Showing posts with label U.S. National Debt Clock. Show all posts
Showing posts with label U.S. National Debt Clock. Show all posts

Sunday, July 10, 2011

It's Sunday...

the sun is shining, the temperature is going to be perfect, and God is still in charge.

Sarah Palin speaks out on Obama and debt:

From her Facebook page:

The Sugar Daddy Has Run Out of Sugar; Now We Need New Leaders
Barack Obama’s big government policies continue to fail. He should put a link to the national debt clock on his BlackBerry. The gears on that clock have nearly exploded during his administration. Yesterday’s terrible job numbers should not be a surprise because it all goes back to our debt. Our dangerously unsustainable debt is wiping out our jobs, crippling our economic growth, and jeopardizing our position in the global economy as the leader of the free world.
[...]But let me tell you where real hope lies. It’s not the hopey-changey stuff we heard about in 2008. Real hope comes from realizing how God has blessed our exceptional nation, and then doing something about it. We have been blessed with natural resources, hardworking entrepreneurs, and a Constitution that preserves the greatest form of government ever devised by man. If we develop those natural resources, allow our entrepreneurs to keep and invest more of what they earn, and adhere to the time-tested truths of our Constitution, we will prosper and endure.
But first and foremost we must tackle our debt. We don’t have the luxury of playing politics as usual. We need real leaders who will put aside their own political self-interest to do what is right for the nation. And if they don’t emerge… well, America has a do-over in November 2012.
 Read it all

Monday, August 24, 2009

U.S. Debt Clock



and watch those numbers roll in real time.

It's a real wake-up call

From the Examiner.com in Spokane:

Have you wondered just how much national debt America is incurring each day? Maybe you’d like to check the U.S. National debt clock to determine where that debt is coming from. The national debt clock began in 1989 by a New York real estate developer named Seymour Durst. The clock is a large sized display, approximately the same size as a billboard that is affixed on Sixth Avenue in Manhattan. The clock is a seven segment indicator or seven segment display that is used to show decimal numbers. It is similar to the reading of numbers on a digital clock. Not only does the national debt clock show how much debt the nation is incurring, but lets Americans realize how much their family contributes to it.

The original debt clock’s founder, Seymour Durst, passed away in 1995. After his passing, his son, Douglas Durst, became president of the Durst Organization. The Durst Organization owns and maintains the clock to this day. The clock has undergone several upgrades over the years. The first clock was established, but when the national debt began improving, approximately 11 years after it was erected, the clock began operating backwards. Feeling that this was not drawing attention to the rising problem of debt, but rather giving messages that the economy was stable, the clock was unplugged and covered for several years. In July of 2002, the clock was uncovered and once again revealed. The debt, beginning at 6.1 trillion dollars, continued to rise.

By 2004, the clock was replaced with another model; only this one was installed at the Durst Building, where it resides today. When debt rose to a staggering $10 trillion dollars on September 30, 2008, the new clock ran out of digits. There are plans underway to update the national debt clock with two additional digits to ensure that it can handle the rising debt. To view the U.S. debt clock, without traveling to Manhattan, just click the link: U.S. Debt Clock Online.