$78.8 Trillion; United States Debt Obligations exceed world GDP; Monetary Collapse Looming?
How in the world are we going to pay off all of this debt? Raising taxes to do it will burden our economy, and then the situation would only get worse. To me the solution is obvious, cut spending. For too long in this country we've had the give me stuff people standing there with their hand out, and the government putting something in it. Does the idea of small government ring a bell? It is what our founding Fathers had in mind when they gave us our constitution. That is why there is a list ...
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: 17/02/09 04:23
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Obama - Our Chinese Credit Card: Bank of China - Buy United States Bonds (Debt), Please!
We're being sold to China, lock, stock and barrel. How stupid are we? Our stupid government runs up massive deficits, then stupid Americans buy massive amounts of Chinese products, and then smart China takes that money and buys up our debt. Can you say; retarded? Better start learning to speak Chinese. Just recently they had Hillary Clinton running over to China begging them to buy our debt. Whats next, are we going to start selling off little pieces of America, like a farmer slowly sells ...
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: 0 min
51
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: 29/04/08 01:24
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Greg Palast Reports- Part 2 of BBC NewsNight Vulture Bond
Investigative journalist Greg Palast reports on one company that has won the right to collect $20 million from the government of Zambia after buying its debt for $4 million. In his recent State of the Union address, President Bush declared the United States was taking on the challenges of global hunger, poverty and disease, and urged support for debt relief, which he called the best hope for eliminating poverty.
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: 6 min
22
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: 27/02/07 17:55
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Greg Palast Reports: BBC NewsNight- Vulture Funds
Investigative journalist Greg Palast reports on one company that has won the right to collect $20 million from the government of Zambia after buying its debt for $4 million. In his recent State of the Union address, President Bush declared the United States was taking on the challenges of global hunger, poverty and disease, and urged support for debt relief, which he called the best hope for eliminating poverty.
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: 5 min
52
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: 27/02/07 16:36
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The National Debt - How Much is Too Much?
Soap Box Laura, with some help from her friends, illustrates the financial position of the United States Government. Laura and her friends show how the debt ratio of our government stacks up against that of some well-known companies like AIG and Ford.
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: 4 min
13
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: 14/05/09 21:48
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Foreign Affairs Hearing on GAO Iraq Report: Debt-Financing
The Foreign Affairs Committee is currently holding a hearing, "Iraqi Benchmarks: An Objective Assessment." David M. Walker, head of the U.S. Government Accountability Office as Comptroller General of the United States, testifies about "shared sacrifice" and "debt-financing" the war in Iraq.
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47
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: 05/09/07 22:34
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The U.S. Debt - Check out What You Owe the Gov't
Watch the entire show at www.theyoungturks.com
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56
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: 13/12/07 21:37
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