Obama: $1.2 trillion in cuts must happen
Posted on Nov 22, 2011 | 0 comments
President says that despite the super committee’s failure, Congress cannot escape necessary cuts.
Source: http://money.cnn.com/video/news/2011/11/21/n_obama_veto_auto_cuts.cnnmoney/
Leave a Reply
The Coming Depression- The new American Dream of renting – 5 reasons why renting is a better economic choice than buying a home in 2012. The benefits of renting are rarely promoted unlike the large lobbying groups for home buying through the banking industry.
- The Truth about Option ARMs, Pick-a-Pay Mortgages, and Alt-A Loans: Looking at Wells Fargo, Bank of America, and JP Morgan. We are in the Eye of the $469 Billion Toxic Mortgage Hurricane and Silence is not Golden.
- Lehman Brothers: The Rise and Fall of Lehman Brothers. A History that Goes Beyond the Great Depression.
- American Savings: Americans Save an Average of $392 Per Year. Total Consumer Debt is over $2.5 Trillion. The Dark Knight of Debt.
- Global Debt Crisis, There Is Not Enough Money On Planet Earth