011 6:26 PM >>> To: ProFox Email List >>> Subject: Re: [OT] Some scary events in Republican party >>> >>> If the TARP made money, why is the deficit projected to be in the hole by >>> $14 trillion over the next ten years. Something is not adding up. >>> >>> >>> ----- Original Message ----- >>> From: "graham dobson"<[email protected]> >>> To: "ProFox Email List"<[email protected]> >>> Sent: Wednesday, August 31, 2011 1:27 PM >>> Subject: Re: [OT] Some scary events in Republican party >>> >>> >>> >>> >>> others to follow. How's this for starters: the biggest event is the >>> bailouts >>> giving to bankers and wall streeters. Trillions of dollars wasted with no >>> >>> The bail outs are likely to cost a fraction of the initial figures. The >>> government has actually made money selling GM and AIG shares. Also TARP >>> the >>> original bail out plan was drawn up by Hank Paulson, Bush's Treasury >>> secretary, not Obama. There are Nobel prize winning economists who feel >>> the >>> best way forward for America is to spend more money on infrastrucure and >>> raise taxes on the most wealthy (money that needs to be put to work rather >>> than saved as it is now) both of which are Obama ideas that will probably >>> never happen because of Republican resistance. >>> >>> >>> >>> >>> [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
