Scariest Movie of the Year: IOUSA
I read about “IOUSA” a few weeks ago in Money Magazine, but it’s not yet on DVD ... with debt. Although it does reference individual debt as one of the problems of our overall economy, the primary focus is on our national debt and national deficit. The deficit is the difference between [more...]
Date: 2009-01-13 23:56:27
Blog posts
(15)
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Videos
(9)
Introduction to this astounding history by T. W. Hughes
Or do you think you don’t need to know how the Money Power came to be our masters using puppet presidents? ... to get to the real cause of the problem — an economic system designed to enslave people with debt, taxes (indirect debt), prison labor, ”national service” servitude and maintain them measured rations [more...]
Date: 2008-12-01 13:36:38
Guest Post: Yesterday’s Wisdom Applied to Today’s Problems
By Richard Larsen With the plethora of wise men and women who have preceded us in this mortal sojourn, ... worth of stimulus (national debt), and a massive infrastructure building program to “stimulate the economy,” (more national debt) Churchill’s statement seems, well, “Churchillian.” Unemployment [more...]
Date: 2009-01-10 00:00:55
Homoeopathic medicine
I'm certain that ages ago I wrote a post called "economic homeopathy" ... the wrong colours or shooting someone as a debt repayment is far too common, where the establishment blames ... where I asked whether increasing the nation's debt was really the answer to the problems caused [more...]
Date: 2009-01-12 13:50:00
Despite the resemblance to the guy in the Orbitz commercial...
One of the Hobbit tricks that enrages Crusader AXE is their almost orgasmic delight in applying simple solutions to complex problems ... for futility..."By doing this, we will eliminate the national debt, put a pot next to every chicken [more...]
Date: 2009-01-13 17:06:21
European Governments Attempt Rescue Of Fortis, Hypo Real Estate and B
Our politicians have made this economic crisis seem like a national problem, ... markets tried to create a new tool to manage investments in debt that was bad. And that tool ... in consultation with the Belgian government. “The actions taken by the Belgian, Luxembourg [more...]
Date: 2008-09-29 14:08:15
More People Struggle With Medical Debt As Recession Deepens
Increasing numbers of people in the U.S. are facing problems with medical debt, an issue likely to figure "prominently in the looming national debate over reforming health care," Kaiser Health News/Washington Post reports. [more...]
Date: 2009-01-14 14:10:23
Quango Irish Bank.
So, starting close to home, finally, it’s Anglo Irish Zero ... under its hood – you can’t pretend the bill isn’t yours – and, overnight, the Irish national debt ... encumber the State with a truly huge amount of total junk – the problem is that they're probably going [more...]
Date: 2009-01-16 02:21:50
Trial lawyers have money problems
Washington Times: The trial lawyers lobby has been awash in debt and bleeding members - just as it embarks on a national campaign to block any clampdown on medical malpractice lawsuits as part of President Obama's health care overhaul. The American Association for Justice, the most prominent group representing plaintiffs' attorneys, has seen a shake-up in its executive suite and has struggled to deal with what appears to be a mounting budget shortfall. [more...]
Date: 2009-09-28 16:48:00
How to Teach Teens to Spend Responsibly
As job prospects for college grads darken, many parents are weighing bailouts or other support for young-adult children with heavy debt loads, ... . Such a strategy, says Gail Cunningham, a spokeswoman for the National Foundation for Credit Counseling ... consumer item. To teach teens to avoid such problems, credit counselors suggest giving high-school [more...]
Date: 2008-10-08 13:49:01
Six Simple Steps to Avoid Credit Problems in a Bad Economy
The New York Times ran a story today that says the next consumer crisis is credit cards — a sobering fact in a nation that has racked up massive amounts of credit card debt. Unfortunately, when times get hard, many people turn to credit cards ... TVs, but about necessities like medical bills. As a result, I dug myself deep into debt [more...]
Date: 2008-10-29 23:20:31
links for 2009-01-10
Is the Implementation Lag for Infrastructure Investment a Problem? - Econbrowser Why stabilisation policy should focus on the poor - voxeu.otg Andrew Mellon vs Bailout Nation - Bill Gross The Fiscal Stimulus: What Will Work? - Bruce Bartlett Debt and Wealth - Nick Rowe U.S. Monetary Policy Objectives in the Short and Long Run [more...]
Date: 2009-01-10 10:21:27
Debt Rattle, November 23 2008: How can I convey to you?
National Photo Co. Happiness 1919 A child holding the Thanksgiving turkey. Ilargi: It may seem sort of hard to decide which idea is sillier. But then again, that's not really fair. The nonsense oozing from Bush and Canadian PM Harper in Peru about how free trade will solve all our problems within the next 18 months goes way beyond silly [more...]
Date: 2008-11-23 20:47:32
"Is The Deficit A Threat To A Future Recovery?"
Jamie Galbraith responds to the question posed by the National Journal, "Is the deficit a threat to future recovery?" James K ... problem is not that it is too big, but that it is too small. Far too small. In principle ... device to promote expansion, since tax savings will be used first to try to pay down debt... A major [more...]
Date: 2008-12-03 20:24:00
The Borg’s (B)rough ride to the top
From today’s Crikey email: Queensland Liberal National Party leader Lawrence Springborg - often accused by his Labor opponents of being a policy ... have the solution to all Queensland’s problems in the key domains of health, education and transport ... about low taxes and the evils of debt. But actually the game is being played this way because the [more...]
Date: 2009-01-09 04:43:08
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