16 December 2009

So you owe someone a little money?

Rest easy.

The US National Debt has been officially-officially pegged at over USD$12 TRILLION ($12,000,000,000,000.00).

A former Comptroller General stated as fact last year that it had really topped $60 TRILLION, which is more than the entire world’s Gross Domestic Product. About USD$480,000.00 per household. Which is probably not all of the debts (guesstimate around 3× to 5× that).

Which means it will be repaid when?

The budget shortfall was predicted at $1.6 TRILLION but worked out to "only" $1.4 TRILLION, which means that they are spending USD$180,000,000.00 per hour more than they earn.

Hey, I want pay-rates like that! (-:

It’s not a wonder that President Obama wants to sign away all political/financial/religious rights (so, responsbility) to the UN at Copenhagen... but why is Prime Minister Rudd just as eager?

It becomes increasing obvious that free-as-in-price means about squat. Free-as-in-available will, I think, come to mean everything — not just in software.

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