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Old 05-14-2009, 05:25 PM
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Default What does this mean...

I dont want to read more into this statment than what the President meant but sort of scares me in regards to taxes to come...

"Obama Says U.S. Long-Term Debt Load ‘Unsustainable’ "

"President Barack Obama, calling current deficit spending “unsustainable,” warned of skyrocketing interest rates for consumers if the U.S. continues to finance government by borrowing from other countries."

http://www.bloomberg.com/apps/news?p...efer=worldwide