Dude, don't worry. The printing presses are running at full speed printing fiat dollars. The President has you covered.

dpnewell wrote:

Just make the check out to Wen Jiabao. Will save a couple bucks in transaction fees.

dstieger wrote:

Geithner: Debt Limit of $16.39 Trillion Will Be Met New Year's Eve

Considering there are ~ 311 Million people in the US my family of 4 owes $210,000 towards the current national debt. Seeing that I don't recall signing any promissory notes, I have a few questions regarding my debt.

Does this include any IOU's to Social Security, or should I add a few bucks each month to cover this as well?
Of the 311,000,000; how many of those are non-taxpayers, I'd like to know what factor to use when multiplying to determine our TRUE share?

Abrignac wrote:

What about assets that off-set the debt (if any)?

You know, like you own a brand new house worth $100k and owe on a brand new $100k mortgage that you are paying down... or a $200k mortgage on the $100k house... or a $50k mortgage....

Got to look at the whole balance sheet, not just one side of it.


Just sayin'

rfenst wrote:

Leave up to the counselor to split hairs on grammar.

](*,)

Perhaps I should have said, "My family's share of he national debt is..."

:-k

Good Evening, Robert. Hope your Christmas was merry.

🍺

Abrignac wrote:

What about assets that off-set the debt (if any)?

You know, like you own a brand new house worth $100k and owe on a brand new $100k mortgage that you are paying down... or a $200k mortgage on the $100k house... or a $50k mortgage....

Got to look at the whole balance sheet, not just one side of it.


Just sayin'

rfenst wrote:

Are you saying we should sell off his house to pay his fair share of the debt or the Federal government should sell off land, buildings, and military equipment to pay down the national debt?

HockeyDad wrote:

Only if the buyer is China.

rfenst wrote:

We didn't even take out the china this year. Went to see the kid instead.

So, where is this guys house and what is the asking price? My wife wants us to retire in a blue state.

Brewha wrote:

Geithner: Debt Limit of $16.39 Trillion Will Be Met New Year's Eve

Considering there are ~ 311 Million people in the US my family of 4 owes $210,000 towards the current national debt. Seeing that I don't recall signing any promissory notes, I have a few questions regarding my debt.

Does this include any IOU's to Social Security, or should I add a few bucks each month to cover this as well?
Of the 311,000,000; how many of those are non-taxpayers, I'd like to know what factor to use when multiplying to determine our TRUE share?

Abrignac wrote:

Then forget about my house

Abrignac wrote:

Bummer. Guess you want to move too . . . .

Brewha wrote:

Nah, Brewha I'm fine where I am. Have lived in Boston, Ma; Arlington, Va; Fredericksburg, Va; Elizabeth City, NC and New Orleans. Moved away from my home town at least 4 times and kept coming back.

But, I'll still consider selling you my house. Wouldn't mind moving a little farther away from town. Thing is its in a red state. People are friendly though.

Abrignac wrote:

Next door in Louisiana just et of Baton Rouge.

Abrignac wrote: