America on Fiscal Suicide Watch

The Chicago Tribune offers some stunning illustrations that depict just how dire the country's financial situation is. I've modified the images a bit to indicate when the Democrats took over Congress (and the nation's wallet).

Click any of the images to see the full-sized graph at the Trib site.




If those charts don't getcha, consider this:

No country has ever survived the levels of debt that we're about to incur on the Obama plan for 2020. The interest alone on the debt is projected to be over $1 trillion -- and that's if interest rates don't go up significantly, which they will.

The only reason countries like Greece haven't yet imploded is the promise of a backstop by big brother, AKA the International Monetary Fund, AKA the U.S. But when the U.S. hits these levels, there won't be anyone to backstop us.

Welcome to Caracas, my friends!