At least that is what this article claims. Considering their description (which is actually an SEC description), I'd say they were right.
Ponzi Treasury Issues $1 Trillion New Debt
On top of that is an article on Zero Hedge about Obama's addition to the national debt. Up around 70% since his administration began.
Total U.S. Debt Rises Over $18 Trillion
Ponzi Treasury Issues $1 Trillion New Debt
On top of that is an article on Zero Hedge about Obama's addition to the national debt. Up around 70% since his administration began.
Total U.S. Debt Rises Over $18 Trillion