In 1989 Manhattan real estate developer erected the national debt clock near Times Square. The total was “only” $2.7 trillion. With the debt busting past $10 trillion, the clock is now out of room. Reports the Associated Press:
In a sign of the times, the National Debt Clock in New York City has run out of digits to record the growing figure.
As a short-term fix, the digital dollar sign on the billboard-style clock near Times Square has been switched to a figure — the “1″ in $10 trillion. It’s marking the federal government’s current debt at about $10.2 trillion.
The Durst Organization says it plans to update the sign next year by adding two digits. That will make it capable of tracking debt up to a quadrillion dollars.
The late Manhattan real estate developer Seymour Durst put the sign up in 1989 to call attention to what was then a $2.7 trillion debt.
And just wait until all of bail-out payments have to be recorded. It migiht not be very long until we have to start talking about quadrillions of dollars of debt!
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Aldous Huxley, author of the classic novel, Brave New World, gives his readers a “warning†of what would come to pass if the government completely controlled our everyday lives. Published in 1932, Huxley wrote the book based on his prediction of how London, his hometown, might look in the year 2540, assuming the continuance of programs to end war, conflict, suffering, and antagonistic (aka: “freeâ€) thought. Huxley painted a picture of what the world would look like if people were unable to speak their minds, or live how they want to, free from the confines of the multiple levels of government. Many people criticized and continue to criticize Huxley for his novel. Several seeds have been planted in the U.S., which have created alarming parallels to Huxley’s novel. The socialist and communist movements have been lurking in the shadows of America for many generations, but the movements have recently come to the forefront of the political platform. Some politicians are attempting to assign the government exclusive control of too many aspects of daily life. For example, in certain areas of Los Angeles, elected officials have created restrictions on where new fast food restaurants can and cannot establish themselves. Yes, you heard me right; the “man†is telling you that you can’t get a juicy hamburger and fries in South L.A., whether you like it or not. What’s worse is that state and national politicians are trying to rob you of your right to access fast and easy payday loans. Politicians want to eliminate payday loans in an attempt to win the votes of bigger corporations like banks, so they can take office and promote their self-interests. Stand up and be heard.. Fight to free yourself from the government’s ever-increasing power over your daily life. Post Courtesy of Personal Money StoreProfessional Blogging TeamFeed Back: 1-866-641-3406Home: http://personalmoneystore.com/NoFaxPaydayLoans…… http://personalmoneystore.com/moneyblog/
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