September 2011
43 posts
Breakdown of the holders of U.S. debt:
- Hong Kong: $121.9 billion (0.9 percent)
- Caribbean banking centers: $148.3 (1 percent)
- Taiwan: $153.4 billion (1.1 percent)
- Brazil: $211.4 billion (1.5 percent)
- Oil exporting countries: $229.8 billion (1.6 percent)
- Mutual funds: $300.5 billion (2 percent)
- Commercial banks: $301.8 billion (2.1 percent)
- State, local and federal retirement funds: $320.9 billion (2.2 percent)
- Money market mutual funds: $337.7 billion (2.4 percent)
- United Kingdom: $346.5 billion (2.4 percent)
- Private pension funds: $504.7 billion (3.5 percent)
- State and local governments: $506.1 billion (3.5 percent)
- Japan: $912.4 billion (6.4 percent)
- U.S. households: $959.4 billion (6.6 percent)
- China: $1.16 trillion (8 percent)
- The U.S. Treasury: $1.63 trillion (11.3 percent)
- Social Security trust fund: $2.67 trillion (19 percent)
The totals?
Foreign-owned debt: ~$4.5 trillion
American-owned debt: ~$9.8 trillionDespite what many politicians/pundits would have you believe, the U.S. government owes Americans more than double what it owes the rest of the world….combined.
Suck it, Facebook.
Texas’ Deputy Attorney General for Criminal Justice, Don Clemmer, later testified that his office didn’t have the resources to investigate allegations of sexual abuse at a TYC facility in Ward County because at the time the local agent was busy investigating charges of voter fraud by a 68-year-old Hispanic woman.
Your morning must-read: Why did Rick Perry wait six years to clean up the culture of child rape at Texas youth detention and rehabilitation centers?
And conservatives are afraid of Obama?
Hundreds and thousands of Iraqi & Afghan civilians have died during the American invasion which was supposedly going to “instill democracy” and “save the women.” Neither of these goals have been accomplished; this has simply proven itself to be another manifestation of U.S. imperialism and…
*Amurka
