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Tag: debt crisis

Economy / Politics

Generational Gapping – $222 Trillion Worth of Schism

“Since the masses are always eager to believe something, for their benefit nothing is so easy to arrange as facts.”  This scornful observation of our human nature is attributed to …

Barack Obama / Baracks Broken Promises / Deception and Lies / Economy / Obamanomics / Politics / propaganda bureau / Uncategorized / WtF?

Obama the Magnificent makes the debt crisis vanish

In an interview with George Stephanopoulos, Barack Obama claimed that there was no “immediate” debt crisis: Well– I understand. Which is why, at some point, I think I take myself …

Economy / Real Estate & Lending / Taxes

A Primer on the 2007-2009 Financial Mess [Reader Post]

1.    Politicians had policies which supported bad lending practices.  They believed that not enough loans were being made to minority groups, so they expanded the power and scope of the …

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