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The Library => The SGA => Topic started by: Tarheel on October 09, 2008, 01:59:36 PM

Title: The Debt Clock Can't Keep Up...
Post by: Tarheel on October 09, 2008, 01:59:36 PM
If this wasn't so serious a sign of the times (to use the AP's un-intentional pun) it might be humorous...

Quote
NYC National Debt Clock runs out of digits

NEW YORK - In a sign of the times, the National Debt Clock in New York City has run out of digits to record the growing figure.

As a short-term fix, the digital dollar sign on the billboard-style clock near Times Square has been switched to a figure — the "1" in $10 trillion. It's marking the federal government's current debt at about $10.2 trillion.

The Durst Organization says it plans to update the sign next year by adding two digits. That will make it capable of tracking debt up to a quadrillion dollars.

The late Manhattan real estate developer Seymour Durst put the sign up in 1989 to call attention to what was then a $2.7 trillion debt.

http://news.yahoo.com/s/ap/odd_national_debt_clock;_ylt=AvuG5JqrBLm9v4c0ui1lLBADW7oF (http://news.yahoo.com/s/ap/odd_national_debt_clock;_ylt=AvuG5JqrBLm9v4c0ui1lLBADW7oF)

Title: Re: The Debt Clock Can't Keep Up...
Post by: RWS on October 09, 2008, 05:19:27 PM
i cannot express how much i think this whole situation is fucked up as a football bat. the stock market is now in worse shape than it was when this bailout shit failed. we basically passed a $700 billion blank check. they don't know how to use it, when to use it, where it will be used, or how much will be used.....but hey, $700 billion sounds like a nice round number. yeah, lets go with that. if we flood the market with that much money, it is bound to do SOMETHING, right?  :taunt:
Title: Re: The Debt Clock Can't Keep Up...
Post by: Tarheel on October 09, 2008, 07:17:16 PM
i cannot express how much i think this whole situation is fucked up as a football bat. the stock market is now in worse shape than it was when this bailout shit failed. we basically passed a $700 billion blank check. they don't know how to use it, when to use it, where it will be used, or how much will be used.....but hey, $700 billion sounds like a nice round number. yeah, lets go with that. if we flood the market with that much money, it is bound to do SOMETHING, right?  :taunt:

At the risk of sounding like the choir...A-MEN!

I like your simile use; "fucked up as a football bat".  Clever.