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Reply #112: Debt: 11/24/2008 10,654,259,430,730.10 (DOWN 1,209,218,247.90) (Tiny drop.) [View All]

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Festivito Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 04:00 PM
Response to Reply #48
112. Debt: 11/24/2008 10,654,259,430,730.10 (DOWN 1,209,218,247.90) (Tiny drop.)
(FICA fluctuates. Public debt down a tiny amount again. Typical for Mondays.)

= Held by the Public + Intragovernmental(FICA)
= 6,393,688,876,791.61 + 4,260,570,553,938.56
DOWN 86,920,504.20 + DOWN 1,122,297,743.70
(NOTE: Excel 2007 cannot handle ten-trillion plus to the penny. It zeroes the penny.)

Source: Debt to the penny:
http://www.treasurydirect.gov/NP/BPDLogin?application=n...

THINKING IN BILLIONS: 3 or 4 dollars per billion in a 300-Million person America.
If every American, man, woman and child puts in $3.33 each THAT'S 1B$.
A family of three: Mom, Dad, Child: THEIR SHARE IS TEN BUCKS in a 1B$ federal program.
I hope that is clear. However, I'd suggest using $3 per 1B$ to underestimate it.
Use $4 per 1B$ to overestimate the cost when thinking: Is a federal program worth it?
Aid to Dependant Children: 2B$/yr =$8/yr(a movie a year) Family of 3: $24/yr(an hour of bowling)
(I hate those end to end dollars to the moon and back, or years to spend $100/second. Just say'n)
If you read this and have a suggestion or comment, good or bad, I'd love to see it.

ANALYSIS:
There were 21 reports in the last 30 to 31 days.
The average for the last 21 reports is 6,204,955,946.36.
The average for the last 30 days would be 4,343,469,162.45.
The average for the last 31 days would be 4,203,357,253.98.
There were 252 reports in 365 days of FY2007 averaging 1.99B$ per report, 1.37B$/day.
There were 253 reports in 366 days of FY2008 averaging 4.02B$ per report, 2.78B$/day.
There were 37 reports in 55 days of FY2009 averaging 17.01B$ per report, 11.45B$/day.

PROJECTION:
GWB** must relinquish the presidency in 57 days.
By that time the debt could be between 10.7 and 11.3T$.
It could be higher. It could be lower.

HISTORICAL:
President's term begins and ends on Jan 20.
(Guess who might want to hide the Reagan Bush years. Jan 20 data is missing before 1993.)
01/20/1993 _4,188,092,107,183.60 WJC Inaugural
01/22/2001 _5,728,195,796,181.57 WJC (UP 1,540,103,688,997.97)
11/24/2008 10,654,259,430,730.10 GWB (UP 4,926,063,634,548.53 so far since Bush took office.)

Fiscal Year ends: Sep 30
Borrowed in FY1993: (Maybe later.)
Borrowed in FY1994: 281,261,026,873.94
Borrowed in FY1995: 281,232,990,696.07
Borrowed in FY1996: 250,828,038,426.34
Borrowed in FY1997: 188,335,072,261.61
Borrowed in FY1998: 113,046,997,500.28
Borrowed in FY1999: 130,077,892,735.81
Borrowed in FY2000: _17,907,308,253.43 Bill alone
Borrowed in FY2001: 133,285,202,313.20 Bill and George
Borrowed in FY2002: 420,772,553,397.10 All George
Borrowed in FY2003: 554,995,097,146.46
Borrowed in FY2004: 595,821,633,586.70
Borrowed in FY2005: 553,656,965,393.18
Borrowed in FY2006: 574,264,237,491.73
Borrowed in FY2007: 500,679,473,047.25
Borrowed in FY2008: 1,017,071,524,650.01
Borrowed in FY2009: 629,534,533,817.70 so far this fiscal year.

