Every US household is in Govt Debt for $1 million


	Every US household is in Govt Debt for $1 million

leevardi

9-15-2009 6:00 AM

43 views

leevardi says:

........thats OK....it'll get paid off over the next 429 years

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/03716db8-81c0-4042-8c3e-f5bed5d20743/D8AA17A4-51B1-4801-8DA7-D3CECC8891EE/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.moneyandmarkets.com/passionate-plea-from-asia-35424" href="http://www.moneyandmarkets.com/passionate-plea-from-asia-35424" style="font-size: 11px;">www.moneyandmarkets.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moneyandmarkets.com/passionate-plea-from-asia-35424"><FONT face="Verdana, Arial, Helvetica, sans-serif">We are now the laughing stock of Asia.  Our dollars are no longer respected; our ambitions, no longer mimicked. </FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moneyandmarkets.com/passionate-plea-from-asia-35424"><P><FONT face="Verdana, Arial, Helvetica, sans-serif">Our way of life, often based on consuming far beyond  our means, is being flat-out rejected.</FONT></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moneyandmarkets.com/passionate-plea-from-asia-35424"><P><FONT face="Verdana, Arial, Helvetica, sans-serif">I can’t even exchange a $100 bill on the street here anymore:  Most of the street money changers will take euros, Singapore dollars, even Chinese  yuan. But fearful of losing their shirt with sinking exchange rates, they don’t  want U.S. dollars. </FONT></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moneyandmarkets.com/passionate-plea-from-asia-35424"><FONT face="Verdana, Arial, Helvetica, sans-serif">Not long ago, I never traveled without my American  Express card. Now, it sits in my office safe. Many in Asia  no longer accept the card anymore. MasterCard and Visa are still OK, but  they’re also losing market share to locally grown cards like Aeon.</FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moneyandmarkets.com/passionate-plea-from-asia-35424"><FONT face="Verdana, Arial, Helvetica, sans-serif">The running joke in Singapore,  Hong Kong, Bangkok, and Kuala   Lumpur is that the U.S.  is the place where even your pet could get a credit card or a home mortgage. </FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moneyandmarkets.com/passionate-plea-from-asia-35424"><P><FONT face="Verdana, Arial, Helvetica, sans-serif">Grand total: Each and every household in America is  indirectly responsible for a debt burden of over 1 MILLION DOLLARS!</FONT></P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/D8AA17A4-51B1-4801-8DA7-D3CECC8891EE/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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