Besra Gold Inc (BESAF)

[Spellbound]

NY Times: Nation's Debt Time Bomb Clock is Ticking Faster Than Ever

Ref - http://www.nytimes.com/2009/05/04/business/economy/04debt.html?_r=3&ref=business

. . . the Treasury Borrowing Advisory Committee, a group of industry officials that advises the Treasury on its financing needs, warned about the consequences of higher deficits at a time when tax revenues were “collapsing” by 14 percent in the first half of the fiscal year. “Given the outlook for the economy, the cost of restoring a smoothly functioning financial system and the pending entitlement obligations to retiring baby boomers,” a report from the committee said, “the fiscal outlook is one of rapidly increasing debt in the years ahead.”