Interesting little comment:
"According to the U.S. Treasury Department, America's first 42 Presidents, from George Washington (1789) to Bill Clinton (2000), borrowed a combined total of $1.01 trillion from foreign governments and financial institutions. From 2000 to 2006, the Bush White House has borrowed $1.05 trillion alone. Yes, that means we have borrowed in the last 5 years what we had previously borrowed in the first 211 years of our country."
From:
http://finance.yahoo.com/columnist/arti ... icher/4353
Well, this doesn't take into account other issues such as personal debt, corp debt, M3, interest...
Geezzzz... it kind of makes you think... Bush did a few business bankrupties, so now he has brought this country wide...
So I ask, why did Bush take such a risk? I think because Peak Oil, we are going for broke here...




