US Deficits, IMF Hypocrisy, China & You

Dear readers, never let it be said that my blog posts--rants if you're so inclined--are the product of mere creative writing ... percentage terms, America's national debt isn't particularly high compared to those of other industrialized ... size as well. I am aware of America's extraordinary privilege of being able to print its debt [more...]

Date: 2009-01-08 07:52:00

Blog posts (16) | Videos (10)
 

A 9-12 Project Report–The Mother’s Challenge: Moms To Politicians–Your Massive Government Spending Is Killing Our Children’s and Grandchildren’s Future

“History never looks like history when you are living through it. ~John W. Gardner http://src.senate.gov/public/index.cfm?FuseAction=Graphics.ViewLarge&File_id=19780049-f853-4ad4-9e23-cb9cb3e8fc17 United States of America National Debt Clock–Must See It To Believe It! http://www.usdebtclock.org/charts/national-debt-as-a-percent-of-gross-domestic-product.html   Stop Spending Our Future – The Crisis   Daniel J. [more...]

Date: 2009-09-26 14:15:16

Bailout Response

This week our country decided to bailout the economy with a $700 million in aid to lenders so there wouldn’t be a total collapse ... it is about financial loss or profit. In America we have cultivated an attitude of consumer spending that has led to consumer debt.  Not only do we have national debt increasing, but household debt [more...]

Date: 2009-01-14 06:55:55

Colleges Profit From Credit Card Companies Predatory Practices

Universities and colleges have long had a warm relationship with credit card providers ... with a $2,000 spending limit.  Thinking I was privileged, being able to wet my appetite for America’s debt ... the need to envelope our nations young in the debt [more...]

Date: 2009-01-07 23:57:56

Dandelion Salad By Paul Craig Roberts 10/06/08 “ICH” America has become a pretty discouraging place ... , social programs, and national debt reduction.  However, without the Soviet Union as a check ... office. It was in 2000 that derivatives and credit default swaps were excluded from regulation [more...]

Date: 2008-10-07 02:29:39

20 Comments on the Current Economic Scene

1) There are firsts for everything. Americans paid down debt for the first time, according to a Federal Reserve Study that started in 1952. America has always been a pro-debt and pro-debtor nation. It goes all the way back ... year period. But, the Pilgrims did extinguish the debt. Us, well, I’m amazed at the decrease [more...]

Date: 2008-12-18 21:00:40

The Corporate Elite & Uncle Sam at their WORST!

-------------10/26/2008"Jonathan Melle", who lives in the bottom 10% of America's income & wealth set, via the U.S. Government, which has over $10 trillion (nominal) and counting higher in federal government national debt, now owns shares in my nation's corporate elite financial institutions, including, but not limited to, [more...]

Date: 2008-10-26 19:56:00

Evening Buzz

Permalink | Comments (0) | TrackBacks (0) America's Inauguration: A Retrospective--Thomas Jefferson: Americans "Enlightened by a Benign Religion" ... Government, which shall restrain men from injuring one another, shall leave them otherwise free ... , when national administrations of both parties are planning to add trillions to the national debt [more...]

Date: 2009-01-15 21:04:04

Commentary: King paved the way for Obama

Clarence B. Jones, CNN - Next week, the day after our national holiday commemorating the 80th birthday of Dr ... and institutional racism in the United States. America owes a great debt to Dr. King. Prior to him, our nation [more...]

Date: 2009-01-16 02:40:01

Will America Split, Again?

A Russian professor, Igor Panarin, has been predicting for more than 10 years that the U.S. will soon break-up into smaller parts ... . There is no shortage of cracks in the current system we live under. Our rapidly rising debt to other nations ... request (treasury certificates) what do we do next?On another note, Florida is looking and sounding [more...]

Date: 2009-01-10 17:32:00

In-hog-aural...

Tonight, the beautiful wife and I had a talk tonight about the following... On January 20th, a wave of change will sweep our nation. Or will it? At the forefront of this new direction for America is the man that will change politics forever...Barack Obama! He'll immediately deal with the trillions of dollars of debt that America is in, two [more...]

Date: 2009-01-16 03:45:09

America's Inauguration: A Retrospective--Thomas Jefferson: Americans "Enlightened by a Benign Religion"

March 4, 1801 Thomas Jefferson would wear no ceremonial swords to his simple swearing-in ceremony ... Government, which shall restrain men from injuring one another, shall leave them otherwise free ... , when national administrations of both parties are planning to add trillions to the national debt [more...]

Date: 2009-01-15 19:10:12

An honest-to-God advocate gets a top job

No, not on the national security team — get real. And not exactly a top job — her power as head of a panel. . . ... of the nation,” she said. “You cannot repair this economy if you can’t repair those families, and I’m not sure ... , low savings and high debt have left America’s households extremely vulnerable.” She understands [more...]

Date: 2008-12-02 14:10:30

Banks Agree to Wipe Out Up to 40 Percent of Credit Card Debt But Watch Out.

Credit card lenders include Discover Financial Services LLC, Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co ... with the help of the National Foundation for Credit Counseling, Consumer Federation of America and the Financial Service Roundtable to start the process of creating a debt solution, other than [more...]

Date: 2008-10-31 15:51:17

A growing financial burden By John Schenkenfelder Mr ... to revive America's economy. In the short term, we can easily justify massive tax cuts, corporate ... this nation has selfishly failed to balance its budgets and reduce debt. When the economy is back [more...]

Date: 2009-01-15 20:44:03

Bank of America Seeks Second Bailout From Treasury Department

Yesterday, I speculated on the question of whether a bailout of those in credit card debt would be fair ... bailout funds to one of the nation’s largest credit card issuers. Just when I had begun to think ... of banks that would survive the banking crisis and benefit from consolidation in the industry [more...]

Date: 2009-01-14 23:32:04

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