The closed-door negotiations over taxes and spending known as the “fiscal cliff” are doomed to fail even if they succeed. The reason: both sides are relying on their own false premise on how to narrow the massive imbalance between the revenues of the fede...
WASHINGTON (CNNMoney) -- The White House initial proposal to avert the fiscal cliff includes $200 billion in economic boosters -- a stimulus plan Republican critics are railing against when they say the country needs to start reducing debt.
But even defic...
Published on Sep 28, 2012 by 80s4VA
How do the Obama deficits compare with past presidents? And what is his plan moving forward? This video depicts the National Debt as a road trip and visualizes how fast the most recent US President...
by 10000Pennies on May 15, 2009
How do the Obama deficits compare with past presidents? And how did the national debt get so big anyway. This video tries to answer those questions by looking at the debt as a road trip and seeing how...
by NewAmericaNow on Jun 26, 2011
Here is the math folks - Its called the Compound Interest Equation A=P(1+r/n)^nt
"The most powerful force in the universe is compound interest". Albert Einstein
Einstein understo...
A financial analyst explains the economic positions of the world in under three minutes.
Semantic URL: http://infoasammo.net/world-collapse-explained-in-3-minutes
Please visit high-quality pro-liberty/informational Youtube video archive site Inform...
China manipulates their currency, that means they print up trillions of dollars and go around buying real assets and nations. They give us printed money and we have to pay them back with our money (which is still worth something) at high interest. We shou...
BILLINGS – U.S. House candidates Steve Daines and Kim Gillan disagreed sharply in a debate Tuesday night over how to reduce the federal deficit, with Daines ruling out any tax increases and Gillan vowing to end tax breaks for wealthy Americans and those s...
CNSNews.com was launched on June 16, 1998 as a news source for individuals, news organizations and broadcasters who put a higher premium on balance than spin and seek news that’s ignored or under-reported as a result of media bias by omission.
Florida Political PressFreshman Rep. Allen West (R-Fla.) on Thursday evening apologized to his constituents and the nation for the failure of the 112th Congress to rein in federal spending during its first session.“As we enter the final days of 2011, and...
Ignoring a presidential veto threat, the Democratic-controlled Senate on Thursday overwhelmingly approved a massive, $662 billion defense bill that would require the military to hold suspected terrorists linked to al-Qaida or its affiliates, even those ca...
Last week, Congress's Joint Select Committee on Deficit Reduction (tagged the "Super Committee") announced it was unable to reach bipartisan agreement for cutting the federal deficit; some $1.2 trillion in automatic cuts over 10 years are now scheduled to...
In one of the most hotly-anticipated biographies of the year, "Steve Jobs," author Walter Isaacson reveals that the Apple CEO offered to design political ads for President Obama's 2012 campaign despite being highly critical of the administra...
America's ever-growing debt crisis is in the trillions -- more than $14 trillion, give or take a few billion.
That's a lot of zeros, numbers so large they're sure to make Americans numb when trying to get their arms around what it means to them.
But what...