Saturday, July 2, 2016

US Debt Jumps Almost $100 Billion In One Day -- The Drudge Report -- July 2, 2016

If one wants to "hide" some really unpleasant news, releasing it on the 4th of July weekend can hardly be better timing:

US Debt Jumps Almost $100 Billion In One Day

From The Washington Examiner:
Total government debt hit a record $19.38 trillion on Thursday, up nearly $98 billion from the day before. It's the first time it has ever exceeded $19.3 trillion.
The debt will soar higher still in the coming months, and is expected to approach $20 trillion by the time President Obama leaves office.
If Paul Krugman and Elizabeth Warren are not concerned, I am not concerned. Unlike Great Britain, Fitch still has a AAA rating for US credit. Great Britain: AA. There only a handful of countries with a Fitch rating higher than the US (97), including Germany (100).

And for the record, the FBI is finally -- after two years (?) interviewing Hillary Clinton over the 4th of July. My hunch is that the Clinton team determined the specific date and time for the "interview."

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Mideast On The Brink?

Bahrain gets a call from VP Joe Biden

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