The Debt Bomb and You

Lots of folks these days are concerned about the ever growing national debt and our ability (or lack thereof) to pay it. For those of you out there that are actually concerned (I guess that excludes any liberals that might frequent JBM) this article ought to scare the living shit out of you.Assume you had put much of your savings into U.S. government bonds and then you learned the following. [more...]

Date: 2009-09-29 01:47:50

Blog posts (6) | Videos (5)
 

Pence Challenges Americans To ‘Check’ His Facts: Guess What? He’s Got Them Wrong

Appearing on CSPAN’s Washington Journal this morning, Rep. Mike Pence (R-IN), the third ranking Republican in the House, repeatedly claimed that the solution to the economic ... that the caller was right that Reagan “saw deficits and the national debt grow,” but claimed [more...]

Date: 2009-01-06 22:36:54

Cheap is the new black

From the Wall Street Journal: Hard-Hit Families Finally Start Saving, Aggravating Nation’s Economic Woes Rick and Noreen Capp recently reduced their credit-card debt ... s what economists call the “paradox of thrift.” U.S. household debt, which has been growing steadily since [more...]

Date: 2009-01-06 11:35:39

Terrorism in Gaza – 1000 people butchered and growing (Please continue talking…and watch!!)

Today is the 14th day of the Gaza manslaughter. This morning news on BBC indicates that the scenario in Gaza has worsened ... impact on the genocide in Gaza. They forgot that US is a nation that has trillions of debt and yet ... with trillions of debt, what are a few more millions added to it. It does nothing.Many people [more...]

Date: 2009-01-15 02:36:26

Risky Times (For Payment)

As companies suffer from slowing sales, growing inventories, and failing clients and suppliers, payment risks are at the front of many people’s minds. But it is no longer eager foreign companies ... of malicious debt evasion and breach of contracts by importers in certain nations or regions [more...]

Date: 2009-01-15 09:46:27

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

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