Tuesday, January 31, 2012

Factoid of the Day

Via Reformed Neocon (the best kind, btw) Zakaria's GPS site , who tells us just where US public debt is held.

  • Hong Kong: $121.9 billion (0.9 percent)
  • Caribbean banking centers: $148.3 (1 percent)
  • Taiwan: $153.4 billion (1.1 percent)
  • Brazil: $211.4 billion (1.5 percent)
  • Oil exporting countries: $229.8 billion (1.6 percent)
  • Mutual funds: $300.5 billion (2 percent)
  • Commercial banks: $301.8 billion (2.1 percent)
  • State, local and federal retirement funds: $320.9 billion (2.2 percent)
  • Money market mutual funds: $337.7 billion (2.4 percent)
  • United Kingdom: $346.5 billion (2.4 percent)
  • Private pension funds: $504.7 billion (3.5 percent)
  • State and local governments: $506.1 billion (3.5 percent)
  • Japan: $912.4 billion (6.4 percent)
  • U.S. households: $959.4 billion (6.6 percent)
  • China: $1.16 trillion (8 percent)
  • The U.S. Treasury: $1.63 trillion (11.3 percent)
  • Social Security trust fund: $2.67 trillion (19 percent)

From a quick read it looks like the American People are the biggest holders of US Debt. And if the Teahadists got their way, back in August with threats to default on the Nation's Bills, they - the Teahadists - would end up defaulting on America and her people.

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Stay the Course

Stay the Course
He's Probably got the hang of it by now. So give'em another chance. And with the Supreme Court and the good Lord on his side, why not give it a try. Write in Bush.