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Bedtime Stories with Gerry

Gerry Connolly is a Congressman. Gerry used to be Chairman of the Fairfax County Board of Supervisors ... to increase the national debt. Right now, the National Debt is approaching 11 Trillion dollars ... be over $41,000. Foreign countries and other investors own that debt. Every time we spend money [more...]

Date: 2009-01-15 04:01:55

Blog posts (323) | Videos (132)

National Debt Relief Stimulus Plan Fights Recession and Unemployment

The U.S. economy has lost 5.7 million jobs since the recession began in December 2007. This frightening loss, which heightening the $2.3 trillion consumer debt epidemic, incapacitated huddles of Americans to default on financial obligations to their creditors. Aiming to curb the unemployment crisis, DebtFreeLeague.com rolled out the National Debt Relief Stimulus Plan. The incredible debt reduction benefit couldn’t have arrived at a more opportunistic time. [more...]

Date: 2009-09-05 09:06:40

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

Add Your Comment:

« PreviousReading Rod Blagojevich Next »The Republican Response All That Debt Posted by Joe KleinWednesday, September 9, 2009 at 1:15 pm 60 Comments • Trackback (1) Andrew Sullivan is right on target about why the budget deficits--and national debt--are so high: it's the Republicans, obviously.Indeed, there are only two presidents in the past 50 years who took the national debt seriously after it exploded when Lyndon Johnson refused to fund the Vietnam war--George H.W. Bush and Bill Clinton. [more...]

Date: 2009-09-09 17:15:12

The Kangaroo is Still Hopping

T oday was one of those days when a couple of trends came together that should be making us think seiously about changing our current fiscal and monetary policies. The first thing I was was this debt chart from John B Taylor that shows how our current policy will effect the national debt. Projected national nebt as a percentage of GDP This what you call your unsustainable debt path. [more...]

Date: 2009-09-25 03:07:24

Getting Out Of Credit Card Debt

Now that the nation is fully aware of how much debt we are facing as a country and individuals the time has come for each person to address their own personal finance demons.  The one thing that commonly holds consumers back from achieving their financial goals is high interest credit card debt.  Statistics vary on how much debt each household is currently carrying but the sad truth is many people are living paycheck to paycheck just trying to make ends meet.  When credit card payments [more...]

Date: 2009-09-07 06:00:00

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

Who Really Rules Your World

We have all heard it said that “money is the root of all evil” and probably thought that was a bit of an exaggeration ... distribution of wealth; inflation; national debt; currency crises and devaluations; recessions; depressions ... to govern the world. If you have any doubt about that, please read on. National Debt: We’ve all heard [more...]

Date: 2008-12-29 11:53:02

How To Consolidate Debts

by John Brennan Our debt is increasing daily, whether it is the national debt, ... . One way out of this situation is debt consolidation, a process that more and more peoole ... prolongs the inevitable. Debt consolidation, if approached correctly, can result in eventual [more...]

Date: 2008-11-26 19:51:10

No Money in Washington, D.C.? No Matter!

Washington, D.C. is another world.  Today the company newsletter, otherwise known as the Washington Post, had an article entitled “U.S. Debt Expected to Soar This Year:  $2 Trillion Increase May Test Federal Ability to Borrow” ... a massive spending package aimed at pulling the nation out of recession, the national debt is projected [more...]

Date: 2009-01-04 00:02:21

CCHQ launch new campaign materials

Picture_3 Earlier this week when conservatives.com launched a national debt clock you asked for it to e embeddable and personalised. CCHQ have obliged. Rather than showing the whole national debt the widget they've just launched (much more meaningfully) shows you your own share of Brown's debt... and click here to embed [more...]

Date: 2008-11-29 16:53:53

Breaking News - Political Commentary

U.S. Could be Facing Debt 'Time Bomb' This YearBy Lori Montgomery - The Washington Post / MSNBCInvestors' thirst for American securities could ... considering a massive spending package aimed at pulling the nation out of recession, the national debt ... , with some short-term investors literally giving the government money for free.But about 40 percent of [more...]

Date: 2009-01-03 13:25:00

Euro Benefits - Revisited

Back in 1999 - 2000 there was a great debate about whether UK should join the Euro ... national debt) as there is less fear of governments defaulting.Greater confidence. The current turmoil ... to persist with unsustainable deficits. For example, Italy has national debt of over 105% of GDP [more...]

Date: 2009-01-14 09:34:00

No Ordinary Black Swan Event

by The Mogambo Guru It may be part of the "Season of Giving" for which December is famous, but readers are writing to helpfully suggest things, ... Gross National Debt now being $10.601 trillion, versus last year at this time when it was "only" $9.139 ... us, as a nation, another $1.462 trillion in debt in one year! One year! One! And all of this [more...]

