Post Tagged with: "interest on the debt"

June 20, 2013 06:25

Is The Fed Acting Like a Day Trader?

Rick Santelli rants against recent Fed statements and stock market dependence on the Fed’s buying of government debt known as QE.

January 10, 2013 08:10

The Psychotic Fed

The laws of economics have not changed just because the Fed chooses to ignore them. These laws cannot be repealed by the Fed nor can they be altered.

May 19, 2011 06:07

Raising the Roof on Debt – Peter Schiff

No Congressman wants to be on the record voting for unlimited debt, yet most are willing to rail against fiscal recklessness while raising the ceiling every time it’s reached. Any Congressman who gives lip service to a balanced budget Amendment but votes to raise the debt ceiling is a hypocrite.

February 21, 2011 05:41

What Is Wrong With The U.S. Economy? Here Are 10 Economic Charts That Will Blow Your Mind

Hopefully the charts in this article will help people realize just how nightmarish our economic problems have become, because until people start realizing how incredibly bad things have gotten they will never be willing to accept the dramatic solutions that are necessary to fix our financial system.

February 18, 2011 05:18

Treasury Secretary admits Obama’s budget will bust the bank

Treasury Secretary Timothy Geithner said the budget proposed by President Barack Obama could leave America with “unsustainable obligations over time.”

January 13, 2011 10:18

US economy is just the best horse in the glue factory

Erskine Bowles and Alan Simpson co-chairs of Obama’s Deficit Commission explain the dire consequences of continuing deficit spending and rising debt. Economic collapse will ‘be very swift and very dramatic’.

January 12, 2011 09:42

10 Things That Would Be Different If The Federal Reserve Had Never Been Created

The U.S. government has given the power of money creation over to a consortium of international private bankers. Every single year, hundreds of billions of dollars in profits are made lending money to the U.S. government.