The Economic Outlook: 2012 and Beyond
By Dr. Abbas Bakhtiar
The US government under Bush spent close to one trillion dollars, and now the Obama administration is promising to spend trillions in the years to come to stimulate the economy. With official US debt now close to 11 trillion dollars and climbing fast, the situation is becoming untenable. According to treasurydirect.gov, last year (2008) US government paid $451 billion dollars interest on its debt. Add to this the Medicare and social security obligations and suddenly things look a lot worse than they appear.
https://informationclearinghouse.info/article22076.htm
Economic Freefall
A Blessing in Disguise
By Jon Ronnquist
One thing we should not overlook when taking in the impact of the current economic situation is that it is both inevitable and invaluable in equal measure. That there was no escaping the consequences we are now facing has been a well known fact among those in the know for many years. If anything, it is amazing that we have staved it off for so long. For this we have the hard working men and women of the real world to thank, who toiled on in the name of pride, dignity and responsibility until the burden of debt simply became to great to bear.
https://informationclearinghouse.info/article22075.htm
Herbert Hoover Copycat
By Ismael Hossein-zadeh
How the Current Financial Rescue Schemes are Following the Failed Model of the Hoover Administration.
https://informationclearinghouse.info/article22079.htm
As New Scammers Emerge, Is It Jailout Time Yet?
By Danny Schechter
The Right Mobilizes Against The Stimulus While We Sign Petitions.
https://informationclearinghouse.info/article22074.htm
https://freepage.twoday.net/search?q=Obama
https://freepage.twoday.net/search?q=Herbert+Hoover
https://freepage.twoday.net/search?q=stimulus
https://freepage.twoday.net/search?q=US+debt
https://freepage.twoday.net/search?q=Abbas+Bakhtiar
https://freepage.twoday.net/search?q=Jon+Ronnquist
https://freepage.twoday.net/search?q=Ismael+Hossein-zadeh
https://freepage.twoday.net/search?q=Danny+Schechter
The US government under Bush spent close to one trillion dollars, and now the Obama administration is promising to spend trillions in the years to come to stimulate the economy. With official US debt now close to 11 trillion dollars and climbing fast, the situation is becoming untenable. According to treasurydirect.gov, last year (2008) US government paid $451 billion dollars interest on its debt. Add to this the Medicare and social security obligations and suddenly things look a lot worse than they appear.
https://informationclearinghouse.info/article22076.htm
Economic Freefall
A Blessing in Disguise
By Jon Ronnquist
One thing we should not overlook when taking in the impact of the current economic situation is that it is both inevitable and invaluable in equal measure. That there was no escaping the consequences we are now facing has been a well known fact among those in the know for many years. If anything, it is amazing that we have staved it off for so long. For this we have the hard working men and women of the real world to thank, who toiled on in the name of pride, dignity and responsibility until the burden of debt simply became to great to bear.
https://informationclearinghouse.info/article22075.htm
Herbert Hoover Copycat
By Ismael Hossein-zadeh
How the Current Financial Rescue Schemes are Following the Failed Model of the Hoover Administration.
https://informationclearinghouse.info/article22079.htm
As New Scammers Emerge, Is It Jailout Time Yet?
By Danny Schechter
The Right Mobilizes Against The Stimulus While We Sign Petitions.
https://informationclearinghouse.info/article22074.htm
https://freepage.twoday.net/search?q=Obama
https://freepage.twoday.net/search?q=Herbert+Hoover
https://freepage.twoday.net/search?q=stimulus
https://freepage.twoday.net/search?q=US+debt
https://freepage.twoday.net/search?q=Abbas+Bakhtiar
https://freepage.twoday.net/search?q=Jon+Ronnquist
https://freepage.twoday.net/search?q=Ismael+Hossein-zadeh
https://freepage.twoday.net/search?q=Danny+Schechter
rudkla - 24. Feb, 05:54
