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Thu, 10 Nov 2005

BUSH ADMINISTRATION BREAKS RECORD

Administration Borrows more from Foreign Nations than Previous 42 Presidents Combined

President George W. Bush and the current administration have now borrowed more money from foreign governments and banks than the previous 42 U.S. presidents combined.
Throughout the first 224 years (1776-2000) of our nation's history, 42 U.S. presidents borrowed a combined $1.01 trillion from foreign governments and financial institutions according to the U.S. Treasury Department. In the past four years alone (2001-2005), the Bush Administration has borrowed a staggering $1.05 trillion.

How can so many otherwise intelligent people be so utterly stupid for so long? George Bush is, quite literally, destroying our nation. How could anyone have supported him in the first place?

Posted at 13:38 by Randy Kirchhof [Permalink] [Reload all] [E-mail]