LAST FIFTEEN REPORTS OF ADDITIONS TO PUBLIC DEBT(NOT FICA):
11/03/2008 -000,572,269,490.77 --- Mon
11/04/2008 +000,314,469,904.16 ------------********
11/05/2008 -000,077,530,396.02 ----
11/06/2008 +056,540,493,221.63 ------------**********
11/07/2008 -000,129,624,570.02 ---
11/10/2008 -000,178,876,517.33 --- Mon
11/12/2008 +000,116,562,137.90 ------------********
11/13/2008 -037,830,308,231.82 -
11/14/2008 +039,714,906,312.49 ------------**********
11/17/2008 -001,168,758,314.18 -- Mon
11/18/2008 +035,027,406,490.17 ------------**********
11/19/2008 -000,433,628,717.22 ---
11/20/2008 -000,189,695,810.14 ---
11/21/2008 -000,151,096,322.01 ---
11/24/2008 -000,086,920,504.20 ---- Mon

90,895,129,192.64 Total of 15 above reports.

Heavy borrowing seems to start after 09/18/2008.
US borrowed $989,627,627,471.03 in last 67 days.
That's 990B$ in 67 days.
More than any year ever, except last year, and it's 97% of that highest year ever only in 67 days.
And it is over 100% of ANY dismal Bush, for any dismal Bush-year, ONLY IN 67 DAYS NOT 365.

For a prettier and more explanatory view of our nation's debt:
http://www.brillig.com/debt_clock

