When Have We Had Enough?

October 24, 2009

The United States Treasury is scheduled to sell $182,000,000,000.00 in bonds next week a record amount. The previous record bond sale in July 2009 was only $115,000,000,000.00. We should be proud of our federal government keeping a lid on government expansion, debt, and spending. Just this one United States bond sale next week represents a debt equal to $30.00 for every human on the earth.

Treasuries Fall for Third Week on Fed Speculation; Supply Looms