Date: 2008-12-31 21:55:59

Rewrite the State Budget!

by John Bambenek and Adam Andrzejewski At an education policy conference, from the podium an Illinois state representative says, ... now, the clarion call cannot be more clear…$2 billion of unpaid bills; worst pension debt in the nation; a total state debt of $110 billion; years of functionally unbalanced budgets; a Governor instituted, multi [more...]

Date: 2008-11-21 15:38:35

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

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

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

Repudiating the National Debt

Repudiating the National Debtby Murray N ... in "off-budget" loan guarantees and contingencies, the grand total federal debt is $20 trillion.Before ... debt, which was then scraping the legal ceiling of one trillion dollars. They cried because [more...]

Date: 2009-01-13 02:13:00

No need for debt now, says National Grid

National Grid Corporation of the Philippines, the new operator of the country’s power distribution grid, is at the moment not considering tapping the debt market to amortize its $3-billion concession fee balance, company president and chief executive Walter Brown said Thursday. More… [more...]

Date: 2009-01-15 22:02:10

How the Banksters are Making a Killing Off the Bailout

Posted by willyloman on October 19, 2008 By PAM MARTENS from Counter Punch, here ... and generosity and devotion exist….” Today, we hand our 8 year olds a $13 trillion national debt while ... the cause of the debt collapse. Worse still, the money is doled out to the very same individuals [more...]

Date: 2008-10-19 12:33:25

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

American Opportunity Tax Credit

As a general rule, I typically oppose almost all federal government spending on anything other than the responsibilities expressly outlined in our Constitution. I believe that such expenditures result in waste, corruption, debt and a limiting of the right to “life, liberty and the pursuit of happiness”. Much of government sponsored financial aid has really only served to drive up the price of a college education and increase the amount of our national debt. [more...]

Date: 2009-09-23 11:00:09

Obama's Economic Stimulus Omissions?

The cornerstone of magic acts revolves around the magicians’ ability to hide the deceptive elements that create the illusion ... projects. The cost of his vision will add another $775 billion to the national debt. Improving ... , when it decides what we should spend on national security. Nor did he mention the reduction of capital [more...]

Date: 2009-01-12 10:51:28

Opinion: Spend, spend, spend the mantra of lawmakers

YOU MIGHT GET A lot of opinions why the federal government’s balance sheet - predicted yearly deficits in the trillion-dollar range and an overall national debt of well over $10 trillion - is what it is. But the simple explanation is that Uncle Sam cannot resist spending more money than there is to spend and has been doing so out of habit for many years.One need only look at a single spending bill passed last week by the Senate to understand that, for all the lip service lawmakers give to fiscal [more...]

Date: 2009-09-28 22:02:20

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

Theodore Roosevelt was no conservative

“I opened the doors of the Democratic Party, and 20 million people walked out.”- George McGovern, 1972 ( ... services to the Nation?And then the DEBT is SHARED by the Nation to pay back?This was changed during [more...]

Date: 2009-01-09 14:44:00

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

App Bargain Bin: Daily Price Drops

PhotoBuddy - $1.99 Free (ONE DAY ONLY) “Provides convenient ways to help professionals and amateurs calculate some of the most needed camera ... written in collaboration with the creator of the TV show, Anthony E. Zuiker!” - Debt Clock - $.99 Free (PRICE DROP) “Realtime view the US National Debt, complete with the latest Pork news [more...]

Date: 2008-11-21 06:12:02

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

How the Banksters Made a Complete Killing off the Bailout

By Pam Martens, CounterPunch. Posted October 21, 2008 ... and generosity and devotion exist.” Today, we hand our 8 year olds a $13 trillion national debt ... to determine the cause of the debt collapse. Worse still, the money is doled out to the very same individuals [more...]

Date: 2008-10-21 14:54:44

Capitalism Derailed--it's a Good Thing

(Author's note: this is a revised version of a previous post.  I received some great and critical feedback, which, hopefully, is reflected here.) ... , our collective credit card is beyond maxed out: the national debt is estimated around $10.6 trillion ... Whether you recently lost your home or your job, had a pay cut, had to run up your credit [more...]

Date: 2009-01-04 23:33:36

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

Stars of Political Cartooning - James Gillray

Each day this month I will be profiling a notable political cartoonist ... , but they were clearly involved - she facilitated his craft and he, I dunno, kept her company, I suppose ... had a large national debt. Note the Prince of Wales getting a check to pay off his debts on the right [more...]