(Debt to the penny keeps changing. Stuff is missing. Best to keep our own history.) YESTERDAY'S POST LINK:
http://www.democraticunderground.com/discuss/duboard.ph...
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  -STOCK MARKET WATCH, Tuesday November 25 ozymandius  Nov-25-08 04:39 AM   #0 
  - Good Morning, Ozy!  Demeter   Nov-25-08 04:44 AM   #1 
  - Good morning Demeter.  ozymandius   Nov-25-08 04:59 AM   #7 
     - And the Beat Goes On  Demeter   Nov-25-08 05:16 AM   #10 
     - Krugman is 'sick of it' too.  ozymandius   Nov-25-08 05:48 AM   #25 
     - And didn't Citigroup announce something like 50,000 layoffs?  tclambert   Nov-25-08 06:14 AM   #30 
     - Well, they took the billions, and created 1,000 call center jobs in the Phillipines!  Dr.Phool   Nov-25-08 06:34 AM   #38 
     - And who is responsible? the booosh team or the incoming team?  Tansy_Gold   Nov-25-08 08:16 AM   #49 
     - I think it's a co-operative effort or a criminal conspiracy. Take your pick.  Dr.Phool   Nov-25-08 09:25 AM   #56 
     - I'm somewhat skeptical, but reserve judgement for now. Will he lead? We'll have to  54anickel   Nov-25-08 12:37 PM   #83 
        - Hey! I find I often think in wind/sailing terms  Ghost Dog   Nov-25-08 12:55 PM   #90 
           - Beautiful tune, thanks. Let us hope to stay out of Baffin's Bay whichever way the wind may blow.n/t  54anickel   Nov-25-08 06:23 PM   #116 
     - Thank you for being here and for not shrugging, Tansy  Ghost Dog   Nov-25-08 09:29 AM   #57 
     - Ah, sweetheart, you're welcome. You and the good doc upthread.  Tansy_Gold   Nov-25-08 09:39 AM   #60 
        - Right back at ya kiddo!  Dr.Phool   Nov-25-08 09:50 AM   #62 
        - You warm the heart  Ghost Dog   Nov-25-08 12:44 PM   #86 
     - I'm glad you're here Tansy  DemReadingDU   Nov-25-08 09:37 AM   #59 
     - My sentiments exactly. Ugh. It's so damn scary.  Tansy_Gold   Nov-25-08 09:41 AM   #61 
     - I'm still thinking on this, Tansy_Gold.  Prag   Nov-25-08 10:03 AM   #63 
     - On the contary, Prag. What you think DOES matter  Tansy_Gold   Nov-25-08 10:06 AM   #66 
     - bless you, Tansy Gold!  UpInArms   Nov-25-08 05:35 PM   #115 
        - We aren't alone: Greider - "Treasury Pick Has All the Wrong Ideas"  Tansy_Gold   Nov-25-08 06:24 PM   #117 
           - In support of your view, Tansy Gold..  dixiegrrrrl   Nov-25-08 09:58 PM   #121 
              - "hoping for the best" here, too.  Tansy_Gold   Nov-25-08 11:35 PM   #122 
     - did i read right ?  muleboy303   Nov-25-08 08:46 AM   #50 
     - that pretty much sums up how they spread the wealth around after  UpInArms   Nov-25-08 10:13 AM   #67 
        - perilous parallels  muleboy303   Nov-25-08 10:29 AM   #70 
     - Brainstorm! the Next Kid's Book: "If You Give Citibank a Bailout"  Demeter   Nov-25-08 12:41 PM   #84 
     - Others are sick of it too: We can't afford the Citigroup deal: Commentary: The government's credit i  UpInArms   Nov-25-08 07:31 AM   #44 
  - Portugal’s electric car deal leads way  Demeter   Nov-25-08 04:45 AM   #2 
  - Germany rejects General Motors' plea for state aid  Demeter   Nov-25-08 04:46 AM   #4 
  - Why the GM - Cerberus - Chrysler Bailout is Bad for Taxpayers  Demeter   Nov-25-08 05:45 AM   #24 
     - GM - Cerberus - Chrysler Bailout is Bad for Taxpayers??? but  DemReadingDU   Nov-25-08 06:16 AM   #31 
     - Sure is an awful lot of unanswered questions!  Roland99   Nov-25-08 07:15 AM   #41 
  - Great news. Even if it is entering the new world backwards.  Gregorian   Nov-25-08 01:49 PM   #96 
  - Market WrapUp  ozymandius   Nov-25-08 04:45 AM   #3 
  - Let me guess  tama   Nov-25-08 05:30 AM   #16 
  - You Ain't Seen Nothing Yet By Mike Whitney  Demeter   Nov-25-08 04:55 AM   #5 
