787 billion+ 400 billion+ 250 billion+ 700 billion

We're not hearing a lot about the 400 billion dollar omnibus bill; the bill the Federal government needs to keep running for the rest of the year.

What I find interesting is this- the spendulus bill was 787 billion. The omnibus bill is another 400 billion. The interest will bring the tally for this month to 1.8 trillion to 2 trillion dollars. Does this president really think we have enough rich people in this country to pay this bar tab?

Someone figured out how to conceive of just how much money we're actually talking about. He said, if you spend a million dollars a day, from the day Christ was born to today- you still couldn't spend as much as Congress and Mr. Obama have.

So far, the Federal government has spent two trillion, one hundred and thirty-seven billion just on bail outs and pork and a minor amount in actual stimulus.

Now, how does our government borrow money to pay for deficit spending?

Well, Congress passes a bill for appropriations. It goes to the president for signing, and after that, it's sent to the Federal Reserve. They, in turn, issue bonds with a set interest rate. (That's the interest we tax payers end up paying for this boondoggle.)

Once bonds are issued, foreign banks and countries buy the bonds, usually China and Japan. China owns almost a trillion dollars worth of our debt.

Sounds great, right?

It would be if foreign banks and countries weren't trying to dump our debt right now. A Chinese government official, after hearing of our money presses running 24/7, and the incredible amount of spending, said "We hate you guys. You're devaluing your money and you're dragging us down with you."

Now,, that's a problem.

You see, if foreign banks and countries don't buy our bonds, then the Federal Reserve will have to buy them. (And,, hows that work.)

In other words, Obama probably can't finance all his plans. I've said it before, I'll say it again; Look for massive inflation within 16 months.