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Debt Archive
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While Mainland Under Winter Freeze, Obama Extends Island Vacation
Posted on December 31, 2010 | No CommentsHawaii Reporter Details Obama’s Million Dollar Hawaiian Vacation | Costs to Taxpayers Detailed -
Democrats Come in First | 111th Congress Spent More Than Any Past Congress Combined
Posted on December 28, 2010 | No CommentsThe 111th Congress not only has set the record as the most debt-accumulating Congress in U.S. history, but also has out-stripped its nearest competitor. -
Obama takes a nod while Clinton Sells another $900 billion deficit
Posted on December 14, 2010 | No Comments“I’ve been keeping the First Lady waiting for about half an hour, so I’m going to take off” — and left. Clinton, unfazed, kept right on pontificating. -
Modern World Government’s Record: Continuous Monetary Inflation
Posted on November 20, 2010 | No CommentsThis transformation of economic theory is due in large part to the writings of John Maynard Keynes. -
Hyperinflation is Guaranteed if U.S. Stays on Current Path
Posted on November 18, 2010 | No CommentsThe Federal Reserve's monetary base currently stands at $1.9851 trillion and is projected to rise to $2.5851 trillion by mid-2011 due to the Fed's upcoming $600 billion in quantitative easing. The U.S. M2 money supply rose over the past week by $22.4 billion to $8.7862 trillion. -
IMF Sponser Conference on Global Financial Crisis | Britain and Canada Will be Absent
Posted on October 16, 2010 | No CommentsThe European Central Bank, the Bank of England and the Bank of Canada said none of their policy makers are scheduled to go. -
Inside Job – The $20,000,000,000,000 Film
Posted on October 13, 2010 | No CommentsInside Job, which clarifies for the everyman the financial meltdown of 2008 that wrecked the lives of millions. -
David Axelrod – White House Says “No Need to halt All Foreclosures”
Posted on October 11, 2010 | No Comments"It is a serious problem," said David Axelrod, who contended that the flawed paperwork is hurting the nation's housing market as well as lending institutions. But he added, "I'm not sure about a national moratorium because there are in fact valid foreclosures that probably should go forward" because their documents are accurate. -
Chinese Plot Agaist America? | Christine O’Donnell Claims to Have the Evidence
Posted on October 8, 2010 | No CommentsPressed on the matter, O'Donnell reportedly said she had gotten the information from nonprofits with missionaries in the country. -
China’s Billions Buying the Global Store
Posted on October 3, 2010 | No CommentsThis year alone, Chinese companies have laid out billions of dollars buying up stakes in Canada's oil sands, a Guinean iron ore mine, oil fields in Angola and Uganda, an Argentinian oil company and a major Australian coal-bed methane gas company.