  - G'Morning Demeter....ty for posting this piece.  dixiegrrrrl   Nov-25-08 05:11 AM   #9 
  - Tough Sledding Ahead: Surviving A Coming USD Collapse By Christopher Laird  Demeter   Nov-25-08 05:40 AM   #22 
  - If cash is bad, stocks lousy, gold is tanking, how do you hedge what little money 's left?  tclambert   Nov-25-08 06:25 AM   #34 
  - What does USD collapse mean?  tama   Nov-25-08 10:48 AM   #73 
     - What you say makes a lot of sense  Ghost Dog   Nov-25-08 12:02 PM   #77 
  - Try This Link  Demeter   Nov-25-08 05:59 AM   #28 
  - workers gulag; Siberia on Lake Michigan  DemReadingDU   Nov-25-08 06:21 AM   #33 
     - Thank You, Me Too!  Demeter   Nov-25-08 06:25 PM   #118 
  - Internet fraudsters beat the crunch By Philip Stafford in London  Demeter   Nov-25-08 04:57 AM   #6 
  - Today's Reports  ozymandius   Nov-25-08 05:09 AM   #8 
  - Why Would ANYONE Expect Consumer Confidence to Go Up?  Demeter   Nov-25-08 05:18 AM   #11 
  - Somebody mis-read the populace.  ozymandius   Nov-25-08 05:28 AM   #15 
  - My prediction (worthless as always): GDP will be very, very bad  SarahBelle   Nov-25-08 05:22 AM   #13 
  - Good morning FinnFan/SarahBelle.  ozymandius   Nov-25-08 05:34 AM   #17 
  - U.S. Q3 GDP down 0.5% vs. down 0.3% prev. est. - and other reports:  UpInArms   Nov-25-08 07:32 AM   #45 
  - Consumers smokin' crack - confidence @ 44.9  UpInArms   Nov-25-08 10:21 AM   #68 
     - That's Got to Be a Lie  Demeter   Nov-25-08 12:43 PM   #85 
        - If the survey was taken after 11/5, consider the psychological  Tansy_Gold   Nov-25-08 02:13 PM   #104 
  - Oil falls below $53 in Asia after rising overnight  ozymandius   Nov-25-08 05:18 AM   #12 
  - GLOBAL MARKETS-Shares fall in Europe as Citi euphoria fades  Ghost Dog   Nov-25-08 05:25 AM   #14 
  - Nikkei rises, but Citi euphoria seen limited  Ghost Dog   Nov-25-08 05:35 AM   #18 
  - Maybe it's sinking in that we live in a world with Citi still "too big to fail".  ozymandius   Nov-25-08 05:38 AM   #21 
     - A lot will depend on the degree of classical/imaginative Keynesianism  Ghost Dog   Nov-25-08 06:18 AM   #32 
     - EU exec to urge short, sharp economy boost - draft  Ghost Dog   Nov-25-08 09:05 AM   #52 
        - UK Stimulus: "Bold, imaginative – and it might just work " (Guardian)  Ghost Dog   Nov-25-08 09:13 AM   #54 
     - WRAPUP 2-Obama to outline cuts to U.S. budget  Ghost Dog   Nov-25-08 11:40 AM   #75 
     - He'd Better Cut BOTH Wars and Whatever They're Spending In Somalia and Latin America First  Demeter   Nov-25-08 12:46 PM   #87 
        - So, any news on that (those) front(s)?  Ghost Dog   Nov-25-08 01:55 PM   #98 
        - Considering  tama   Nov-25-08 02:00 PM   #100 
     - America's "little guys" - Too big to fail?  TalkingDog   Nov-25-08 12:57 PM   #92 
  - European shares briefly turn positive, banks help  Ghost Dog   Nov-25-08 05:36 AM   #20 
     - Europe shares end higher on banks, energy stocks  Ghost Dog   Nov-25-08 11:42 AM   #76 
  - BHP Abandons $66 Billion Rio Tinto Bid as Commodities Collapse  ozymandius   Nov-25-08 05:35 AM   #19 
  - Treasury, Fed Said to Unveil Plan to Bolster Consumer Financing  ozymandius   Nov-25-08 05:44 AM   #23 
  - Still No Jobs Programs, Though  Demeter   Nov-25-08 05:53 AM   #27 
  - Note that Goldman Sachs is to sell the securities  dixiegrrrrl   Nov-25-08 06:28 AM   #35 
  - Consumer bankruptcies in October top 100,000  Demeter   Nov-25-08 05:49 AM   #26 
  - Bankrupt consumers bailed out: 0  tclambert   Nov-25-08 06:28 AM   #36 
  - "encouraging" !?!?!  bain_sidhe   Nov-25-08 02:15 PM   #106 
  - A glimpse into the vapid thought process of Citi executives  ozymandius   Nov-25-08 06:00 AM   #29 
  - Denial is a powerful mechanism.  dixiegrrrrl   Nov-25-08 06:49 AM   #39 
