Posts Tagged ‘debt’

US Debt Ceiling Lifted – Gold About to Rise to $1800 an Ounce

debt-ceiling-gold-price

You may think that because the debt ceiling bill has passed and was approved by the Senate and President Obama, everything is going to go back up again from this debt pit. It is not. By passing the debt ceiling bill, the US awoken the whole world to the fact that their economic recovery is [...]

Aug 2 Debt Deal: Obama Becomes the Next Führer, If Deal Passes

lyndonlarouche

Alex Jones talks to Lyndon Hermyle LaRouche, Jr., an American political activist and founder of a network of political committees, parties, and publications known collectively as the LaRouche movement. La Rouche has called for “the immediate jailing of Federal Reserve Chairman Ben Bernanke, Treasury Secretary Timothy Geithner and President Barack Obama for their role in [...]

Gerald Celente: US is Going to Bankrupt, Numbers Don’t Lie

While the politicians battle it out over who would be to blame if the American economy hit a brick wall, Gerald Celente from the US-based Trends Journal says the political elite will not recognize simple solutions to curb America’s deficit. ­”The country is going bankrupt — just look at the numbers. The numbers do not [...]

Thom Hartmann – The Debt Ceiling Exposed

Americans’ Take on the Debt Ceiling

Thom Hartmann discusses a recent ABC/Washington Post poll and Gallup poll which reveals Americans are in favor of increasing tax hikes on the wealthy and are greatly concerned about job growth. Later in the show, Thom debates president of Less Government, Seton Motley on Governor Rick Scott’s refusal to take government funds to help Florida’s [...]

Holland: GOP Budget Plan Wouldn’t Even Make A Dent in the Deficit

As the left and right battle over the debt, Alternet’s Joshua Holland doesn’t see an easy resolution coming anytime soon. Dems are over a barrel as they try to cling onto Medicare, and Republican attempts to balance the budgets are coming up all wrong. Everyone seems to agree that defaulting on the government debt would [...]

New US Debt Law – Getting Behind Bars for Being in Debt

Over one third of all the states in the US now allows lenders to throw borrowers behind bars if they are unable to repay their debt due to this harsh economic crisis. Already, the US have signed off over 5,000 warrants against debtors. One case covered by Star-Tribune was in Kenney, Illinois where a self-employed [...]

Are You in Debt? Federal Trade Commission Offers Help to Debt-Burdened Consumers

Federal-Trade-Commission

If you’re overwhelmed with credit-card debt and getting harassed by debt collectors, you may not know where to turn. Try the website of the Federal Trade Commission (FTC), a government organization that wants to assist by offering sound advice to help people get out from under their debt burdens. The FTC offers a variety of [...]

Arizona Lengthens Term for Credit Card Debt Collection

The Arizona State Senate clarified an existing law that seemed to be causing confusion as to how long banks and credit card issuers have to pursue debt collection on defaulted accounts. The state Senate says that credit card issuers have six years to pursue people who default on their credit cards. This may give debtors [...]

A Complete Guide to Chapter 7 Bankruptcy

Chapter 7 bankruptcy is the most common form of personal bankruptcy in the U.S. Also known as liquidation bankruptcy, it allows you to sell or liquidate your assets to pay off your creditors and cover the costs of filing. The rules for Chapter 7 bankruptcy filing have changed significantly since the Bankruptcy Abuse Prevention and [...]