From my man Barry Ritholtz, who of course aggregated it from someplace else, which in this case happens to be - Der Speigel - often an interesting source of news...
Barry's commentary is clever as always - it's always worthwhile in my experience to drop by his blog.
"Its kinda funny — how come so few people (especially those on the right) were all that upset about the massive surge in debt under Bush? Is it that they only recently kinda figured out the significance of debt — or are they are merely hypocrites when it comes to this sort of thing?"
http://www.ritholtz.com/blog/2011/10/us-debt-accumulation-by-president/