ok I've been doing some research and adding things up. Here's are the numbers regarding personal American debt across the country"
ALL mortgages:   $14,000,000,000,000
ALL credit cards:   $793,100,000,000
ALL student loans:   $870,000,000,000
ALL auto loans:   $730,000,000,000
adds up to:   $16,393,100,000,000
a little over $16 Trillion dollars and ALL personal debt in America could have been wiped clean...
Which is, ironically, the same amount of money out Government gave away to Banks from Bailout ONE! http://www.forbes.com/sites/traceygreenstein/2011/09/20/the-feds-16-trillion-bailouts-under-reported/ and don't forget we've already had Bailout 2 which the Banks have blown through and now there's talk of Bailout 3!?!
More proof our leaders do not represent the real People of this Nation, only the Corporate "people"