Monday, January 25, 2010

New government spending figures and cash for gold

Over at Yahoo Finance you can see the latest government financial figures as of January 25th, 2009. Never mind the fact that Obama more than tripled the year over year deficit amount from 454,798,000,000 to 1,417,121,000,000. Just remember, it's ALL Bush's fault! Also included in the figures was a total of the US gold assests as of last September which totaled a measly 11,041,000,000. This reminded me of the following classic Onion News Network report.

U.S. To Trade Gold Reserves For Cash Through

Good for a little laugh before you begin crying for the fiscal state of our country. Even if Cash 4 Gold were able to cash in the entire gold reserves of this country (with probably most being sent to China, India, and the middle east) it would do little to dent the level of deficit spending under Obama or his predecessor.

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