debt

3

How the US public was defrauded by the hidden cost of the Iraq war

http://normantranscript.com

"When the US invaded Iraq in March 2003, the Bush administration estimated that it would cost $50-60bn to overthrow Saddam Hussein and establish a functioning government. This estimate was catastrophically wrong: the war in Iraq has cost $823.2bn between 2003 and 2011. Some estimates suggesting that it may eventually cost as much as $3.7tn when factoring in the long-term costs of caring for the wounded and the families of those killed."

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davidfordhere's picture
Created by davidfordhere 1 year 24 weeks ago – Made popular 1 year 23 weeks ago
Category: War   Tags:
3

A brilliant market solution to the student debt crisis

http://www.zerobound.com

A brilliant market solution to the "student debt crisis." People volunteer time and others donate money to pay down their debts. A solution that doesn't involve the government just giving people money after they were fiscally irresponsible.

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James D.'s picture
Created by James D. 1 year 49 weeks ago – Made popular 1 year 48 weeks ago
Category:   Tags:
8

A visualization of US debt stacked in 100 dollar bills

http://www.wtfnoway.com

A visualization of US debt stacked in 100 dollar bills

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XD45's picture
Created by XD45 3 years 5 weeks ago – Made popular 3 years 5 weeks ago
Category: Money   Tags:
11

IMF bombshell: Age of America nears end

http://www.marketwatch.com

BOSTON (MarketWatch) — The International Monetary Fund has just dropped a bombshell, and nobody noticed.

For the first time, the international organization has set a date for the moment when the “Age of America” will end and the U.S. economy will be overtaken by that of China.

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sovereignbeing's picture
Created by sovereignbeing 3 years 18 weeks ago – Made popular 3 years 17 weeks ago
Category: Economics   Tags:
9

EU chief warns 'democracy could disappear' in Greece, Spain & Portugal

http://www.dailymail.co.uk

Countries in debt may fall to dictators, EC chief warns -- 'Apocalyptic' vision as some states run out of money --- Democracy could ‘collapse’ in Greece, Spain and Portugal unless urgent action is taken to tackle the debt crisis, the head of the European Commission has warned.

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Deslock Darkstar's picture
Created by Deslock Darkstar 4 years 10 weeks ago – Made popular 4 years 10 weeks ago
Category: Economics   Tags:
19

Treasury Department sets up Voluntary Tax Website to pay Debt!

https://www.pay.gov

Want a big federal Government? Have TOO much money? Love taxes? Wish you could pay more? Well now you can via the pay.gov website. The wonderful bureaucrats over at the treasury department are allowing anyone to voluntarily contribute more of their money to help pay for public debt. Now you and all the other blind nationalist sheep can go on bah bah-ing with each other knowing you did all you could to help YOUR government!

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Renniks's picture
Created by Renniks 4 years 18 weeks ago – Made popular 4 years 18 weeks ago
Category: Taxes, Fees & Fines   Tags:
7

Federal Debt to be 90% of US' GDP by 2020

http://www.washingtontimes.com

President Obama's fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years, $1.2 trillion more than the administration projected, and raise the federal debt to 90 percent of the nation's economic output by 2020, the Congressional Budget Office reported Thursday.

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Renniks's picture
Created by Renniks 4 years 22 weeks ago – Made popular 4 years 21 weeks ago
Category: Economics   Tags:
15

There Is No Keynesian Miracle

http://www.forbes.com

Article in Forbes bashes Keynesianism for the fraud that it is: During 2009 there was a lot of smug talk among academic and political liberals of Keynesianism enjoying a triumphant revival. But in the real world of jobs, wages and production--as opposed to the imaginary one of the chattering classes--the evidence shows that John Keynes' notion of being able to spend your way out of recession has not worked this time, if it ever did. It's important to note that ordinary voters are more sharply aware of this idea's failure than are the Western governments that have put their trust in Keynes.

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RottingNation's picture
Created by RottingNation 4 years 22 weeks ago – Made popular 4 years 22 weeks ago
Category: Economics   Tags:
9

Wealth isn't how much you earn

http://www.thesimpledollar.com

This article mirrors what Ian and Mark have been saying for several years.

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fingers's picture
Created by fingers 4 years 22 weeks ago – Made popular 4 years 22 weeks ago
Category: Advice   Tags:

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