U.S. Taxpayers Get Hosed Again At a Rate of Fifty Extra Bucks Per Day

Dorothy is doing her very best to educate you people. Please listen up!

By Dorothy Littrell

I wonder how many U.S. citizens realize that their share of the national debt is going up $50.00 plus PER DAY at the present rate of interest - That is $50.00 plus PER DAY for EVERY person in the U.S. Of course, that is based on the U.S. Budget Office calculations which have never been right for the majority of the 50 years I have been trying to make sense out of them...

And, of course, fewer than 50% of Americans are paying for the over 50% of Americans who are not paying for their share.

The current rate of interest will continue to go higher and higher of necessity because we have just increased our debt load by $billions for just the Obama Healthcare package - And this is assuming that the rest of the world will continue to buy our Treasury notes which I won't touch. It is evident that no one in Washington D.C., especially Congress and our President, has taken Accounting 101 because they seem to have no clue about the effect of compounded interest rates:

• The Gartman Letter March 29, 2009

I'm doing my very best to educate you people.

Please listen up!

-Dorothy