Debt
Hillary Clinton Blasts Greenspan on Debt, Says It Is a Threat to National Security
ABC News’ Kirit Radia reports: Secretary of State Hillary Clinton took a swipe at Alan Greenspan today, saying the former Federal Reserve chair’s “outrageous” advice led to a ballooning national debt that Clinton said is now a threat to national security.
“I served on the budget committee in the Senate, and I remember as vividly as […]
Greece Paid Goldman $300 Million To Help It Hide Its Ballooning Debts
In 2001, just after Greece was admitted to Europe’s monetary union, Goldman helped the government quietly borrow billions, people familiar with the transaction said. That deal, hidden from public view because it was treated as a currency trade rather than a loan, helped Athens to meet Europe’s deficit rules while continuing to spend beyond its […]
Chinese Leaders Threaten To Sell US Debt As Punishment For Taiwanese Arms Sale (One Nation Under Debt)
The doomsday scenario we’ve feared since World War II has arrived.
In response to the United States’ latest arms sale to Taiwan, the Chinese military has suggested that China sell off some of the U.S. debt it owns to give the U.S. an economic punch of sorts.
Reuters: Senior Chinese military officers have proposed that their country […]
House Passes Increase on Debt Limit by $1.9 trillion on a 217-212 Vote (Welcome to Hope and Change)
House Passes Increase on Debt Limit by $1.9 trillion on a 217-212 Vote
Developing…
(Excerpt) Read more at foxnews.com …