Monday, July 23, 2007

Video - Restore the Trust

Well, mine was not among the selected video questions during tonight's Presidential debate for the Democratic candidates, but I still think the American people deserve an answer...

As of June 30, 2007, politicians have borrowed $1.959 trillion out of the Social Security trust fund, even though this money will be necessary to pay out retirement benefits in future years. How, if ever, do they intend to pay this money back?

Download Video: Restore the Trust - Debate Question (MP4 - 7.9 MB) | YouTube Version

Sources:

TreasuryDirect - National Debt to the Penny
The total national debt as of July 13th, 2007: $8,877,766,570,437.56

Monthly Statement of the Public Debt - June 30, 2007 (PDF)
(page 9, "Federal Old-Age and Survivors Insurance Trust Fund")

posted by Adam at 11:33 PM. [Link]

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E. Pluribus Unum: Out of Many, One...

This is the United States of America. Yes, we've got problems, and yes, we've got challenges. But if you look back over the history of this great nation, there have always been problems; there have always been challenges. Yet together there is no problem we cannot solve; no challenge we cannot overcome. This is the United States of America, and it's time we lived up to our name!

U.S. National Debt:

$12,144,893,016,570.46

U.S. Population:

308,403,902

‘My Share’ of the National Debt:

$39,379.83

Amount I'm Currently Financing:

$17,023.43

Percentage of ‘My Share’ Financed:

43.2%

updated January 1, 2010 at 11:30AM CST.

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Adam - aflorzak@gmail.com

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