Bad news, good news
Thursday, October 23rd, 2008 by AriBad News:
I’ve complained before about the national debt before, but out current “fiscally conservative” Republican leadership has brought us to new levels of debt making my previous rants based on obsolete data. I would just like to correct that by pointing out that our debt has now crossed $10,000,000,000,000.00 (1×1013) and the debt clock is having a rollover issue.
Good News:
The TED spread is down below 2.5% and the commercial paper rates are also falling back to reasonable rates. You may now all exhale. (At least until the next round of bank earnings reports).
