intellectual property rights: This blogger firmly believes in intellectual and other property rights. Links have been given to the material including images and maps used from outside sources. The blogger requests pointing out any material that have escaped this policy.
Today: consumption kills eco-systems; fraud, greed, grand larceny and theft bring down world's finances; deceit, infidelity and instant gratification destroy families; murders and wars have left us without peace or stability. On top we have droughts, earthquakes, floods, storms, tsunamis … has the world gone mad! Submit now to Allah before it is too late - to the One and Only God, the Creator, Lord and Sustainer of the universe, Unique in His Person and Actions, without any blemish, weakness or relatives. Follow the Sunnah of Muhammad (the last Messenger and Prophet - upon whom be the peace and blessings of Allah), and join those who will be the really successful ones.

see end of page for buttoned useful links

Thursday, November 09, 2006

The missing trillions

When the Democrats vacated the White House, there were 5 trillion dollars surplus in the US Treasury.

Six years later, with bipartisan support, that five trillion is gone. At the end of 2005, the US foreign debt was $3.7 trillion. By the end of 2006 it would be more than $4.6 trillion:

The Outstanding US Public Debt as of 09 Nov 2006 at 12:38:54 PM GMT is:


The estimated population of the United States is 300,183,662
so each US citizen's share of this debt is $28,638.56.

The National Debt has continued to increase an average of
$2.19 billion per day since September 29, 2006!

The US has fought wars in this time to the tune of 1/2 a trillion in direct costs, and much much more in indirect ones. Let us say a cost of one trillion dollars.

Congratulations, US! I am sure anyone with a little common sense would have been able to provide you security at a much, much less price, and instead of you losing world goodwill, would have been able to enhance it.

This of course does not count the loss and destruction:

o of lives,
o of infrastructure,
o of peace,

but then the US doesn't do body counts, nor estimate the cost to others of its wars.