Category: US Debt
The analysis published under this category are as follows.
Sunday, November 09, 2008
Three Trends Driving U.S. Toward Economic and Dollar Collapse / Economics / US Debt
By: Eric_deCarbonnel
TREND #1: Falling Tax revenues . Every month of job losses and every company that fails results in more lost tax revenue. In 2007, the government collected $2.568 trillion from taxpayers. It will be less this year and next. If the revenue loss follows the pattern set during the great depression, it will look like this:
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Tuesday, November 04, 2008
Nearing Impact: A U.S. Debt Crash Course / Economics / US Debt
By: David_Haas
Over the past decade or so, I have occasionally seen an article - or sometimes a chart - referencing the dollar amount of marginal or “extra” U.S. Gross Domestic Product (GDP) that is generated by adding each new dollar of government debt . In other words, with their unique brand of wisdom, the federal government tries to “buy growth with debt”. Read full article... Read full article...
Friday, October 24, 2008
U.S. Unfunded Debt Liabilities- The Greatest Deficit of All / Economics / US Debt
By: Doug_Wakefield
The following is an interview transcript from institutional money manager Tom Cammack conducted by Doug Wakefield, President of Best Minds Inc., on October 6th , 2008 . The opinions shared in this interview may or may not be the same as those of Best Minds Inc .
“We must not let our rulers load us with perpetual debt. We must make our election between economy [thrift] and liberty or profusion [abundance] and servitude .
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Thursday, October 16, 2008
Debt vs Interest Rates Conundrum / Interest-Rates / US Debt
By: Michael_Pento
I've written before about the dramatic rise in fixed income rates that face investors in the very near future due to the funding issues associated with our entitlement programs coupled with the incalculable measures taken by the government in the past few weeks to stem the credit crisis. Those efforts ensure the amount of Treasury issuance will explode. Read full article... Read full article...
Wednesday, October 08, 2008
Bailout Bill Full of Pork Fuelling U.S. $11trillion Debt Mountain / Politics / US Debt
By: Michael_Pento
Buried in the bailout bill signed into law on Friday was a plethora of tax incentives and increases in government intrusion into our privacy. Following in the spirit of the Patriot Act, this new law now allows the IRS to run undercover operations where they can pose as accountants and offer illicit advice to entrap clients. Additionally, it provides in total over $100 billion in tax exemptions for makers of wooden arrowheads, owners of stock car racetracks, Virgin Island rum runners and others.Read full article... Read full article...
Friday, September 19, 2008
You Own Junk Bonds, Like it or Not / Interest-Rates / US Debt
By: Mike_Stathis
For many years now we've all seen the reckless use of taxpayer funds by Washington . This irresponsible and unaccountable waste of tax dollars has been particularly prominent during President Bush's tenure - from billions going to blow up bridges, roads and buildings in Iraq , only to rebuild them - to the Department of Homeland Security, which is no more than a joke. Meanwhile, America 's own infrastructure is in badly need of repair, with current estimates anywhere between $1.5 to $3 trillion and growing each day. Read full article... Read full article...
Friday, September 19, 2008
United States Economy Stares Into the Abyss- Debt, Velocity of Money and Ethics / Economics / US Debt
By: Brian_Bloom
The idea that the US Government can “bail out” those whose financial failure seems likely to trigger an implosion of the derivatives market needs to be seen in light of two factors:
• Debt. Historically, as debt levels have grown, this has given rise to inflation.
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Friday, August 15, 2008
Bush's Dirty Little Medicare Secret / Politics / US Debt
By: Mike_Stathis
We already know about the lies orchestrated by the White House to justify the invasion of Iraq . But there is a bigger secret that has not yet hit the mainstream media. And it probably never will until it's too late. Those of you who read my book already know about it because I discuss it at length. For those of you who haven't had a chance to read America's Financial Apocalypse , I'm going to expose this secret now. Read full article... Read full article...
Wednesday, August 06, 2008
California Budget Showdown Over Wage Cut Defiance / Politics / US Debt
By: Mike_Shedlock
The budget crisis in California continues. In case you missed it, this will catch you up to speed. California Synopsis
California's deficit is growing by about $1 billion a month.
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Friday, July 25, 2008
US National Debt Limit Raised Ahead of Budget Busting Bailout Legislation / Politics / US Debt
By: Peter_Schiff
With President Bush no longer threatening a veto, the subprime mortgage and Fannie and Freddie “bailout” bill is now sailing through Congress. In anticipation of its enactment, Congress had the foresight to raise the national debt limit to $10.6 trillion. Who says that politicians don't plan ahead?
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Friday, July 25, 2008
Profit From the Trillion Dollar U.S. Budget Deficit / Stock-Markets / US Debt
By: Money_Morning
Martin Hutchinson writes: The federal budget deficit hasn't received a lot of press lately, what with all the worries about the U.S. financial system, the home mortgage market, and the rescues that might be necessary to save both. In fact, it's a bad sign, since the Bush administration and the Democrats in Congress have joint responsibility for keeping the budget deficit under control, so they would both be crowing about it if they were doing a good job. Read full article... Read full article...
