Tag Archives: Debt Limit

I Would Like To Raise My Debt Limit

This is a satirical video that explains our Federal debt and spending situation very well. Funny, but frightening. Most of us would like to slap someone like this up side the head. But this is exactly what our government is doing right now. I would love to hear your comments and feedback.
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Will U.S. Default On Our Debt?

We are getting close to the August 3rd deadline and many Americans are wondering, "Will the US default on our debt?"  The implications of this happening could be disasterous.  But the fact that we're in this position alone has probably already done a lot of damage to our credit reputation.  Here's a great article from the…
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Raise the Debt Ceiling

This was an article today on www.CNNmoney.com written by Jennifer Liberto.  I'd love to hear your thoughts about this topic. Federal Reserve chief Ben Bernanke reinforced his call on Thursday for Congress to raise the cap on U.S. borrowing, saying a failure to do so could lead down the same risky path that the failure of…
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