We've Broken The Debt Clock (VIDEO)

In a troubling sign to say the least, the financial crisis has forced the U.S. to take on so much more debt that we have broken the clock in midtown that tracks the national debt.

Comments

[MIKEBC]

THIS IS THE MESS THE CONSERVATIVES HAVE GIVEN US.

[Enid]

JUST LIKE WITH MONOPOLY.

START A NEW GAME?

[AtomiClash]

Sure, but who's going to throw the tantrum and knock over the board first?

[NoFreedomOfSpeechHere]

I dont understand this americans. why they dont buy wristwatch? It look nice and be more smaller.

[Enid]

the wristwatch work you just have to know how to read it

12 gazillion
one trillion
2 billion
3 million
4 hundred thousand
5 thousand
6 hundred
7
8 dollars
9
10 9 9 cents
11 mills (one hundredth of a cent )

[WIpatriot]

why am I laughing at this???

[Destin]

You had to know that when they name an oil tanker after the secretary of state, that there was financial misdealings going on rampantly at every level of the government.

And I still wonder why not one news network has ever investigated Bush's appointments of his ethics lawyer Nanette Rutka-Everson to General Consul of the Commodities Futures Trading Commission while at the same time her husband has been serving as the IRS Chairman and whom was appointed AFTER she was. She used the excuse of "stepping down to spend more time with family" when she left her post as White House ethics lawyer. 5 months later she's the General Consul of the CFTC with her husband's appointment to the IRS right after.

I want to know if they have anything to do with the oil price manipulation that has taken place the past 3 years?? After all, that is the world's most heavily traded commodity on the CFTC.

[armadillious2002]

This is what happens when you have massive corporate tax cuts while waging two wars. Economics 101. Money has to come from somewhere - Where? It's all borrowed from foreign countries. We're screwed. The repubs got their way and the whole world lost.

[GrainOSand]

If these are the "end times" they are not upon us due to monetary insolvency but due to moral bankruptcy which stimulated the credit crunch which people are saying is a crisis of confidence or faith; how appropriate. Greed begot accelerated risk, which begot increased leverage, which begot a bubble, which begot increased development and overvalued real estate, which begot a glut, which begot a bursting bubble, which begot heartache as people drowned in debt, stopped paying, and lost their home, which begot margin call or bank runs, which begot attempted government intervention or corporate bankruptcy, which begot "end of economic powerhouse times", which may beget starvation in the streets, energy wars, civil unrest, and all sorts of other nasty little components of societal demise. It all traces back to a moral collapse as represented in the ubiquitous characteristic of greed.

It also could be part of the plan to spur massive die-off so that there can be more for less. Do not get caught on the wrong side of massive die-off.

Or...

The fundamentals of the economy are sound and our problem is really psychological instead of financial and people are guilty of whining.

I can live or die with either -- can you? The key is the serenity prayer where acceptance is defined. Handle what you can and do not worry about the rest that lies beyond your control to address.

[WIpatriot]

I can.

[GrainOSand]

Now we move on to question two, what of our neighbors? This is my great concern for all is not me and me is not all and one is part of everyone.

[dadw5boys]

PUT THE NATIONAL DEBT ON BUSH'S CREDIT CARD !!!!!

[MMIIXX]

seize the assets of the criminals and pay down the national debt ...bush,cheney,rumsfield,rice,etc.

[jasonking1]

It doesn't matter if they are a Republican or Democrat. In the past 50 years, In the entire history of the presidential debates from 1960-2008.. the POLITICIANS promised us ONE THING and then when elected gave us ANOTHER THING. I just saw a AMAZING DVD called Presidential Debates Gone Wild where they have all the greatest and outrageous moments in Presidential debates history all edited down on 1 DVD. This DVD should be required viewing for all Junior High and High school students. Check it out at www.presidentialdebatesdvd.com

[darthdarcy]

If you watched the hearings today in Congress you'd know there is a $63 Trillion dollar hole in the bucket...so to speak, not including this other $10 Trillion..!

[WIpatriot]

Think they need a new clock with THREE extra didits, dd??

[crazylikeafox]

Get the money from who has it, the rich.

[joebaggadonuts]

It kinda turns Sutton's Law on its head now, don't it, now that money ain't them pieces of paper no more? Credits in a magnetic memory somewhere just ain't the same thing, is it?

http://en.wikipedia.org/wiki/Willie_Sutton

[biwee]

Did not COWARD Cheney say that Reagan proved deficits did not matter??
Guess the doubling of the national debt in just 8 years is just fine with the phony conservatives
called Republicans.

[Happylib]

Everyone can stop worrying..To quote Dick Cheney: "Reagan proved deficits don't matter." So everyone, sit back, relax...if Cheney says something will be easy you know thats true.

[ibsteve2u]

I would feel better if Rumsfeld had said it. His predictions were oh so much more dependable.

[WIpatriot]

That's just 'cuz the truth slipped out when he wasn't spinning, steve.

[peterg76]

Just wait until the hyperinflation....

[InstantDogma]

To those of you supply-siders out there who wanted a free-market...
How'd that turn out?
Steve

[dolphy]

Ask Milt.