Sunday, August 21, 2011

Black Swan President - Beware the Bunny!!!

Re(1): 'Monthly Treasury Statement', The U.S. Department of Treasury

Our accomplished Presidential Black Swan is still on a roll!!!

But, President Carter's Killer Bunny is back in the water. Watch out President!!!

I was going to post the fact that the Federal Gubmint Leviathan actually cut spending (on the sly. This President cannot state that fact openly;-}) in May and June. But, I had confidence our Presidential Spender would not mend his ways! And, I was right! His administration securitized assets from Federal retirement accounts - and, had to borrow over $240 Billion to pay it back. Oh well, I didn't have much hope.

But, he is doing something even the biggest spenders in history could not do.

President BushPresident Obama
2001/02/01 - 2001/09/30$ -53,1292009/02/01 - 2009/09/30$ 1,019,780
2002/09/30$ 158,5202010/09/30$ 1,294,204
2003/09/30$ 374,2192011/07/31$ 1,099,901
2004/09/30$ 412,5532012/09/30
2005/09/30$ 318,6152013/09/30
2006/09/30$ 247,6982014/09/30
2007/09/30$ 162,8332015/09/30
2008/09/30$ 454,8062016/09/30
2008/10/01 - 2009/02/01$ 395,9432016/10/01 - 2017/02/01
Totals:$ 2,472,058Totals:$ 3,413,885

Jimmy Carter had his Bunny Moment.

Our current President is waiting for his!

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