Article

2011-04-04 Home Front: Politix

U.S. Gov't Spent More Than Eight Times Its Monthly Revenue

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by DarthVader 2011-04-04 18:01|| || Front Page|| [2 views ] Top

#1 Does this mean we have to give up funding for NPR?

Posted by Matt 2011-04-04 18:23|| 2011-04-04 18:23|| Front Page Top

#2 Isn't the median duration of federal debt now on the order of 3.5 - 4 years? If my memory isn't faulty the Treasury in a normal month would redeem around $300 - $333 billion on a $14T debt.

Heavy month but that's understandable as short term rates have been essentially zero for over a year now and to a cash-starved federal government selling very short term notes (like the majority redeemed in March) probably look like a pretty good deal.

Here's hoping for a failed Treasury auction to bring this whole corrupt house of cards down.

Posted by AzCat 2011-04-04 21:40|| 2011-04-04 21:40|| Front Page Top

#3 April is tax month. Shouldn't cash flow be better for a bit as a result?

Posted by trailing wife 2011-04-04 22:13|| 2011-04-04 22:13|| Front Page Top

#4 D *** NG IT, dat can't be right - Net Perts claim its closer to 11-14 times.

Becuz a US Debt-to-GDP Ratio of 1.1-plus-to-One only means the US IS MERELY "NEAR/APPROACHING INSOLVENCY", BUT STILL HAS LOTS OF INCOMING $$$ TO BURN.

D *** NG IT, WE'RE SAFE BECUZ ITS MERELY
"SIMPLE" NATIONAL INSOLVENCY, NOT "COMPLEX/
MULTILATERAL" NATIONAL INSOLVENCY!

Uh, uh, VIVE' L'DIFFERENCE!

Hey, TWAS IT OVER WHEN THE GERMANS BOMBED PEARL HARBOR???

Posted by JosephMendiola 2011-04-05 00:02|| 2011-04-05 00:02|| Front Page Top

00:02 JosephMendiola
23:55 retired LEO
23:51 JosephMendiola
23:49 remoteman
23:47 SteveS
23:37 JosephMendiola
23:30 JosephMendiola
23:03 Clomoth de Medici9631
22:50 Clomoth de Medici9631
22:46 CincinnatusChili
22:31 Fi
22:24 CrazyFool
22:20 trailing wife
22:13 trailing wife
22:11 trailing wife
22:05 trailing wife
21:48 trailing wife
21:45 OldSpook
21:40 AzCat
21:33 AzCat
21:30 trailing wife
21:01 Cluns Unavirong6767
20:57 JosephMendiola
20:54 Procopius2k