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Do not Raise The Debt Ceiling
http://www.speaker.gov/blog/?postid=240654We need to cut trillions not billions and unless we do we should not raise the debt ceiling! Obama is spending 4 trillion dollars a year even though historically revenues don't exceed more than 20% of GDP which for now is less than 3 trillion. That means we...
- 17
U. S. Government should borrowing a lot more money
With 12-month treasury bond rates at 0% -- that's right, zero percent -- and the 30 year treasury bond rate at 4.3% it means it is a great time to borrow. It Does not mean the Government has to spend the money, just borrow it now when it is at the lowest rates ever. Who are these treasury bond...
- 88
Place the blame for our economic woes where it belongs
Millions of people do not understand that we have a debt monetary system.The actual creation of money (always) involves the extension of credit by private commercial banks.This means interest bearing loans, so all M1 money in existence is debt. There is never any money created to pay the...
- 14
Biden Student Loan Relief --- Yes He Is Still At It
Biden-Harris Administration Announces Nearly $5 Billion in Additional Student Debt ReliefWhat are your thoughts on Biden's recent announcement regarding student loan debt relief? The Biden-Harris Administration has approved an additional $4.8 billion in relief for over 80,000 borrowers, bringing...
- 62
Do you believe the United States is bankrupt?
And what does it mean for us?
- 79
Ron Paul promises to end federal student loans.
Presidential hopeful Ron Paul, with a net worth reported between 2-1/4 and 5 million dollars, has announced a new plan that will make it more difficult for poor Americans to escape from under the yoke of poverty. In addition to shaving $1 trillion dollars from the federal budget by eliminating five...