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Republicans have damaged US economy, credibility: Obama

Oct 17, 2013

Republicans have damaged US economy, credibility: Obama

President Barack Obama on Thursday blasted Republican opponents who he said had damaged America's economy and credibility, issuing a stern rebuke from the White House after a prolonged standoff that forced a government shutdown and threatened default #Barack Obama #US congress #USA #Republicans #US debt crisis #Joe Biden #US government #Obamacare #Debt ceiling #US government shutdown
The $1 trillion coin: Krugman's loony idea to save US

Jan 09, 2013

The $1 trillion coin: Krugman's loony idea to save US

Economist Paul Krugman's silly idea to get over the Republican refusal to raise the US debt ceiling is a dangerous one. It will destroy all trust in the dollar #US Federal Reserve #Paul Krugman #US debt crisis #US fiscal cliff #$1 trillion Platinum Coin
Is US the next Greece? Watch out for a dollar debacle

Jul 04, 2012

Is US the next Greece? Watch out for a dollar debacle

If one looks at the structure of US debts, the picture looks worse than Greece. Sooner or later there will be hell to pay. The question is who will pay? #Eurozone #US debt crisis #Mises Post #Dollar Debacle
Failure to cut debt will jeopardise US security: Panetta

Nov 22, 2011

Failure to cut debt will jeopardise US security: Panetta

US Defence Secretary Leon Pannetta has expressed displeasure over the congressional super-committee's failure to reach a consensus on the debt reduction plan. US faces nearly $1.3 trillion deficit in the fiscal year by September. #Leon Panetta #US debt crisis

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Debt Crisis

Jul 27, 2014

Oyster Bay sells $170.5M in bonds for capital projects

Oyster Bay has sold $170.5 million in bonds that officials and the bond prospectus said was to pay off short-term debt that it used for capital projects. The bonds paid off bond anticipation notes the town issued over three years, town officials said...
Debt Crisis

Jul 29, 2014

Argentina on brink of second debt default in 12 years

Talks with vulture funds fail in case campaigners say could set precedent for investors to wreck other countries' debt deals Argentina is on the brink of its second debt default since the turn of the century, as hopes fade that last-minute talks will... #United States #Argentina
Debt Crisis

Jul 29, 2014

Argentina on brink of second debt default in 12 years

Talks with vulture funds fail in case campaigners say could set precedent for investors to wreck other countries' debt deals Argentina is on the brink of its second debt default since the turn of the century , as hopes fade that last-minute talks wil... #United States #Argentina