Date: 2008-10-14 06:21:36

Barack Obama's term has already ended

This blog deals in hard facts and not the chiming in of Henry Kissinger on New World Order Obama nor the xylophone of planking media types whose ... whose main concern in life is to gather funds for the financiers, in debt nations to bankruptcy ... drain bleeding out more American funds.China will be incapable of buying debt as her economy [more...]

Date: 2009-01-09 05:11:00

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

D. Other Publishers

A number of publications from non-Nolo publishers have a wealth of information beyond what is in this book. The Ultimate Credit Handbook, by Gerri Detweiler (Plume Books), covers everything you’d want to know about credit ratings, credit cards, completing credit applications, protecting your credit privacy and many other topics. Surviving Debt: A Guide for Consumers, by National Consumer Law Center. NCLC is a nonprofit organization that normally publishes books to assist lawyers. [more...]

Date: 2009-09-24 02:03:01

Clinton, Reagan, Nixon, LBJ: Farewells

Clinton, Reagan, Nixon, LBJ: Farewells George W. Bush will aim between somewhere between tortured and soaring. Posted January 13, 2009 2:30 PM [ ... of our national debt, on track to be debt-free by the end of the decade for the first time since 1835 [more...]

Date: 2009-01-13 20:03:27

Project A Day @ Fiskarscraft

Project A Day @ Fiskarscraft birthday surprise Designer: Cathy Zielske http://cathyzielske.typepad ... from the Science Museum of Minnesota to a chain of Texas grocery stores to a national trade magazine for debt collection agency owners. (Yes, even debt collectors [more...]

Date: 2009-01-03 18:00:00


The Dems, bereft of ideas particularly in relation to the economy and terrorism, want to beat a dead horse ... dismissals of U.S. attorneys. The congressionally appointed commission should have subpoena power ... , frivolous law suits, and a rising national debt that threatens our global Independence certainly provide [more...]

Date: 2009-01-14 01:48:17

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

More newspaper endorsements for Obama

CA – Pasadena Star-News: This election will chart the course not just for the next four years but for many more as the incoming president and Congress grapple with two wars and an economic crisis while carrying an onerous national debt and skyrocketing budget deficit on their backs. To best meet these challenges, we respectfully endorse [more...]

Date: 2008-11-03 07:20:01

Is the Canadian Action Party for Real? Makes more sense than the Zionist parties!Date: Sun, 11 Jan 2009 12:44:55 -0800 From: drmoulden@rogers ... debt. This incredulous debit-sink stems from the early 1970′ to present. 95% of this burgeoning debt ... us away from our own Bank of Canada, plummeted our Nation into debt, raised all of our taxes [more...]

Date: 2009-01-13 07:35:42

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

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

A Look At 2009 From The Inside: Real Estate, Credit, and Debt

About two months ago I wrote a post that included information from a monthly magazine, (sic), I read religiously ... with more regulations. Consumer advocates will thrive and collection agencies will be riddled with compliance ... who is president and chief executive officer of debt broker National Loan Exchange, Inc. as [more...]

Date: 2009-01-02 15:47:36

Wednesday linkfest

Obama will create the first CTO position for the US government. You can suggest and vote on what the CTO’s agenda should be ( ... they realize it or not. Good advice here. U.S. debt clock runs out of digits. This electronic sign in Time Square was a big deal when put up in 1989. But it has run out of space when the national debt hit [more...]

Date: 2008-11-19 19:00:27

What are the Issues Around Torture?

We were shooting this topic around at work today.  I think there are two separate issues here ... : Torture is a violation of international and American law. It would seem that we (in the person ... toward the national debt. Bush, Cheney, Rice and buddies have to be careful when traveling abroad [more...]

Date: 2009-01-15 05:21:16

Financial transactions tax is a new idea for a country that needs them

Although our focus is on Minnesota, balancing public budgets is a universal issue right now, ... and the national debt are streaking toward the moon. And the only remedy anyone has come up with for fending ... be a considerable expense for someone who is buying futures, or a stock, or any asset at 2 o’clock [more...]

Date: 2009-01-13 19:26:41

Restore the Republic Radio (Formerly Revolution Broadcasting) to launch a left leaning liberty minded channel.

Revolution Broadcasting which is directly affiliated with those who brought you the Revolution March recently merged their efforts with Restore The ... and Chuck Baldwin: Foreign Policy: The Iraq War must end as quickly as possible with removal ... statements and excessive use of executive orders. The National Debt: We believe that there should [more...]

Date: 2008-10-21 22:00:06

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