Are you worried about the government running deficits in the hundreds of billions of dollars and a debt in the TRILLIONS? If so, then you should be really angry at people calling for the Federal Reserve Board to raise interest rates. If the rate hikers get their way, they will add trillions of dollars to the debt burden borne by our children and grandchildren. Okay, I’ll stop with the deficit hawk garbage, but there is a simple point here. If the Fed slows the economy and keeps people from getting jobs, we will face larger budget deficits.
Continue reading The Inflation Fighters Want to Increase the Debt Burden on Our Children
How one wealthy couple successfully triumphed over debt: “They sold two of their homes and four of their cars. They ate at home more frequently. They canceled their cable television and cellphone plans. And they saved $1.7 million for retirement.” If they can do it , anyone can. Read more…
Continue reading How one wealthy couple successfully triumphed over debt: “They sold two of their homes and four of t
Gordon Brown says an independent Scotland would become “an international outcast” if it refused to accept a share of UK debt.
Continue reading Brown issues warning over UK debt