Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror
DEAL: For $25 - Add A Second Phone Number To Your Smartphone for life! Use promo code SLASHDOT25. Also, Slashdot's Facebook page has a chat bot now. Message it for stories and more. Check out the new SourceForge HTML5 internet speed test! ×
User Journal

Journal Marxist Hacker 42's Journal: Bush leaves behind legacy: US needs 210% to borrow

210%, that is, of the World's total savings. And that is *before* Obama attempts any wealth redistribution, or anything else.

So much for Obama being a socialist/communist scourge. Just to meet current commitments made by Congress under the Bush Administration, Obama's going to need to borrow *everything* available to borrow in the world, then pay interest on that, then tax that interest at a 110% rate, just to tread water.

Meet the new Status Quo, now available in Red & Black. Too bad the black is the skin and the red is the ink...I wonder how many years in this new "race doesn't matter" United States it will be before we have a President who is the reverse? Perhaps Tom Cole needs to give Obama a run for his money in 2012.

/usr/news/gotcha

Working...