Tag Archives: United States public debt

RT: House raises debt ceiling to avoid US default

Published: 23 January, 2013, 21:05 The opening session of the 113th US House of Representatives at the US Capitol in Washington. (AFP Photo / Saul Loeb) The House voted on legislation Wednesday that will raise the debt ceiling for three months … Continue reading

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Fitch: Debt Ceiling Debate Puts U.S. Credit Rating At Risk Of Downgrade

By PAN PYLAS 01/15/13 12:39 PM ET EST LONDON — The United States could lose its top credit rating for the second time from a leading agency if there’s a delay in raising the country’s debt ceiling, Fitch Ratings warned Tuesday. … Continue reading

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Ellen Brown: Political Football Over Disaster Relief: Another Argument for Public Banking

Ellen sent out this article on January 5th, and I just never got to it. It’s interesting that she seems to be the one who first suggested the idea of trillion dollar coins. Of course, no one will address the … Continue reading

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THE SHOWDOWN – The Washington Post, January 4, 2013

Today in fiscal cliff news: The fiscal cliff deal has been signed into law. Okay. But the December jobs report is a reminder that if you knew anything about the economy, the economic policy you’d design wouldn’t look even the … Continue reading

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RT: US debt eclipses economy, reaching $16 trillion this week

Published: 04 September, 2012, 03:55 US debt eclipses economy, reaching $16 trillion this week The US government is about to announce its $16 trillion debt, a landmark number that has more than tripled during the last two presidencies. At 104 per … Continue reading

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It’s More Clear Than Ever That If Romney Loses, The Economy Is Going To Implode

Joe Weisenthal Source: Business Insider May 12, 2012, 9:13 AM Back in April we made the argument that a Mitt Romney win would be better for the economy, based on fairly simple logic: A Mitt Romney victory would see higher government … Continue reading

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Fitch keeps AAA US credit rating but dims outlook

BY MARTIN CRUTSINGER AP ECONOMICS WRITER WASHINGTON – Fitch said Monday that it will keep its rating for long-term U.S. debt at the top AAA level, despite a congressional panel’s failure to agree on long-term deficit cuts. But it is lowering … Continue reading

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