In response to:

Who are America's Not-So-Friendly Bankers?

rvnvmc Wrote: Apr 11, 2012 2:38 PM
Back in the 1940's, during WWII, America advertised, for folks to Buy War Bonds. Not that I think that we should prolong our conflicts, but, shouldn't our gov't. be actively promoting Bond sales, Domestically ? Instead of borrowing untold amounts, from Foreign Sovereign Nations ? Some of whom, we are building our defenses, against ?

During his campaign for re-election, don't expect Barack Obama to bring up the national debt.  By the time Americans are voting, Obama will have added more than $5.5 trillion of red ink during his first term in office – an increase of more than 50% beyond the total debt accumulated by the previous 43 presidents in over 200 years.   

Rather than alarmed by the debt, Obama's budget would put America on a glide path to accumulate an additional $10 trillion of debt over just the next decade, and that is undoubtedly a grossly underestimated prediction.