Wednesday, June 04, 2008
The Trillion Dollar Debt Countdown / Economics / US Debt
By: David_Vaughn
Has anyone forgotten the national debt? And I don't mean the yearly imbalance that merely makes up a fraction of the whole. We seem to discount this theme quite easily most of the time. Part of the reason for this is that we continue to add sand to a sand castle that is already too high and has begun to be buffeted by the waves. We have an election coming up that is probably the most important presidential election in years. In the past four decades there have been tremendous ideological shifts in political theory. Now long over due liberal trends and social changes are right on our horizon. In other words begin to look for even more government intervention in our lives.Read full article... Read full article...
Wednesday, June 04, 2008
Borrowers and Lenders: Take Responsibility for Your Decisions / Personal_Finance / US Debt
By: Alex_Epstein
Throughout the housing crisis, we have heard demands from spokesmen for desperate homeowners, banks, and investors for every variety of government bailout. But there is one group from whom the nation has not heard: the millions of Americans who, like me, had nothing to do with the crisis, who entered into mortgage contracts they could meet or who refused to buy at exorbitant prices, but who will be forced to pay the bills for these bailouts. If we had a spokesman, this is what I wish he would say.Read full article... Read full article...
Sunday, May 18, 2008
Devalue US Debt Through Inflation? Three Lessons from History / Economics / US Debt
By: Adrian_Ash
"...Might the scam work? Can the United States really settle its debt with devalued dollars, free of all historical fall-out...?"
"WE CAN PAY ANYBODY by running a printing press," said Thomas Gale Moore, one of Ronald Reagan's economic advisors, when the United States became a net debtor to its foreign investors in 1986.
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Friday, May 09, 2008
Credit Card Debt Ticking Time Bomb / Economics / US Debt
By: Peter_Schiff
For those holding out hope that the American economy can miraculously avoid a long and deep recession consumer credit is often viewed as the wonder drug that can cure all manner of economic ills. As such, this week's report showing $15 billion growth in consumer credit was widely heralded as proof of America's economic strength and resilience. However, we are now suffering the after effects of too much debt, and our salvation cannot be found in more of the same. Read full article... Read full article...
Sunday, April 27, 2008
GOTTERDÄMMERUNG- The Twilight of Irredeemable Debt / Economics / US Debt
By: Professor_Emeritus
Wagner's opera Gotterdämmerung is about the twighlight of pagan gods. The most powerful of the latter-day pagan gods that has been guiding the destinies of humanity for the past two-score of years is Irredeemable Debt. Before August 14, 1971 , debts were obligations, and the word “bond” was to mean literally what it said: the opposite of freedom. The privilege of issuing debt had a countervailing responsibility: that of repayment. Read full article... Read full article...
Monday, February 25, 2008
America Saves Week Feb 24th to March 2nd - Build Wealth Not Debt! / Economics / US Debt
By: Wall_Street_Weather
While paging through the local paper yesterday, I spotted a bank ad touting a 48 month Certificate of Deposit for 3.5% APY. The barely legible print at the bottom of the ad said that the CD requires a $10,000 minimum of new money to the bank. Wow, I bet people will be standing in line for the bank to open this morning.Read full article... Read full article...
Tuesday, February 12, 2008
The Debt Disease is Spreading - Sell Now! / Stock-Markets / US Debt
By: Money_and_Markets
Martin Weiss writes: The debt disease we've been warning you about, long subdued and dormant, is returning with a vengeance.
You can see its symptoms everywhere — in the massive losses on Wall Street ... in consumer credit turning sour ... in collapsing bond insurers ... in sinking corporate earnings ... in the recession hitting hard.
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Thursday, January 24, 2008
Global Impact of the US Debt Implosion / Stock-Markets / US Debt
By: John_Lee
We have written a series articles dating back to March 2007 tracking the US debt implosion, which are available here . The story started out in early 2007 with the blowout of Novastar and New Century, the multi-billion non-bank intermediary mortgage brokers. In summer of 2007 we witnessed the collapse of American Home Mortgage, America's largest subprime mortgage issuing bank. Then we saw a series of subprime write-offs amounting to hundreds of $ billions by banks, funds, and institutions around the world. Then the trouble moved up in the chain of the mortgage complex, with Fannie Mae and Freddie Mac announcing surprising losses.
Saturday, January 05, 2008
Fundamentals of Growing Public Debt a Big Negative for US Equities / Economics / US Debt
By: Brian_Bloom
Summary For those who are only interested in the bottom line, it doesn't matter what the charts are saying. Neither US equities nor US Treasuries represent sensible investments from a fundamental perspective. Investments should be in assets which offer protection against the demise of the US Dollar.
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