Tag: US debt
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obamessiah threatens ‘armageddon’, warns US ‘running out of time’
meanwhile, moody’s suggests US eliminate debt ceiling… from afp: US President Barack Obama pressed polarized lawmakers Saturday to avert what he called economic “Armageddon” by quickly forging a deal to prevent an early August debt default by the world’s richest country. “Simply put, it will take a balanced approach, shared sacrifice, and a willingness to…
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Obamessiah Can’t Guarantee Social Security Checks Will Go Out On Aug3
President Obama on Tuesday said he cannot guarantee that retirees will receive their Social Security checks August 3 if Democrats and Republicans in Washington do not reach an agreement on reducing the deficit in the coming weeks.
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econocrash updates: in dependence & the day after
celebrating independence yet enslaved to debt* assessing our independence this july 4th* a prepper’s view of independence day* why the first amendment is foremost* the tenth amendment & states’ rights* media attacks US on independence day* elite not even trying to hide how much they hate the constitution* ben franklin awarded knights of malta grand…
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financial collapse of greece: canary in the coalmine for global economy?
the economic collapse blog: The rest of the world needs to sit up and take notice of what is going on in Greece right now. This is what can happen when you allow government debt to spiral out of control. Once it becomes clear that you can’t pay your debts, a financial collapse can happen…
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markets go wild after imf head kahn arrested for sexual assault
from washington post: A New York criminal court judge denied bail to Dominique Strauss-Kahn, head of the International Monetary Fund, after he was charged with attempting to rape a housekeeper at a hotel in Midtown Manhattan. Strauss-Kahn, also charged with a criminal sex act and unlawful imprisonment, made his first courtroom appearance after being pulled…
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Even Good Economic News Can’t Help the Greenback Now
Summer may be on its way and Osama bin Laden may be dead, but that doesn’t mean the sun is going to shine on the dollar. Ben Bernanke made sure of that.
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S&P Cuts US Outlook From Stable To Negative
The Obama administration on Monday sought to reassure U.S. Treasurys investors, saying Standard & Poor’s threat to downgrade America’s top-notch debt rating underestimates the country’s ability to face fiscal challenges.
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new world next week – apr7
new world next week: episode068 – modified milk, debt ceiling, get osama! Welcome back to New World Next Week – the video series from Corbett Report & Media Monarchy that covers some of the most important developments in alternative news & open source intelligence. This week: Story #1: Genetically Modified Cows Produce ‘Human’ Milk NWNW…
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banksters warn US to hit debt ceiling by may16
from reuters: The United States will hit the legal limit on its ability to borrow no later than May 16, Treasury Secretary Timothy Geithner said on Monday, ramping up pressure on Congress to act to avoid a debt default. “The longer Congress fails to act, the more we risk that investors here and around the…
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obamessiah releases $3.73t budget; phony partisan squabbling begins
as tax revenues drop, US borrows 40¢ of every dollar spent from voanews: One key reason that U.S. President Barack Obama, his Democratic Party allies in the Congress and rival Republicans are squabbling over the budget is that the budget deficit is expected to hit its highest level in decades. Newly published budget documents say…
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obama continues elite’s agenda of leading US to ‘tragedy’
video: econ prof says ‘no way forward for US’ from press tv: The US president is incapable of coping with the changing world, brought along by ignorance of its own internal welfare, a professor of binary economics says, describing the situation as a “tragedy” for Americans. “President Obama’s foreign policy is bankrupt and his domestic…
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#NewWorldNextWeek: America Bankrupt, Internet ID, Fluoride Victory?
Story #1: Geithner Says US Insolvent // Story #2: White House Calls for ‘Identity Ecosystem’ to Protect Online Users // Story #3: EPA to Reduce Fluoride Levels in Water Due to ‘Unwanted Health Effects’
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geithner says US insolvent
from lew rockwell: The U.S. government is insolvent. Who says so? Timothy F. Geithner, the U.S. Secretary of the Treasury. Geithner sent a letter to Congress on Jan. 6, 2011 asking for the debt limit to be raised. If it is not raised, he warned, the U.S. will default on its debt. In his words:…
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american cities that are running out of people
from 24/7 wall st.: The population of the United States has increased steadily by roughly 2.5 million people every year since World War II. Throughout prosperity and hard times, Americans continue to have families. Many of the country’s regions have expanded to accommodate this population increase. Some cities have grown faster than others as the…
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Econocrash: Welfare, Debtors’ Prisons & Dying Communities
Walmarts Swell With Poor People Once a Month At Midnight — When the Govt’s Electronic Dole Payout Goes Through from usatoday: Once a month, just after midnight, the beeping checkout scanners at a Walmart just off Interstate 95 come alive in a chorus of financial desperation. Here and at grocery stores across the country, the…