Deficit, Debt, and Debt Interest
Green Energy

Deficit, Debt, and Debt Interest


If the video below is accurate, how long before total economic collapse?



Thanks to Z for emailing me the link to the above video.




- The Ridiculous Idea That Raising The Debt Limit Does Not Increase The Debt
If your home budget shows you are spending $12,000 a month, and your income is $10,000 a month, and you have a giant credit card your are funding your life with, your are increasing your debt by $2,000 a month.Sooner or later your need a larger limit...

- Idiot Wind At The New York Times: "consumers Need To Save Less And Spend More In The Name Of A Better Future”
This is the advice of a highly paid professor of history at Rutgers, James Livingstone in a truly comedic Op-ed today.AS an economic historian who has been studying American capitalism for 35 years, I’m going to let you in on the best-kept secret of...

- The Obama Presidency By The Numbers
With a hat tip to Rational Nation USA: Fact check (dated October 5, 2011):The Obama administration passed another fiscal milestone this week, according to new data released by the Treasury Department. As of the close of business on Oct. 3, the total...

-
CNSNews: $2.4 Trillion Would Be Largest Debt-Limit Increase in U.S. History Monday, August 01, 2011 By Terence P. Jeffrey (CNSNews.com) - The bill to increase the federal debt limit that has been put before Congress today would increase that limit by...

- For Discussion: Deficit Reduction
HERE in the Washington Post you can read the highlights of the deficit-reduction proposals. The include the following:-Overhaul individual income taxes and corporate taxes. For individuals and families, eliminate a host of popular tax credits and deductions,...



Green Energy








.