Washington Is Clueless About Inflation Aug 4, 2009
"It's unfortunate that nobody in Washington understands what the true definition of inflation is. Inflation is the expansion of money supply from the printing of money, low reserve requirements, and the Federal Reserve's open market operations. The hyperinflation in Germany in the 1920's as well as in Zimbabwe today was caused by the government running their printing presses non-stop, exactly like the U.S. is doing right now. It just so happens that our massive printing of U.S. dollars has come... (PR Newswire)
Letter: Do you want the Obama revolution or the American Revolution? (9) Jul 31, 2009
Has Debtor Nation Status, a debt too high to even apply for entry into the European Union. Has the total highest tax burden in US history to force jobs and companies to either move overseas or shut the doors. (Fort Madison Daily Democrat, IO)
Are echoes of the Freemen ringing in Eureka? Jul 12, 2009
WhackOrNot wrote on Jul 5, 2009 7:00 PM:" You gotta'admit one thing, whether this guy is a right wing whacko or not - our federal government doesn't appeart to be in the least concerned with the betterment of its citizens anymore. After all is it this guy or the feds who have turned us into a debtor nation and gave our livelyhoods(jobs) away to a communist country, tells us how to raise our children, won't seal our borders and fills the media with 'multi-cultural' propoganda. Nut case or not... (Missoulian, MT)
James Howard Kunstler on Michael Jackson as America Jul 2, 2009
The Man in the Mirror - Clusterfuck Nation. Clusterfuck Nation Comment on Current Events by the Author of "The Long Emergency". (Harper's Magazine)
`GOD OF STOCKS' Chooses China as the Winner Jul 1, 2009
After all, as wrote, A debtor nation does not love its creditor. . (Bloomberg -- Columnists)
'They Laugh At Us' Jul 1, 2009
TRUMP: Well, I think it's noble, except I just don't know how a country that's in such debt -- we are really a debtor nation right now, and I just don't know how a country in this kind of t 00004000 rouble can afford it. It's very -- I love the idea, but can this country afford it. (Fox News)
Washington congressman raises alarm about government spending Jul 1, 2009
By the early 90s, we were running such a massive trade deficit we became the world s largest debtor nation. If the (International Monetary Fund) and World Bank looked at our books, we d be in serious trouble. (Longview Daily News, WA)
Were the good old days really good? Jun 30, 2009
One report was moaning and mourning over the fact that in just 60 years, America has gone from being the world s largest creditor to the world s largest debtor nation. If we re interested in that fact, we probably find ourselves wondering why. (Orangeburg Times and Democrat, SC)
Obama Presses For Climate Bill Jun 26, 2009
Energy independence will not be free or easy, but without it our nation is doomed to being a poor debtor nation until it perishes completely. Solar-thermal energy production in the southwest states could go a long way towards that goal. (CBS News)
Anti-Tax Groups Reprise Tea Parties Jun 24, 2009
I think it is organic and it s in response to becoming a bailout, systemic debtor nation that people fear and resent, Hensarling said. Congressional participation in the event will vary depending on the location of the demonstration, Martin said. (Roll Call)
American citizens should be leaders’ main priority (17) Jun 23, 2009
But the U.S. is now the greatest debtor nation in the world and American leaders priority should be American citizens, U.S. and foreign-born. Yeh Ling-Ling, a Chinese immigrant, is executive director of Alliance for a Sustainable USA, a national nonprofit organization based in Oakland, Calif. (Helena Independent Record)
Tough choices needed now May 13, 2009
Why are we a debtor nation like the USA anyway. Before the bust, China was in surplus to $50 billion a month. (Sydney Morning Herald -- Business)
The African Development Bank Group to Launch the African Legal Support Facility May 12, 2009
Planned activities include minimizing the diversion of debt relief gains; strengthening assistance to HIPCs and Fragile States; providing High Level Legal Expertise to countries in Vulture Fund Litigation; and providing funds for hiring qualified law firms in defence of debtor interests in terms suitable for each candidate debtor nation. It will also use procedures created to build knowledge for future use by Government Negotiators; enhance the fiscal viability of projects, particularly in... (allAfrica.com)
We never wanted it May 3, 2009
We never wanted a social welfare program that has wreaked havoc on the traditional family; an education policy that has taken control out of the constitutional hands of the states; an irresponsible spending attitude that has made us a debtor nation; and an environmental policy that has led to higher operating costs, unemployment, foreign dependence and shortages of energy and soon to be food. No, Mr. Heisler, the whiners and the snifflers are not those who oppose more taxes, but the cannibals... (Fresno Bee -- Opinion)
Investment Guru Jim Rogers Apr 30, 2009
You don't see any period in history where things are shifting to the debtors, and America's the largest debtor nation in the history of the world. Unless something's different this time, unless the world's changed very very dramatically, the center of the influence, the center of power, the center of the earth, the center of the globe, is going to be shifting towards Asia, because that's where all the money is. (Time.com)
Price and Money: Wag the Dog? Apr 28, 2009
This change would seem problematic for America - we are a debtor nation, both to ourselves and to other countries. Stabilizing total money supply at low levels of money velocity could leave the country with insufficient total money to pay off our debts. (PR Newswire)
The big tea party was decaffeinated Apr 20, 2009
dantes wrote on Apr 19, 2009 5:00 PM:" This article exemplifies why mainstream media is dying. The protests are not against taxes, they are against unrestrained federal spending and taxes imposes, by fiat, on generations yet to be born.As for the claim that 95% of Americans will not see their taxes rise...baloney. The USA is the largest debtor nation in world history. This spending is madness. ". CJR wrote on Apr 19, 2009 2:32 PM:" The strange thing about the GOPers now resisting the financial... (Montana Standard, MT)
