I am all for the war. I agree that we should be spending whatever is necessary to continue the war and the fight. Having said that, I thought this article was interesting when they compared what else the $426 billion could be used for. Interesting stuff.
You are from birth either a creditor or a debtor. As an adult, you are probably both. Workers are creditors in their capacity as pension owners. Workers are debtors in their capacity as home owners carrying a mortgage. There is a balance between household debt and credit.
Money Magazine's tips for the best use of $5,000.
The cost to go to college, both as a graduate and undergraduate student, has gone up faster than inflation. This is scary since the average cost of college increases at twice the rate of inflation. See the 4 benefits of consolidating your student loans.
Since 1946 the Democratic Presidents increased the national debt an average of 3.7% per year when they were in office. The Republican Presidents an average increase of 9.3% per year. Clinton raised the national debt an average of 4.3% per year, while Reagan, Bush, and Bush raised the debt an average of 10.8% per year.
Regardless of what industry you are in, where you want to work, or who you are, being able to save money and effectively use it is something we all should consider doing. With consumer debt constantly rising, I thought I would share the following ways to save money.
How do we stop the credit industry's predatory business model and get Americans out of debt when incomes aren't rising as fast as the costs of healthcare and housing? Last week, the FDIC and the Federal Reserve Board were forced to remind the nation's bankers to verify their customers' incomes -- adding that it might be a good idea to determine whe
After four years, America's cost for the war in Iraq has reached nearly $500 billion - more than the total for the Korean War and nearly as much as 12 years in Vietnam, adjusting for inflation. The ultimate cost could reach $1 trillion or more.
MARGIN debt in the American stock market has reached a new record of $285bn. In other words, more borrowed money is being used to buy shares than ever before. There are two ways of looking at this statistic. The first is to say that, thanks to inflation, nominal figures are always bound to reach new highs.
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You finally have a good job and a great salary; it's time to start setting some money aside for the future. Unfortunately, no matter how hard you try, you just can't seem to save enough cash to open even a simple savings account. The problem is that you're stuck knee-deep in debt, and every penny that goes into your pocket comes right out to pay
Why is it that when people talk about (the U.S. budget), the gross domestic product is brought up and explained that our deficit is at a low level? Why is the national debt -- $8.7 trillion, which climbs at almost $2 billion a day -- never mentioned?
HSBC, Europe's biggest bank, last night gave warning that bad debts in its troubled US mortgage lending business would be 20 per cent higher than forecast.
Step 1: Determine two dates during the month to designate as your "bill paying days". Create folders with the dates listed on each. The dates should be approximately two weeks apart. I use the 10th and the 25th. Keep these folders in plain site where you will naturally see them daily. Step 2: As each of your bills arrive...
The average American has $9,000 in credit card debt. We didn't get to that point by being smart about our money. In fact, you'd be surprised what sort of myths that people wrongly believe...
Soaring medical expenses, unaffordable health insurance and a nation that's up to its eyeballs in consumer debt. America's health system is a ticking time bomb and the culprit is sharply rising healthcare costs. Get some great tips to lower your health insurance premium.
* The true national debt is $49 trillion, not the $8.3 trillion Bush reported o That's $156,000 for every citizen, or $375,000 for every working American o This figure has more than doubled in the past five years o We paid $327 billion last year on interest alone * The true 2005 deficit was $760 billion, no
The Congressional Budget Office on Thursday estimated that the federal deficit will decline to $260 billion this year but will increase to $286 billion next year.
In Fiscal Year 2005, the U. S. Government spent $352 Billion of your money on interest payments* to the holders of the National Debt. On top it a link to the U. S. Treasury Department web site.











