Who Holds The Majority of the United States Debt

Here is our National Debt, broken down to who we owe. I am appalled and angry at these politicians who buried our Country in a mound of debt, to which will take years and years to dig out of, provided we can find a way to pay the debt down. To say that the debt is insurmountable is an under statement. The worse part of this financial meltdown, is how the CEO’S and CFO’S and other wall street fat cats got fatter as the rest of America has suffered. It makes no sense, none at all.

When his Kingship Obama took office, their was no doubt that he inherited a some major issues, he inherited a massive national debt of $9.268 Trillion Dollars, a huge debt.  I will have to give President Obama credit where credit is due.  I do not want to undercut his accomplishments in his 3 years at the helm of the United States.

That said, Mr. President, congratulations on a job well done. What you have done for this country is beyond belief, in such a short time you and your democratic pals have ballooned the national debt to a STAGGERING $15.23 trillion dollars.  $9.268 Trillion Dollars is all yours

Thank you, thank you,, very much. You have now managed, for the first time in the history of this country to swell our national debt to where it is now equal to our total economy. Again, we thank you, as well as all of my grandchildren thank you.

That’s roughly equal to the value of all goods and services the U.S. economy produces in one year: $15.17 trillion as of September, the latest estimate. Private projections show the economy likely grew to about $15.3 trillion by December — a level the debt is likely to surpass this month. Source:

Who owns Americas? Its not the Chinese!

• 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)

Crony Capitalism – It’s Alive-It’s Alive

With the Solyndra still freshly in our rear view mirror, the Department of Energy has kept the American Dream alive by awarding $1 BILLION DOLLARS to what else, GREEN ENERGY COMPANIES.  Let me repeat this just in case you did not understand.

The Department of Energy gave $1 Billion of our tax dollars to Green Energy Companies.  Now here comes the biggest coincidence. including a $737 million loan guarantee to a company known as SolarReserve: The La Jolla, California-based gatekeeper has embraced yet another leadership structure following its purge by CalPERS. The latest line-up includes FINRA mediation expert and San  Francisco political  insider Ron Pelosi.

  

 It’s an unusual biography for a person listed second in the “Leadership” section of a private equity advisory firm’s website: “[A]ccomplished Financial Industry Regulatory Authority (FINRA) mediator. . .  has served in a number of positions as a public official.”

But perhaps the unusual circumstances of Pacific Corporate Group call for the unusual skills of Ronald Pelosi, a San Francisco political insider and financial in Minority Leader of the United States House of Representatives.dustry polymath who is the brother-in-law of Nancy Pelosi, La Jolla offices of PCG:

La Jolla, California-based PCG is a veteran of the private equity gatekeeping industry and has been led since 1979 by Christopher Bower, a former public accountant who successfully gave the institutional investment market what it wanted – more and more private equity advice. PCG’s marquee client was the California Public Employees’ Retirement System, until recently. Late last year the nation’s largest pension decided to fire PCG as part of a house-cleaning exercise. The gatekeeper had been too close to disgraced placement agent Al Villalobos for CalPERS’ liking.

On SolarReserve’s website is a list of “investment partners,” including the “PCG Clean Energy & Technology Fund (East) LLC.” As blogger American Glob quickly discovered, PCG’s number two is none other than guess who? “Ronald Pelosi,”  Yes Nancy’s brother in law.  I really guess we are to believe that this loan was just coincidental right. Maybe so, I have no way of really knowing, but it “shore” don’t smell good from where I am sitting.

Well guess what,  there is one more bit of information that might be of so interest to someone.   solar Reserve’s other investment partners is Argonaut Private Equity:  Steve Mitchell and Argonaut Private Equity may have an opportunity to recover some of their money in the Solyndra debacle  now that the Department of Energy has just handed out a $737 million dollar loan, which is guarantee to a company backed by Argonaut who also adds Steve Mitchell as a “board participant.” Now ain’t that just sweet as honey.  What a way to do do business. It is just amazing to me how corrupt people can get,  excuse me, allegedly corrupt people.

Liar, Liar Pants on Fire - Sebelius Admits to Doubling Up"

It was just a few short months ago, when the Congress, the left and the right were fighting to pass obamacare. Out of the arguments Nancy Pelosi made her now infamous statement, that today has come true. Nancy Pelosi, " We will just have to pass the obamacare to see what is in it".  It has now been revealed that $105 billion dollars had been hidden with the bill. $105 BILLION dollars of tax payer money, or depending on your point of view, $105 billion dollars of China's money. There is now going to be automatic funding for the next 8 years of a health care bill that the majority of the American people did not want. A bill which was forced upon us by a group of people who are bent on socializing America.

In addition to finding 105 billion dollars in the obamahealth care bill, HHS Secretary Kathleen Sebelius readily admitted this morning to doubling counting the Obamacare budget, she was testifying before the House Energy and Commerce Health Subcommittee.  Sebelius was asked by Rep John Shimkus whether the $500 billion in Medicare was being used to maintain the program or to pay for the law?   Sebelius was grilled about he $500 billion on whether it was used to maintain the program or to pay for the law, and she admitted in open forum that it was used for "BOTH" .  So here we are again, in the same boat, last summer this administration was doubling count, or juggling figures and not being honest with the American people.  The Congressional Budget office also told the White House their math was off base, however Obama chose to ignore and continue to flat out lie. Hell this man lies to us when the truth sounds better. I had been willing to give this guy a chance, I did not vote for him then, and I certainly will not vote for him in 2012, and I will ask each American and ILLEGAL ALIEN to vote against him.  I just do not understand why knowing fully well that we can not sustain this spending, why Obama continues to ignore the RED INK.

SCREWED AGAIN

I guess the obvious answer is that he really does want to destroy our Country, that is the only answer I can see. He ignores calling a terrorist a terrorist, has been quoted as saying "Lets not rush to judgement" and

"I (Obama) will seek out JUSTICE for the captured aggressors(terrorist) to have a fair TRIAL." Now these aggressors are captured enemy combatants, not a night time freaking burglar or car thief that have attacked our Country and killed our citizens and soldiers, that is an act of war. So it is what it is. "WAR". You treat them as such, no pampering them OK. Sorry, I got a little side tracked. However it runs into the same pattern of behavior for this President, his administration has been caught with its britches down around his ankles in lies about how health care was not going to be that expensive, proven wrong.  Just tell the truth, let us make the decision on what we want. I want to live in the United States, not Europe, I want a choice of who I can see, I want a choice of who my doctor will be, and I want a choice if I want to die, I do not want to be put out to pasture and die because someone in Washington says I am to damn old to be treated, that is my families choice, not freaking Barack Obama and his lying stooges.

The lies are being exposed, one by one, just like Pelosi said, we gotta read the bill first to know what is in it...thank you Nancy freaking Pelosi for your wonderful insight and brilliance. We are now seeing the real truth behind it all.

In Closing,  it is so clear what the next step has to be in 2012, I hope we have enough people to see what has happened...I hope it is not as they would like ...out of sight...out of mind.



Until next time, I will see you at the crossroads......

"Shady"