Guest Blogger: Doriangrey
What every you do, do not try this at home, especially with your bank…
At 4:00 p.m. on Wednesday, the U.S. Treasury released its daily statement revealing how the accounts of the federal government stood as of the close of business on Tuesday, Sept. 17.
According to this official accounting, the federal government’s debt that is subject to a legal limit set by Congress stood at exactly $16,699,396,000,000 at that hour yesterday.
That marked the fourth straight month that the U.S. government’s debt has ended up at exactly $16,699,396,000,000 at the close of each business day.
Coincidentally, $16,699,396,000,000 is about $25 million below the legal limit on the debt—which is currently set by law at $16,699,421,095,673.60.
This is the kind of accounting shenanigans that lands private citizens and Corporate CEO and CFO’s in prison for a very long time. Apparently however, when you work for the United States Government, this kind of crap is not only acceptable, it’s a standard practice. Congress apparently has no intention of doing anything about what is indisputably the largest case of financial fraud ever committed anywhere in the entire history of the Plant earth. Makes one wonder if our duly elected representative aren’t pulling a Bernie Madoff Ponzi scheme that even Bernie Madoff couldn’t have dreamed of attempting.
Erick Holder’s Department of Injustice likewise obviously can’t be bothered to investigate, hell Erick Holder is probably still trying to figure out how to get his illegal gun running syndicate back in business.
(Cross Posted @ The Wilderness of Mirrors)
Tags: national debt