Letters to the editor (4/13/09) Apr 13, 2009
A debtor nation that spends borrowed and printing- press monies creates irresponsible voters and elected officials. A wise man once said, "A government that promises you everything that you want takes everything you got.". (Anchorage Daily News)
'Money Wars' at the G-20 Apr 13, 2009
The global stage may appear complex, but there are really just two kinds of players: creditor nations and debtor nations ... The United States is now a debtor nation, with a national debt of over $11 trillion dollars, much of that held abroad ... But now and in the future, our position as a debtor nation will make it increasingly difficult for the United States to assert its influence over any of the nations who are our creditors. (Human Events Online)
A different Europe greets Obama Apr 7, 2009
Who could have foreseen in the Kennedy years that America would end up a debtor nation to China. Today, in the post-Bush world, there is a growing hesitancy to accept American leadership - leadership that was unconditional in JFK's time, at least for the non-Communist world. (Boston Globe)
A bear's bear Apr 3, 2009
Today, it's the world's largest debtor nation. So its efforts to try to overcome the effects of the Depression are going to be offset somewhat by its ability to borrow. (Globe and Mail -- Business)
LETTER: Where is our country headed? Apr 3, 2009
We are currently the largest debtor nation in the world. China currently holds a trillion dollars of our debt. (Marblehead Reporter, MA)
Stock market surge: What does this rally mean? Mar 24, 2009
I think the world will recover somewhat but the U.S. will lag badly because the recognition now is that we are a debtor nation that is beyond the ability to service [its debt] and that's why we're monetizing it. And I think people who have helped support our habit I look at us as a drug addict are not going to have the confidence to continue to support us. (Globe and Mail -- Business)
Paper: Is this the end of America? Mar 21, 2009
By 1989, Bush 41 had inherited the world's largest debtor nation. Bush 41 was right in 1980, when he referred to Reagan's supply side economics as "voodoo economic". (The Drudge Report)
there are contractual commitments in place. Mar 18, 2009
Corrupt FED/BANKS still in control of Printing/Controlling OUR Government and making us the Largest Debtor Nation on Earth. . (Harper's Magazine)
Surviving the Great Collapse Mar 12, 2009
Local Search Site Search. THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING. (Boston Globe)
LETTERS: NCT, March 8, 2009 Mar 9, 2009
"Perhaps she has been misled in her statistics. My review of the past 25 years of the National Transportation Safety Board statistics for Oceanside show one instance of only a minor injury to a non-flying civilian in Oceanside, which occurred on Dec. 16, 1992. Only one in 25 years.This includes the latest of Jan. 24, a crash involving injuries to the two fliers on a flight from San Diego to Torrance with engine trouble (without our airport, they could have crashed in a populated area).During... (North County Times)
Beggar, I thy neighbor Feb 28, 2009
The good news in the current crisis is that the IMF itself has run out of ammunition, and that before any major debtor nation has been pushed to bankruptcy. The multilateral institution has a paltry $200 billion in firepower, barely enough to save a handful of the most affected countries (for example Ireland, Iceland, Hungary, Ukraine, Turkey) let alone the bigger economies now lurching into a permanent downward spiral such as Japan, Italy, Spain and France. (Asia Times Online)
Letters to the Editor (Feb. 22) Feb 25, 2009
Christa wrote on Feb 24, 2009 10:44 AM:" Here is a list of the Reagan administrations accomplishments:http://www.geocities.com/dude7891/criminal.htmlPulitzer-prize winning journalist Haynes Johnson's book, "Sleep-Walking Through History: America in the Reagan Years" (1991, Doubleday), chronicles the U.S.'s fall from dominant world power to struggling debtor nation during the Reagan years.Johnson says "two types of problems typified the ethical misconduct cases of the Reagan years, and both had... (Albany Democrat-Herald, OR)
Storm clouds gather Feb 24, 2009
February 24, 2009 03:37pm AEDT. THE Obama administration is considering a plan to temporarily nationalise US banks in a historic departure for the world's champion of free markets, prompting fears of further steep falls in US and world share markets. (The Australian)
Spend now, worry later Feb 24, 2009
We are now a debtor nation and owe our survival to governments who don't have our best interest at heart; dictatorships like China and Saudi Arabia. When the money is paid back this time the principle and interest will come out of the pockets of Americans and into the coffers of foreign countries. (Seantobia Democrat, MS)
Americans Would Be Lucky to Mimic 1990s Japan Feb 23, 2009
Japan began its crisis as a creditor nation; the U.S. is a decidedly debtor nation. Japan doesnt rely heavily on foreign capital to finance imbalances; the U.S., with its gaping current-account deficit, does. (Bloomberg -- Columnists)
Editorial: The goal must be confidence Feb 19, 2009
Now that it's about to be signed into law he wants, instead, a return to Reaganomics - that stellar system that converted us from a net creditor nation into a net debtor nation. Goodness, the "get-something-for-nothing" folks on Wall Street got jumpy when it was suggested that they might have to suffer a bit for their extreme excesses that have plunged the world into economic chaos. (Albany Democrat-Herald, OR)
Best stimulus: fair trade Feb 12, 2009
We've gone from a creditor nation to the world's leading debtor nation. There's a "giant sucking sound" that Ross Perot coined. (The Augusta Chronicle)
You Need to Just Trust Me Feb 11, 2009
So in order to save ourselves, I plan to print $800 billion (and change) in brand-new money. We will then get out of debt, if you'll just trust me. (Missourian Publishing, MO)
