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corner.nationalreview.com - 12/17/2008
Who Will Bail Out Uncle Sam?
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Here's a short editorial to make you sit up straight, courtesy of the Washington Examiner: The United States of America is bankrupt. Don't believe it? Consider this: Federal obligations now exceed the collective net worth of all Americans, according to the New York-based Peter G. Peterson ...

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Ace of Spades HQ:  Entire US Now Actually Bankrupt?

dcexaminer.com - 12/16/2008
Who Will Bail Out Uncle Sam?
— dcexaminer.com — EXAMINER EDITORIAL HOT ZONE - 12/16/08 The United States of America is bankrupt. Don t believe it? Consider this: Federal obligations now exceed the collective net worth of all Americans, according to the New York-based Peter G. Peterson Foundation. ... (more) Who Will Bail Out Uncle Sam?

Comments vote down The Corner on National Review Online found this 12/16/2008found this
explorations.chasrmartin.com - 12/17/2008
US Bankrupt?
— explorations.chasrmartin.com — Glenn posts this: WHO WILL BAIL OUT UNCLE SAM? “The United States of America is bankrupt. Don’t believe it? Consider this: Federal obligations now exceed the collective net worth of all Americans, according to the New York-based Peter G. Peterson ... (more) US Bankrupt?

Comments vote down Vodkapundit found this 12/17/2008found this
Need a better mortgage? Call Uncle Sam - May. 19, 2008
money.cnn.com - 12/13/2008
Need a better mortgage? Call Uncle Sam - May. 19, 2008
— money.cnn.com — NEW YORK (CNNMoney.com) -- On Capitol Hill this week, lawmakers are set to continue to grapple with the best response to the rising tide of home foreclosures. But the Bush administration says it has a solution in place: A nine-month old mortgage ... (more) Need a better mortgage? Call Uncle Sam - May. 19, 2008
Comments vote down Pirate's Cove found this 12/13/2008found this
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Entire US Now Actually Bankrupt?
Ace of Spades HQ — Entire US Now Actually Bankrupt? Some guy does a bit of number-crunching and calculates that federal liabilities now not only exceed government assets and income (which we all knew, of course), but also the gross cumulative net worth of all American citizens to boot. The foundation’s grim calculations are based on Sept. 30 consolidated federal statements, which showed that Americans’ total household net worth, diminished by falling stock prices and home equity, is $56.5 trillion. But rising costs for unfunded social programs like Medicare, Medicaid and Social Security ...

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WHO WILL BAIL OUT UNCLE SAM? “The United States of America is bankrupt. Don’t believe it? Conside…
pajamasmedia.com 12/17/2008 — WHO WILL BAIL OUT UNCLE SAM? “The United States of America is bankrupt. Don’t believe it? Consider this: Federal obligations now exceed the collective net worth of all Americans, according to the New York-based Peter G. Peterson Foundation. ...
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online.wsj.com 11/16/2008 — I find myself in a lonely position. While many states and local governments are lining up for a bailout from Congress, I went to Washington recently to oppose such bailouts. I may be the only governor to do so. But I suspect I'm not entirely alone, as ...
The Latest "Sam"
blogs.abcnews.com 11/3/2008 — CLEVELAND, OHIO -- ABC NEWS: "Senator, David Petraeus just arrived in Pakistan, do you have a message for him?" OBAMA: (Smiles, says something no one can hear and gets in his car.) - jpt
Welfare Rolls See First Increase in Years — Wash Post In Congress 12/17/2008
FORT MYERS, Fla. -- For the first time since welfare was redefined a dozen years ago, weaning millions of poor Americans from monthly government checks, the deteriorating economy is causing a surge in welfare rolls in a growing number of states.
Friends Say Kennedy Has Long Wanted Public Role — Wash Post In Congress 12/17/2008
Even as one of Barack Obama's most famous surrogates, Caroline Kennedy tried to avoid attention on the presidential campaign trail, forgoing big rallies for more modest tasks such as carrying a clipboard to register voters and walking through a flea ...
Jesse Jackson Jr. Told Investigators Blagojevich Sought Gift in Exchange for a Job for Jackson's Wife — Wash Post In Congress 12/17/2008
CHICAGO. Dec. 16 -- Rep. Jesse L. Jackson Jr. (D-Ill.) told federal investigators that Gov. Rod Blagojevich asked for a $25,000 campaign contribution during Blagojevich's 2002 run for governor and may have exacted retribution when the money did not ...
Senior Senate Democrat looking over his shoulder — CNN Political Ticker 12/17/2008
Senate Majority Leader Harry Reid, center, is hoping he does not suffer the same fate as his predecessor former Sen. Tom Daschle. WASHINGTON (CNN) – Senate Majority Leader Harry Reid, D-Nevada, clearly remembers what happened to his predecessor in ...
Obama's Chief Speechwriter, 27, Works on Inaugural Address While Making His Own Transition — Wash Post In Congress 12/18/2008
The job requires him to work unnoticed, even in plain view, so Jon Favreau settles into a wooden chair at a busy Starbucks in the center of Penn Quarter. Deadline looms, and he needs to write at least half a page by the end of the day. As the espresso ...