@john738; I have no problem with your post, but felt some clarification is necessary about the National Debt.
You stated "a national debt that may well exceed 16 trillion dollars by the new year"
The National Debt already exceeded $16 Trillion during the first day of the Democratic National Convention (if that isn't an Omen of worse things to come if the Demorats are still in control come 2013)and it's on a course to exceed that by 1/3 trillion more ($16.387 Trillion) come come Inauguration Day January 20, 2013
Barack Obama will have added $70 Billion shy of $6 Trillion dollars if he only has one term. That means he added over 1/3 of the total debt while he's been in office.