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Tag Archives: U.S. Economy
China: ‘Dollar to Be Discarded by World’
Sunday, August 7, 2011 Prior to Standard & Poor’s downgrading U.S. debt from AAA to AA — the first time this has happened in American history, Guan Jianzhong, chairman of Dagong Global Credit Rating, said the currency is “gradually discarded … Continue reading
Posted in China, International News, News, U.S. Economy
Tagged China, International News, News, U.S. Economy
5 Comments
Standard and Poor’s Downgrades U.S. Debt Rating to AA
Friday, August 5, 2011 Citing the increased burden of rising Federal debt, rating agency Standard & Poor’s downgraded the United States’ long term from AAA to AA for the first time in U.S. history. Standard and Poor’s is one of … Continue reading
Posted in International News, News, U.S. Economy
Tagged International News, News, U.S. Economy
18 Comments
China Has Divested 97 Percent of Its Holdings in US Treasury Bills
Saturday, June 4, 2011 President Obama and President Hu Jintao of China During a State Dinner on Jan. 19, 2011 China has dropped 97 percent of its holdings in US Treasury bills, decreasing its ownership of the short-term US government securities from … Continue reading
Posted in China, International News, News, U.S. Economy, US Debt
Tagged China, International News, News, U.S. Economy, US Debt
18 Comments
America’s Middle Class Crisis: The Sobering Facts
Sunday, May 8, 2011 While Warrior Obama is riding high after sending the order to the U.S. Navy Seal team to kill Osama bin Laden, the president is tone deaf when it comes the dramatic economic crisis hitting America’s middle … Continue reading
Posted in 2012 Election, Middle Class, News, U.S. Economy, Warrior Obama
Tagged 2012 Election, Middle Class, News, U.S. Economy, Warrior Obama
12 Comments
The Cost of Catching, Killing Osama bin Laden: $3 Trillion
Saturday, May 7, 2011 The most elusive public enemy in American history was killed one week ago from two bullets wounds; one to the chest and one to the head. It all sounds so simple. If only this were true. … Continue reading
Posted in 9/11, al-Qaeda, International News, News, Osama bin Laden, U.S. Economy, War on Terror
Tagged 9/11, al-Qaeda, International News, News, Osama bin Laden, U.S. Economy, War on Terror
14 Comments
IMF Bombshell: Age of America Nears End
Monday, April 25, 2011 I guess deep down in our psyches, we knew this day would come. Just not this soon. For the first time, the International Monetary Fund announced a date for the moment when the “Age of America” … Continue reading
Posted in China, International News, News, U.S. Economy
Tagged China, International News, News, U.S. Economy
16 Comments
Obama = $124 a Barrel Oil
Friday, April 8, 2011 Despite the Obama administration’s failed attempt to blame record gas prices on the growth of the economies of India and China, the real reason for record high gas prices is geopolitical. Reuters via Yahoo reports: Oil … Continue reading
President Pootie Tang Gets His Tax Cut Bill
Friday, December 17, 2010 By a vote of 277 to 148, with 112 Democrats and 36 Republicans voting “No,” the House of Representatives passed President Pootie Tang tax cut package which overwhelmingly favors Americans earning more than $250,000 a year. … Continue reading
Top 10 States People are Fleeing: New York Ranks No. 1
Sunday, December 12, 2010 In about seven weeks, we will be leaving New York for good. From the terrible winter weather to the highest property taxes in the U.S., living in New York is a miserable, grinding experience. And we … Continue reading