As of last Friday, the U.S. debt was $18.153 trillion. On Monday, Obama signed the legislation suspending the debt ceiling.

By the end of the day on Monday, the U.S. debt had risen THREE HUNDRED AND THIRTY NINE BILLION DOLLARS. In a single day the debt went up nearly one third of a trillion dollars!!!!

This legislation allows Obama to borrow as much money as he wants, as the previous debt 'hard' ceiling is now gone. He can dig as big a hole as he can get the votes for.

To put this in perspective, the last time this was done in 2012, it took nine days to go 100 billion more in debt.

Now, I and others in long gone threads noted how the Treasury Department for 150+ days reported that the U.S. debt figure was EXACTLY the same amount, each and every day. It never varied by even a dollar. Why? Because the debt limit had been reached, and Obama had directed the Treasury to use 'extraordinary measures' to keep the government afloat. So what did it do? It simply flat out lied to you for 6 months about how much debt was on the books. IF no one actually knows the government is out of money, then it just continues to pile up the bills. Then one day, BAM! It hands you a bill for $339 billion dollars!

Think about your credit card company saying, "Nah, you're good. Charge what you like. We trust you. Don't worry that you're not getting any monthly statements. It'll be fine!" Then after six months without a statement, they suddenly send you one for $339,000, with a note that says "Pay up now or else..."

Now, here's a question for you. All of the major news organizations have some kind of business unit, or investment gurus, or investment focused shows. How come NONE of them were reporting how the national debt was the same for weeks, and then months on end? Did none of them notice, or did all of them know not to say anything lest they be shunned by the Obama administration and no longer get any access?

How can 'hiding'the debt from the public (including investors) not be illegal? If I had a company, and was looking to generate investment, would it not be fraud if I failed to disclose a mountain of debt for 6 months, and then suddenly say I needed a ton of money overnight or we go broke?

Since the GOP are fully complicit in this farce, we know no one is going to be held accountable for these events,and thus there's no reason for it no to happen again. Why have a budget limit if it's not going to be adhered to?

Criminal

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