http://www.debtfreeme.net/debt-obama-bush/
Senator Obama calls Bush “unpatriotic” for adding trillions to debt www.RightFace.us
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US Debt: The American economy in crisis (Guardian Shorts) When Ronald Reagan took office in 1980, the US national debt stood at around $2tn. By 2011, it stood at a staggering $15tn and has become one of the most significant problems in American politics. It has revealed the deep ideological splits that run right across the US political landscape and now threaten the health of the entire US economy. Reported over the decades by the Guardian’s finest journ… |
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Argentina’s Defaulted Sovereign Debt: Dealing with the Holdouts – CRS Report In December 2001, following an extended period of economic and political instability, Argentina suffered a severe financial crisis, leading to the largest default on sovereign debt in history. It was widely recognized that Argentina faced an untenable debt situation that was in need of restructuring. In 2005, after prolonged, contentious, and unsuccessful attempts to find a mutually acceptable sol… |
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Bailout: 700 Billion…Holy $#!% The Government’s lack of competence, Wall Street’s greed, the banking industries negligence, and consumer’s fervor has driven global economies into the worst recession since The Great Depression. And, in our Government’s infinite wisdom, they have devised yet, another, scheme to attempt to revive a dying economy. But, be afraid. Be very afraid…. |