By Balanced Budget Amendment Task Force
We are pleased to announce that our Virginia House and Senate sponsors have pre-filed applications for an Article V convention for proposing amendments to exclusively consider a U.S. Balanced Budget Amendment and other fiscal restraints.
By Pilgrim Outreach Ministries
Crucial Mistakes, Calculated Assumptions, Willful Betrayal of Public Trust, a History of Inequality, a Debt Driven Mentality, Disjointed Efforts to Demilitarize the most Powerful Military in the Free World; Contributors to America’s Current Crisis
By Outsource Marketing Group, Inc.
Lear Capital has launched a Fiscal Cliff Protection Package (www.fiscalcliffprotection.com), outlining the secrets and the strategies for not only preserving savings but for building wealth during volatile times.
By FX Fatcat
FX Fatcat has released their latest mind boggling economic, visually entertaining United States debt infographic. The infographic details the total U.S. debt, debt per family, debt per citizen, amount being borrowed per second and much more.
By Corolla Financial
Gold, which usually rises as the dollar weakens, hit its third record in five days, notching a near 9 percent monthly gain for July. Meanwhile, HSBC has been granted access to trade gold futures in Shanghai.
By David Lockman
What is economic stimulus? If you talk to the average person on the street they won't be able to explain economics, unless it's in their own terms.
China, who holds a massive amount of U.S. Treasuries, wasted no time in letting known their impatience and displeasure, criticizing Washington's “addiction to debts” and inability to “live within its means”.
With all the debate in the United States over raising its debt ceiling, politicians and lawmakers are once again fighting over national spending.
Joseph J. DioGuardi speaks exclusively to EconomyWatch about the what is not working in the US monetary system and the potential risks the US and rest of the world faces if something doesn't change.
I want to make the point, loud and clear, that we are living on borrowed money and on borrowed time. U.S. taxpayers collectively owed $4.5 trillion at the end of 1996 and that each taxpayer owed $45,433.
The US debt has skyrocketed to such a ridiculous level that it’s almost tempting to cheer it on, like when you near the rain-record in summer and actually start rooting for it, despite the misery.
The federal debt reached the legal maximum of $14.3 trillion today and the US federal government says it will not run out of money to pay its bills.
By Mitchell Clark, B.Comm.
The stock market is handling the world’s two recent crises very well. The story in Libya seems far from over and Japan’s terrible tragedy is a decades-long recovery, but domestic stock prices didn’t go down that much and it’s a testament
By Keith Springer
Keith Springer, President at Capital Financial Advisory Services provides in-depth analysis on the impact of China’s announcement to allow more flexibility in its exchange rate in his special market update report.
By US Debt Deal
If you’re afraid of this Financial Crisis, look to debt settlement plan for help.