So I'm just wondering who is to blame for this? (this should prove
entertaining from the partisan republicans!)

-----Original Message-----
From: [email protected] [mailto:[email protected]] On Behalf
Of Pete Theisen
Sent: Sunday, 15 February 2009 5:24 AM
To: ProFox Email List
Subject: Re: [OT] Federal Obligations Exceed World GDP

Bob Calco wrote:
> http://tinyurl.com/abpakw
> 
> - - -
> The $65.5 trillion total federal obligations under GAAP accounting not
only
> now exceed four times the U.S. gross domestic product, or GDP, the $65.5
> trillion deficit exceeds total world GDP.

Hi Bob!

As it should. So we could pay it back in, say, 20 years if we got 
everyone to work? On the other hand, Obama could just cook the books 
like C-man did and suddenly have a surplus.
-- 
Regards,

Pete
http://pete-theisen.com/
http://elect-pete-theisen.com/

[excessive quoting removed by server]

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