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China to Continue Buying U.S. Debt »
Posted by: FunnyBoyz 7 months, 4 weeks ago in Business & Finance
China will continue buying U.S. government debt while paying close attention to possible fluctuations in the value of those assets, a vice governor of ...
(read more)Read (501) | Share | Discuss (16) | Read Full Story at time.com
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This is What A Collapse Looks Like »
Posted by: dissent 8 months, 1 week ago in News
Some of you may not realize that Argentina, a country rich in natural resources with a generally well-educated population, has undergone an economic collapse since ...
(read more)Read (1290) | Share | Discuss (5) | Read Full Story at foundingfather1776.wordpress.com
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US economic myths bite the dust »
Posted by: dissent 3 months ago in Political Opinion
The Great Recession is allowing some widely held beliefs about the US economy – which were the source of much evangelism over the last few decades ...
(read more)Read (221) | Share | Discuss (17) | Read Full Story at guardian.co.uk
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Recovery Through Debt Slavery »
Posted by: Shana4Liberty 8 months, 3 weeks ago in News
Does it make sense that our “economic growth” requires our taking on new debt at an accelerating rate to prevent defaults from exponentially-growing compound interest ...
(read more)Read (594) | Share | Discuss (27) | Read Full Story at unitedliberty.org
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Lawmakers Grill Bank CEOs About Use of Federal Funds »
Posted by: KrazyKorean 9 months ago in Business & Finance
Recent reports show that banks are continuing to tighten their credit standards, despite receiving nearly $200 billion in TARP funds this year. Following media reports ...
(read more)Read (508) | Share | Discuss (7) | Read Full Story at thinkdebtrelief.com
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CBO: Federal budget is on unsustainable path... »
Posted by: gandalff 4 months ago in Business & Finance
Under current law, the federal budget is on an unsustainable path, because federal debt will continue to grow much faster than the economy over the ...
(read more)Read (314) | Share | Discuss (49) | Read Full Story at cboblog.cbo.gov
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E pluribus hokum or When the gamblers bail out the casino »
Posted by: jovial 1 year, 1 month ago in Business & Finance
Why should American taxpayers give US Treasury Secretary "Hank" Paulson a blank check to bail out the shareholders of busted banks? Why should the Treasury ...
(read more)Read (2353) | Share | Discuss (37) | Read Full Story at atimes.com
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The Bush Bust »
Posted by: tehranchik 7 months, 3 weeks ago in Business & Finance
I'm glad to see that a new PBS special takes its time to let people know just how responsible the Bush administration was in ...
(read more)Read (316) | Share | Discuss (14) | Read Full Story at andrewsullivan.theatlantic.com
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Mortgage debt waived after bank can't find paperwork »
Posted by: svivar9087 2 weeks, 4 days ago in Business & Finance
Two weeks ago, a bankruptcy court in suburban New York did the unthinkable: It waived a homeowner's mortgage debt after the bank trying to ...
(read more)Read (155) | Share | Discuss (4) | Read Full Story at walletpop.com
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How Credit Card Companies And Credit Repair Firms Deceive Consumers »
Posted by: bartgatsby 3 months ago in Business & Finance
In the credit card world, scam operators are taking money from innocent customers without adding value, misrepresenting claims and simply performing shoddy service. Fortunately...
(read more)Read (134) | Share | Discuss (0) | Read Full Story at financezee.com
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The National Debt Never Sleeps—and Neither Should You »
Posted by: y_soitenly 3 months, 1 week ago in Political News
Ready for a good scare? The national debt clock is now online, and it's brought 38 of its evil statistical friends with it to ...
(read more)Read (340) | Share | Discuss (7) | Read Full Story at cnbc.com
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Maybe Germans Did Learn Something From The Weimar Republic »
Posted by: Shana4Liberty 7 months, 3 weeks ago in News
When President Obama arrives in Germany this week he will enter a nation where his election has brought newfound goodwill towards America; but will the ...
(read more)Read (380) | Share | Discuss (9) | Read Full Story at unitedliberty.org
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How Foreclosure Affects Your Credit Score »
Posted by: bartgatsby 3 months ago in Business & Finance
Foreclosed on? Just because you may have lost one home doesn’t mean you’ll never be able to buy another. But first, you need ...
(read more)Read (209) | Share | Discuss (0) | Read Full Story at financezee.com
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Obama on Unsustainable Debt »
Posted by: populist 6 months ago in Political News
“We can’t keep on just borrowing from China,” President Obama declared at a town hall meeting in New Mexico yesterday. “We have to pay ...
(read more)Read (476) | Share | Discuss (22) | Read Full Story at dailyreckoning.com
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The Free Market, Financial Style: How the Scam Works »
Posted by: dissent 7 months, 3 weeks ago in News
Newspaper reports seem surprised at how high banks are bidding for the junk mortgages that Treasury Secretary Geithner is now bidding for, having mobilized the ...
(read more)Read (271) | Share | Discuss (3) | Read Full Story at counterpunch.org
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