Posts Tagged ‘debt’
Debt, deficit…what would Canada do?
While this country is involved in discussions (held mostly in secret) concerning our ever increasing debt, and ever increasing spending, perhaps we should look to what the liberals in Canada did. Yes, you read that correctly, the liberals.
Read MoreWhat the debt negotiations aren’t
The negotiations on spending cuts and deficit increases (somewhat of an oxymoron) are basically being conducted in secret. This alone conjures up visions of Obamacare, which, now that we can see what’s in it, is becoming more and more unpopular. But, even though the “negotiations” are being held behind closed doors, we have learned what the President will…
Read MoreInterest payments or kick-backs? US provides foreign aid to countries who buy US debt
Really now… what else could it be? Certainly the United States is the undisputed champion when it comes to providing foreign aid to countries in need, but if those countries have the resources to lend the United States a few million here or a few million there, why is this exchange happening?
Read MoreMichael Walsh: Time to end the spending shell game
Michael Walsh is in-studio today and we’ll be discussing his New York Post article out this morning. He’s also promoting the release of one of his earlier novels available for your Kindle and Kindle apps.
Read MoreObama administration sells a tale: “We’re not adding to the debt”
Oh come on now. President Obama’s own budget clearly shows there will be a deficit for years to come. For the next couple of years, we’re talking about $1 trillion-plus each year. Somehow, the president and Jay Carney, the new White House spokesperson, wants you to believe those future deficits do not mean they are…
Read MorePerhaps there is a victory in the Obama Tax “Compromise”
I alluded to this at the very end of the show, so perhaps I should post on this. There was one point during the “angry” Obama announcement from last night, Obama was forced to admit that fiscal conservatives were indeed right. Raising taxes costs jobs, not just people’s income. But that’s not all.
Read MoreBi-partisan commission on reducing the debt – draft report
With the federal legislative session not exactly in full swing, you have plenty of time to review President Obama’s bi-partisan commission’s “how to reduce the debt” draft report. Unfortunatley, I don’t have time to read much this evening, but I wanted to provide you a link to the PDF for your reading pleasure.
Read MoreThe stark reality of our national debt
Reams have been written about extending, or not, the Bush tax cuts. Many in Washington claim, now that the election is upon us, that something must be done to reduce the deficit, and, we are presumably led to believe that increasing taxes on the very wealthy is the answer.
Read MoreTARP Transparency – $ Update
TARP transparency documentation is released.
Read MoreIf You Can’t Afford It…
The Hartford Courant – along with a bunch of other MSM outlets – released an AP news story detailing how more and more people are falling behind on their credit card debt. The value of credit card accounts at least 30 days late jumped 26 percent to $17.3 billion in October from a year earlier…
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