This Is One Scary Clock

I have never seen this before and its scary to watch.

U.S. National Debt Clock : Real Time (http://www.usdebtclock.org/)

Actually I have seen a dept clock before just not one that breaks it out in details like this.

Another boogeyman in the closet.

Another boogeyman in the closet.

Except this one is real, and:

- is a major contributing factor in inflation

- is a major contributing factor to rising costs of borrowing money (interest rates go up)

- is the primary contributing factor to reduced yields on short term investments, such as money market funds

Governmental spending is the proximate cause of all of this and must be curtailed or the piper will come calling in the form of much higher taxes.

Another boogeyman in the closet.Except this one is real and has been put into over-drive by the current Administration's budget.

Bush = $ 500B deficit, pretty damn bad

Obama = $ 1.6T deficit (at a minimum), really, really, damn bad.

or for those iphone aficionados:

there's an app for that:
National Debt Clock - iPhone Apps, iPhone 3G apps and iPod touch Applications Gallery appsafari.com (http://www.appsafari.com/news/5591/national-debt-clock/)

Let me guess, you guys are afraid that the Chinese are going to enslave you when they come to collect the money that we owe them?

Shit, I should be afraid to cross the street too huh?

Let me guess, you guys are afraid that the Chinese are going to enslave you when they come to collect the money that we owe them?

Shit, I should be afraid to cross the street too huh?I couldn't care less about the Chinese as long as we have smarter, better weapons. However, I do worry about a serious tax increase and the financial burden being placed on my son, nephew, niece and eventual grand children. What is so wrong with the government only spending what it has to spend (Balanced Budget Ammendment). Did you look at the "Interest on the Debt" item, take that away and we can provide health insurane vouchers for millions of people (or smarter, better weapons like killer satellites).

Let me guess, you guys are afraid that the Chinese are going to enslave you when they come to collect the money that we owe them?

Shit, I should be afraid to cross the street too huh?
Still have checks in the checkbook? Must be ok to keep on writing them, right?

Still have checks in the checkbook? Must be ok to keep on writing them, right?

Don't use checks anymore. I know how to balance my budget, bank account, and mattress. I see the national debt is not preventing you from writing personal checks though.