  - I'm not sure how valid this is, but I found it quite, um, interesting  Tansy_Gold   Nov-25-08 03:03 PM   #110 
  - Furthermore, New England In the 80's Had a Massive Deflation in Housing  Demeter   Nov-25-08 12:48 PM   #88 
  - ArcelorMittal may lay off 2,400 in Indiana  Dr.Phool   Nov-25-08 06:29 AM   #37 
  - dollar watch  UpInArms   Nov-25-08 07:13 AM   #40 
  - Euro extends gains vs dollar, hits three-week highs  Ghost Dog   Nov-25-08 08:53 AM   #51 
  - Saving Citi May Create More Fear.  MattSh   Nov-25-08 07:25 AM   #42 
  - Fed to loop kids into more debt - no promise of jobs ever  UpInArms   Nov-25-08 07:26 AM   #43 
  - An army of Wal Mart greeters?  MilesColtrane   Nov-25-08 07:48 AM   #46 
  - "Watching the pot come to a boil": One, Two, Three ... Infinity  DemReadingDU   Nov-25-08 07:51 AM   #47 
  - Debt: 11/21/2008 10,655,468,648,978.00 (UP 11,419,055.70) (Tiny day.)  Festivito   Nov-25-08 08:05 AM   #48 
  - Debt: 11/24/2008 10,654,259,430,730.10 (DOWN 1,209,218,247.90) (Tiny drop.)  Festivito   Nov-25-08 04:00 PM   #112 
  - Bailout Pledges Hit $7.7 Trillion  DemReadingDU   Nov-25-08 09:06 AM   #53 
  - FACTBOX-What is deflation and why is it feared?  Ghost Dog   Nov-25-08 09:18 AM   #55 
  - Much good in deflation  tama   Nov-25-08 10:04 AM   #65 
     - Absolutely necessary, yes.  Ghost Dog   Nov-25-08 10:40 AM   #71 
     - true, but  DemReadingDU   Nov-25-08 12:18 PM   #79 
        - Work, somehow, obviously;  Ghost Dog   Nov-25-08 12:21 PM   #80 
        - suffering, that is what worries me  DemReadingDU   Nov-25-08 12:50 PM   #89 
           - I foresee Mr. Obama working with  Ghost Dog   Nov-25-08 01:28 PM   #94 
           - Empty shelves  tama   Nov-25-08 01:45 PM   #95 
              - Soviet collapse... People...  Ghost Dog   Nov-25-08 02:08 PM   #102 
                 - Time to bring those old late Soviet era jokes out of retirement  fedsron2us   Nov-25-08 02:31 PM   #108 
        - Can be problematic, yes  tama   Nov-25-08 12:31 PM   #82 
           - sounds like a good plan  DemReadingDU   Nov-25-08 12:56 PM   #91 
           - Feels like a good plan to me, too.  Ghost Dog   Nov-25-08 01:14 PM   #93 
              - Sure  tama   Nov-25-08 01:50 PM   #97 
                 - Cool, then.  Ghost Dog   Nov-25-08 01:57 PM   #99 
  - Bailout could make Citi more attractive acquisition target  antigop   Nov-25-08 09:30 AM   #58 
  - Blinged Out Paulson Family Raises Questions  Dr.Phool   Nov-25-08 10:03 AM   #64 
  - Heh. Why stop there? Why not build that tower (with slave-labor) on Mars?  Ghost Dog   Nov-25-08 10:48 AM   #72 
  - Soooo.... almost all the numbers reported last month...  Zenlitened   Nov-25-08 10:27 AM   #69 
  - Loonie Watch  TrogL   Nov-25-08 11:13 AM   #74 
  - Disappointment. A post labelled "loonie watch" yet no mention of Ann Coulter.  tclambert   Nov-25-08 02:13 PM   #105 
     - LOL!!!  MadinMo   Nov-25-08 03:22 PM   #111 
  - What to do with all those deflated stocks.  TalkingDog   Nov-25-08 12:18 PM   #78 
  - Leveraged ETF's  Joanne98   Nov-25-08 12:21 PM   #81 
  - We are living through the absolute looting of America  specimenfred1984   Nov-25-08 02:03 PM   #101 
  - I agree, but...  Juneboarder   Nov-25-08 02:11 PM   #103 
  - Thank the Gods I have no children  dumpbush   Nov-25-08 07:14 PM   #120 
  - FDIC adds 54 more banks to its 'problem list'  DemReadingDU   Nov-25-08 02:18 PM   #107 
  - Krugman: The Fed is Confusing Me  antigop   Nov-25-08 02:45 PM   #109 
  - Considering The Recent Past, The Mind Boggles  Demeter   Nov-25-08 06:32 PM   #119 
  - Here's how it all shook out.  ozymandius   Nov-25-08 04:13 PM   #113 
  - Bonds  tama   Nov-25-08 05:04 PM   #114 
 

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