Since January 20 2009 when we inaugurated President Barack Husain Obama into office twice for good measure, our debt has grown by almost one trillion (12 zeros). growing from a total public debt outstanding on January 20^th 2009 of $10,626,877,048,913.08 to the present date of June 29^th 2009 of $11,358,401,131,131.46 all in just under six moths.

Source (treasuryDirect.gov The Debt to the Penny and Who Holds It; search application, 2009). The link: http://www.treasurydirect.gov/NP/BPDLogin?application=np

The parameters of the search were the dates above. The results have been abridged to show only the start amount of the debit when Obama took office January 20 2009 and the debt as of today June 29 2009.

There are two parts to this debit. The first is the inter-governmental debit, or what the Federal government needs to borrow to meet its financial obligations above its revenue from taxes and fees. The second is the debit held by the public (in bonds, notes and other securities). Eventually, all of it gets put together and represents the total public debit outstanding. From time to time some of this inter-governmental debit is sold to the public decreasing inter-governmental debit and increasing debit held by the public. Further, public debit can be held by people, companies and countries outside the US, such as Japan and China, in essence making them creditors.

The smaller figure is always the inter-governmental debit and on January 29^th 2009 that was $4,319,566,309,231.42 this is typically the figure given to the public as the Deficit because it has not been translated into investment grade securities like bonds and t-bills. On June 29^th it stood at $4,267,837,844,037.80 and that is how he can say our deficit is going down.

However, the larger figure debit held by the public; continues to rise as new bonds and t-bills are created to fund the government, an others retire and pay there holders. This figure represents what we owe investors both US and international, over time. All for keeping us afloat; as of January 20^th 2009 this figure was $6,307,310,739,681.66 and on June 29^th 2009 it stood at $7,090,563,287,093.66 almost a trillion dollar increase in six moths and energy reform and healthcare reform loom to add one to four trillion in total to our debit over time.

The legislation has a flat tax and fee structure with non-participation penalties for not proving you are covered by a qualified health plan or fail to drive an efficient car or fail to sell an energy inefficient property. Pay attention to all news not just big media, be informed and speak up. Put pressure politely on your representatives and the president too. Thank you.

  In Michelle Malkin  colum "Civility and Tolerance in the Age of Obama" of Aprill 22 2009 i see things this way.

What always seems to be forgotten here is that President Obama is of mixed race. He is part black by his Kenyan father and part white by his American mother. For the most part he chooses to play up his Kenyan side. I applaud President Obama for having the view of one man one woman as the definition of marriage; and leaving it to civil unions. If civil unions are deficient in rights to a marriage than modify the law to make them equivalent. There is no reason a gay or lesbian couple cannot have a formal ceremony full of guest with a willing efficient. However, the law should not supersede clergy in this mater. They should not be forced co conduct these functions if they are morally opposed to gay or lesbian marriage.

By the same token both Mr. Hilton and the Miss California pageant need to respect others rights as well. Ms. Carrie Prejean simply stated her belief and also stated that she did not wish to offend anyone, especially Mr. Hilton. It did not seem to me that Ms. Prejean would be the type to actively and publicly demonstrate for this belief and try to impose it via her position as Ms. California. However, in a move, I see as strictly political, in order to appease a markedly powerful segment of California society and seem more tolerant of others nationally as well. Mr. Hilton and the Miss California pageant threw her under the bus. Hilton by resorting to gutter language designed to get more people to follow him on the net out of curiosity than anything else.

Ms. Prejean was asked a direct question designed by Mr. Hilton to get a big response no matter what. If she were in support of gay lesbian marriage roomers may have come out that she is not morally acceptable to represent California. She had to go with her belief and this proves her strong moral character. Mr. Hilton trades on gossip good and bad. He knows that dirt sells more than clean gossip. All that seems to matter is his fan base; he seems to do anything to make it grow on the net and else ware. I suppose I cannot fault him for that, but in this case I think he went too far in defending his point of view. I believe ms.  Prejean should serve out her term as a person of strong personal beliefs. A woman of character for California who respects other beliefs and deserves to have hers respected too.