deficit

Results for deficit

Transcript for David Stockman: Blame The Fed!

Below is the transcript for the podcast with David Stockman: Blame the Fed! Chris Martenson:   Welcome to another PeakProsperity.com podcast. I am your host, of course, Chris Martenson. And today, ...

Page - jasonw - Jun 17 2012 - 12:15am - 0 comments - 0 attachments

What Do You Think Of The Circle Of Protection Group And It's Aims?

Information from the web site: What is the Circle of Protection? " In the face of historic deficits, the nation faces unavoidable choices about how to balance needs and resources and allocate burdens and sacrifices. These ...

Forum topic - Poet - Jul 28 2011 - 1:06am - 8 comments

FORA.tv: Is the deficit a real threat or just a politically convenient tool?

I subscribe to FORA.tv, and one of their latest presentations is entitled "Is the Deficit a Real Threat to America or Just a  Politically Convenient Tool?" Blurb: Gov. Mitch Daniels got America's attention when he said, "We face ...

Forum topic - ezlxq1949 - Jun 8 2011 - 9:06pm - 1 comment

Financial repression: debt exit strategy?

A short while ago, Jim Rickards postulated that there would be no more QE as we know it, that the Federal Reserve would fund U.S. deficits by simply rolling over maturing debt through the buying new debt. The idea was met with puzzlement by many (most?) ...

Forum topic - earthwise - Jun 7 2011 - 7:44pm - 0 comments

Mile High view: US v Japan, how are they the same/different

A couple of mile-high questions that not many people could answer, BUT, I bet a lot of the folks here could answer them (or at least get close). 1. Is there a legal, procedural, structural, or any other outside limit to how many assets the federal ...

Forum topic - sprintermike - Nov 12 2010 - 12:08am - 0 comments

Federal budget gap tops $1 trillion through June

WASHINGTON (AP) -- The federal deficit has topped $1 trillion with three months still to go in the budget year, showing the lasting impact of the recession on the government's finances. In its monthly budget report, the Treasury Department said ...

Forum topic - investorzzo - Jul 13 2010 - 6:29pm - 2 comments

Marc Faber: when is the next AIG to fall?

Great video at Mises institute. Economic lesson http://seekingalpha.com/article/207628-marc-faber-when-is-the-next-aig-t... (Current News & Events, bernanke, deficit, greenspan, Marc Faber, money printing, Paul Krugman, Must Read) ...

Forum topic - investorzzo - May 31 2010 - 11:39pm - 0 comments

Jobless benefits start ending on Sunday

So, what do folks think- 1) should we pay those unemplyed with federal money who have exhausted their state resources thereby increasing the federal deficit, or 2) should we as a society deal with the potential social and humanitarian ...

Forum topic - Tall - Jun 15 2012 - 3:34am - 7 comments

How to spend $1.5 trillion without congressional approval

How to spend $1.5 trillion without Congressional approval Step 1: Federal Reserve purchases $1.5 trillion in Fannie Mae and Freddie Mac securities, creating $1.5 trillion of monetary base to pay for these purchases. Step 2: U.S. Treasury ...

Forum topic - investorzzo - Feb 6 2010 - 1:33am - 1 comment

Permadeficit on the Potomac

From an NYT article about Pretzeldent Barack Dubya O'Bummer's $3.83 trillion budget: Annual deficits through fiscal year 2020 would not drop below 3.9 percent of gross domestic product under the administration’s projections. And by ...

Forum topic - machinehead - Feb 1 2010 - 10:07am - 23 comments

Barack Dubya O'Bummer & The Tragic Dozen

Last night, State of the Union speech: OBAMA: "Starting in 2011, we are prepared to freeze government spending for three years. Spending related to our national security, Medicare, Medicaid, and Social Security will not be affected. But all ...

Forum topic - machinehead - Jan 29 2010 - 2:10pm - 6 comments

White house to project $2 trillion higher deficit over next decade

Gee, anyone guess why they released this Friday after the market closed. Black Monday anyone? WASHINGTON (AP) -- The Obama administration expects the federal deficit over the next decade to be $2 trillion bigger than previously estimated, White ...

Forum topic - investorzzo - Aug 21 2009 - 10:55pm - 7 comments

Could This Be A Real "Green Shoot"?

Even if it is it will probably get stepped on by Bigfoot Ben............... Pulled this excerpt from MSN this morning.  Looks like at least one Senator might have a hint of a remote possibility of the magnitude of the real problem.  While the ...

Forum topic - Dogs_In_A_Pile - Aug 14 2009 - 1:32pm - 0 comments

$181 billion Deficit in July -- WHAT, ME WORRY?

This clown show is so completely absurd, you just have to roll on the floor and laugh: Bailouts for financial firms and billions in tax revenue lost because of the recession drove the [fiscal year to date] deficit to a record $1.3 trillion in ...

Forum topic - machinehead - Aug 10 2009 - 6:35am - 3 comments

Reality Lags Perception

Reality Lags Perception That isn't my line, I didn't coin it - though I wish I did. But I'd like the opertunity to expand on it. I read it in Secretary Paul O'Neill's book, he was our 72nd Treasury Secretary and I ...

Forum topic - Davos - Jun 15 2012 - 3:57am - 9 comments

Funding the bubble before it bursts

Dear Chris, While I may share your vision that a collapse of the US economy as we know it is ultimately inevitable, I believe your audience would benefit from being able to monitor certain "trigger events". The US economy is largely ...

Forum topic - marco krapels - Jul 23 2009 - 12:08am - 4 comments

IRS tax revenue falls along with taxpayers' income

http://www.usatoday.com/money/perfi/taxes/2009-05-26-irs-tax-revenue-dow... (Current News & Events, budget, Debt, deficit, taxes, Important) http://www.usatoday.com/money/perfi/taxes/2009-05-26-irs-tax-revenue-down_N.htm ...

Forum topic - investorzzo - May 27 2009 - 6:32pm - 0 comments

Airman Ben Comes a Cropper

In March, 'Airman Ben'  Bernanke -- head space cadet at the Federal Reserve -- announced a plan to buy up to $300 billion of medium-term Treasurys, ostensibly to drive interest rates down. I invite you to review the results, as shown in the ...

Forum topic - machinehead - Jun 15 2012 - 4:02am - 16 comments

Obama unveils far-reaching $3.6 trillion 2010 budget

This is just out and out scary...........  http://www.financialsense.com/fsu/editorials/2009/0302.html (Current News & Events, deficit, economic, politics, Must Read) This is just out and out ...

Forum topic - investorzzo - Mar 4 2009 - 3:39am - 0 comments

GW Bush et alia's Christmas gift for the country -- a projected $1.2 trillion deficit for 2009

CBO released estimates today for the 2009 budget.  CBO's figures don't account for the huge economic stimulus bill Obama is expected to propose. CBO report: http://cbo.gov/ftpdocs/99xx/doc9957/01-07-Outlook.pdf   (Current ...

Forum topic - glen - Jan 7 2009 - 6:14pm - 0 comments