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Total US Debt so far: $301 Trillion dollars. $1.5M per person

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-From: Robert Busser
To:
Sent: Sunday, April 12, 2009 4:55 AM
Subject: [frameup] Total US Debt so far: $301 Trillion dollars. $1.5M per person
 

all with the latest data

9.8T in bailouts

http://www.bloomberg.com/apps/news?p...d=aGq2B3XeGKok

11T in government debts

http://www.brillig.com/debt_clock/

17T in corporate debts

http://www.nytimes.com/2009/04/04/bu...charts.html?em

1T in credit card debts

http://www.opposingviews.com/article...edit-card-debt

11T in mortgages

http://www.bloomberg.com/apps/news?p...d=aGq2B3XeGKok

52T in social security/medicare obligations

http://www.bio-medicine.org/medicine...rkers-31244-1/

Like other government trust funds (highway, unemployment insurance and so forth), the Social Security and Medicare Trust Funds exist purely for accounting purposes: to keep track of surpluses and deficits in the inflow and outflow of money. The accumulated Social Security surplus actually consists of paper certificates (non-negotiable bonds) kept in a filing cabinet in a government office in West Virginia. These bonds cannot be sold on Wall Street or to foreign investors. They can only be returned to the Treasury. In essence, they are little more than IOUs the government writes to itself.

http://www.ncpa.org/pub/ba616

200T in derivatives in banks

http://www.occ.treas.gov/deriv/deriv.htm

Not including derivatives; 101T. including it, 301T

Can't really pay it off anytime soon....

2.3T budget deficit this year. 10T in the next 10 years.

http://www.cnsnews.com/Public/conten...x?RsrcID=45528