[Hoot Gibson]

Take a good look at the list of other countries whose national debt exceeds the value of everything that their people produce in a single year and you will know what kind of chaos is coming our way if drastic measures are not taken soon.

Our standard of living is on course to take a nose dive and their will be riots as those who live from welfare check to welfare check realize that the liberals who have been buying their votes for decades have run out of other people's money and their credit cards have become worthless.

Had McCain the RINO candidate been elected president, it would have taken two terms to have reached this tipping point. The over achiever Obama has brought this country to the edge of the cliff in less than a single term. He has been one of the most effective presidents ever.

Nikita Khrushchev warned us that this would someday happen. Had we elected Khrushchev himself president, he could not have engineered a more effective strategy to collapse our economy than Obama did. Well done, comrade! Thank you, Obama voters!

The Tea Party candidates, those who have already been elected to Congress (and voted against the debt ceiling hike) and those running for the 2012 Republican nomination are the only people worthy of a vote. The spineless people in Congress who refuse to deal seriously with this issue for whatever reason need to be stripped of their generous retirement benefits and sent home to experience the consequences of their own actions along with the rest of us.

[INDENT]

US borrowing tops 100% of GDP: Treasury

US gross debt shot up $238 billion to reach 100 percent of gross domestic product after the government's debt ceiling was lifted, Treasury figures showed.

On Tuesday, the Treasury had to add more than $200 billion of commitments immediately after President Barack Obama signed into law an increase in the debt ceiling.

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With the latest borrowing, the United States joined a small group of countries whose public debt exceeds GDP, including Japan (229 percent), Greece (152 percent), Jamaica (137 percent), Lebanon (134 percent), Italy (120 percent), Ireland (114 percent) and Iceland (103 percent), according to figures provided by the International Monetary Fund.

The last time US debt exceeded its annual economy was in 1947 just after World War II. By 1981 it had fallen to 32.5 percent.

[/INDENT]