The next bail out vote will not be until Thursday, because the Jewish new 
year intervenes.

On Tue, 30 Sep 2008 01:30:59 -0500, Phi wrote:

> The next bail out vote will not be until Thursday, because the Jewish
> new year intervenes.

Each year since 1969, Congress has spent more money than its income. The 
Treasury Department has to borrow money to meet Congress's 
appropriations. The total borrowed is more than $9,000,000,000,000 and 
growing. Even when government officials claim to have a surplus, they 
still spend more than they get in. They pay interest on that huge debt at 
$700,000,000,000 per annum.

I suppose Saudi Arabia could foreclose on the USA if it wanted to play 
games.

"Phi"  wrote in message 
news:rJGdnfMJS6rvSHzVnZ2dnUVZ8s3inZ2d@bt.com...
> On Tue, 30 Sep 2008 01:30:59 -0500, Phi wrote:
>
>> The next bail out vote will not be until Thursday, because the Jewish
>> new year intervenes.
>
> Each year since 1969, Congress has spent more money than its income. The
> Treasury Department has to borrow money to meet Congress's
> appropriations.

I don't think that is actually true, especially during the Clinton era, but 
then what do us Limey's know?

>  The total borrowed is more than $9,000,000,000,000 and
> growing. Even when government officials claim to have a surplus, they
> still spend more than they get in. They pay interest on that huge debt at
> $700,000,000,000 per annum.
>
> I suppose Saudi Arabia could foreclose on the USA if it wanted to play
> games.

On Tue, 30 Sep 2008 12:04:27 +0100, R. Mark Clayton wrote:

> "Phi"  wrote in message
> news:rJGdnfMJS6rvSHzVnZ2dnUVZ8s3inZ2d@bt.com...
>> On Tue, 30 Sep 2008 01:30:59 -0500, Phi wrote:
>>
>>> The next bail out vote will not be until Thursday, because the Jewish
>>> new year intervenes.
>>
>> Each year since 1969, Congress has spent more money than its income.
>> The Treasury Department has to borrow money to meet Congress's
>> appropriations.
> 
> I don't think that is actually true, especially during the Clinton era,
> but then what do us Limey's know?

http://www.federalbudget.com/