On September 5, 2007, our national debt crossed the 9 trillion dollar mark. I waited a week to write this to see what kind of coverage this event would receive. I waited for the endless coverage, the expert opinion, and the in depth analysis, but it never came. I didn't even catch one of those weak stories that amount to a sound bite. I do flick around a lot so maybe I missed it. If this event would have received the same coverage as Lindsay Lohan or Britney Spears I'm sure I would have seen it. So how is it that something so important received little or no attention? I would at least like to see a story on how being 9 trillion dollars in debt is no big deal. I would also like to know at what point it does become a big deal.
Continually spending more than you earn can only lead to one thing, bankruptcy. When this happens to a person or business we can declare bankruptcy and receive protection under the law. What happens when a nation becomes bankrupt? The answer for America is chaos at unimaginable levels and possibly the collapse of our democracy. This is serious business and there aren't many stories worthy of more coverage than our growing national debt. Shame on the news media for giving it less coverage than a celebrity story. I have a suggestion for the news media—TV should have a national debt clock on the bottom of the screen, radio should announce the debt at the top of the hour, and the print media should publish the debt with every printing.
I am not one who believes in signs, but as I sit and write this on 9/11 I feel a chill as the national debt reads 9 trillion—11 billion. I'm sure it's merely coincidence, but I am for anything that will draw attention to our nation's debt problem.
Yeah this is scary, I really fear how this will pan out, and what consequences this will have for the rest of the world...I just pray that the scientists discover cold fusion someday soon
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This number is huge, I don't know how we will gonna handle this anymore. It's not only about national debt, it's also about an entire nation complaining about personal debts and credits... we have to stop this from spreading and start to handle things in a better way.
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No doubt it is really a matter of concern for the whole world, that The Gross National Debt has crossed 9 trillion dollars. Necessary steps should be taken to have a check on it and also to control it's further expansion at this pace.
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Man that was back Sept 2007. Now a year after things are worse. We are going through the major economical catastrophe after World War II.
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Wow......special thanks for you.Your blog is nice.
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