The Vail Spot: GDP

Nemo me impune lacessit

No one provokes me with impunity

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No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.

Article 1, Section 9, Constitution of the United States

If this is the law of the land...why in a republic (little r) and as republicans, do we allow mere POLITICIANS to the right to use a "title of office" for the rest of their lives as if it were de facto a patent of nobility. Because, as republicans, this should NOT be the case...just saying...

Showing posts with label GDP. Show all posts

Wednesday, June 09, 2010

Debt To Hit 15.9 Trillion Dollars in 2015

Reuters is reporting that Treasury Dept "officials" have said that the national debt will hit $15,900,000,000,000.00 by 2015. This will nearly double the debt we had when Mr. Obama took office...Hope and Change...change the nation into a 3rd world country. That's almost 75% of the GDP. Greece has hit the skids with nearly the same ratio of debt to GDP...so will we.