Posts Tagged ‘debt’
EC: Why Democrats Don’t Care about $9.7 Trillion »
Dennis PragerTuesday, March 09, 2010As reported by The Washington Post, "President Obama's proposed budget would add more than $9.7 trillion to the national debt over the next decade, congressional budget analysts said Friday."CNN adds, "Of that amount, an estimated $5.6 trillion will be in interest alone." The Post continues: "The CBO [...]
Obama Debt: $20,000,000,000,000 by 2020! »
By John W. LillpopAs reported, in part, by spectator.org (1), Barack Obama’s reckless budget plans will cause the US debt to swell to $20,000,000,000,000 by year 2020.Twenty trillion dollars!Excerpts from the report:“The Congressional Budget Office has released its assessment of President Obama's budget, and the results aren't pretty. [...]
Britain Grapples With Debt of Greek Proportions »
As Greece’s debt troubles batter the euro, Britain has done its utmost to stay above the fray. Until now, that is. Suddenly, investors are asking if Britain may soon face its own sovereign debt crisis if the government fails to slash its growing budget deficits quickly enough to escape the contagious fears of financial markets.' Read
Soros, Goldman, Hedge Funds Attack Greece, Euro »
Now comes concrete proof of this conspiracy in the form of a Feb. 8 "idea dinner," held at the Manhattan townhouse of Monness, Crespi, Hardt & Co, a boutique investment bank. Among those present were SAC Capital Advisors, David Einhorn of Greenlight Capital (a veteran of the fatal assault on Lehman Brothers in the late summer of 2008), Donald [...]
Bunning throws a strike!… »
Bunning Defends His Position March 2, 2010 By Mark Memmott On the floor of the Senate, Republican Jim Bunning of Kentucky just defended the position he's taken that has delayed an extension of jobless benefits for the nation's unemployed and has forced the furlough of about [...]
Obama Appoints Federal Reserve Operative to Debt Panel »
Former Federal Reserve Vice Chair, CFR and Trilateral Commission member Alice Rivlin. It can’t get more surrealistic. Obama has appointed a former member of the primary organization responsible for socking future generations with crushing debt to a government panel ostensibly designed to address that engineered debt. Obama created the debt [...]
Hmm, what do you think? »
Buffett's Partner: 'It's Over' for U.S. Economy Dan WeilCharlie Munger, Warren Buffett’s longtime business partner in Berkshire Hathaway, warns in a new column that the U.S. economic empire is crumbling before our eyes, thanks to federal debt and poor planning.In an article penned for Slate.com, Munger uses the form of a parable to explain how [...]
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Official Obama Stagflation Sets InFrom: Lame Cherry If you have not noticed in your cities and neighborhoods there has now engulfed America in the real economy, an economic slowdown which has even reached the Republican states with no draconian income taxes and Democratic massive spending debt.Numbers I just received showed the most lovely of [...]
Did Wall Street Bail Out Greece? »
The European Union has asked Greece to explain reports that it engaged in derivatives trades with US investment banks that may have allowed it to mask the size of its debt and deficit from EU authorities.Goldman Sachs made up an exchange rate that allowed the Greeks to look as though they were only engaging in a currency swap when, in effect, [...]
MUST READ ARTICLE… »
Congress refuses to bring home millions of jobs Part I By: Devvy February 15, 2010 "He, therefore, who is now against domestic manufacture, must be for reducing us either to dependence on that foreign nation, or to be clothed in skins, and to live like wild beasts in dens and caverns. I am not one of these; [...]
