10

National Debt: The Apocalypse Overdraft

http://www.cracked.com

The national debt is currently 13.7 trillion dollars (you can round up to 14 if you ignore that piddling little GDP of Denmark). The American people could work together, movie-montage style, collecting every single physical dollar and cent in existence and they'd still have to go to Vegas*, hit the roulette tables, lay it all on black and win. Four times in a row. That's how you know you're doomed - most people crushed by debt imagine cleaning up at the casino OR having all the money in the world. When you need both, you're buggered.

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Karrde188's picture
Created by Karrde188 5 days 19 hours ago – Made popular 4 days 20 hours ago
Category: Money   Tags:
6

Canadian money to become plastic, coins will be steel next year

http://www.digitaljournal.com

On Thursday, Prime Minister Stephen Harper’s minority Conservative government announced in its budget that its paper currency will go plastic by late next year, according to the Globe and Mail. The plastic notes will also contain high security features to ensure that the $10 and $20 bills last longer.

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Dr. Blunkenstein's picture
Created by Dr. Blunkenstein 1 week 2 days ago – Made popular 1 week 1 day ago
Category: Money   Tags:
13

Ron Paul Returns Over $100,000 to Treasury

http://www.house.gov

Congressman Ron Paul has continued to run his Congressional office in a frugal manner, and was able to return more than $100,000 from his allotted office budget to the Treasury this year, an increase over the $90,000 returned last year.

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Fizzul's picture
Created by Fizzul 2 weeks 1 day ago – Made popular 1 week 5 days ago
Category: Money   Tags:
10

Bernanke Wants Even More God-Like Powers for the Federal Reserve

http://www.alternet.org

Our financial rulers were so intoxicated with the fumes of their own omnipotence that they failed abjectly as regulators, as public servants and, most certainly, as gods.

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THCPower's picture
Created by THCPower 7 weeks 1 day ago – Made popular 7 weeks 1 day ago
Category: Money   Tags:
5

Put Inflation on the Political Agenda-The Nation

http://www.thenation.com

Note: This article was written by Nicholas von Hoffman for The Nation. This man has a lot of courage: he points out that inflation hurts the poor the most. The rich can purchase hedges against inflation; the poor have no such protection. Even if inflation reduces unemployment, if salaries are worthless the poor are no better off. It is the worst-off of society that suffer from bad economic policy, as usual. He also implies that the Fed was counting on a looming crisis to take care of inflation for them. If this is true, then the Fed may really be as evil as many say it is.

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patientliberty7's picture
Created by patientliberty7 8 weeks 23 hours ago – Made popular 7 weeks 6 days ago
Category: Money   Tags:

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