nonalcoholic2007 asked:


Obama, Hagel, Cantwell, Smith Hail Committee Passage of the Global Poverty Act

WASHINGTON, D.C. - U.S. Senators Barack Obama (D-IL), Chuck Hagel (R-NE), and Maria Cantwell (D-WA) and Congressman Adam Smith (D-WA) today hailed the Senate Foreign Relations Committee’s passage of the Global Poverty Act (S.2433), which requires the President to develop and implement a comprehensive policy to cut extreme global poverty in half by 2015 through aid, trade, debt relief, and coordination with the international community, businesses and NGOs.
Midcan after you pay your share of the national debt you can donate any money you like to help your neighbor. PAY YOUR BILLS FIRST!
Aid, Trade and Debt Relief.

Two out of three are just give aways!

Timothy

bob asked:


China practically owns us. Both presidential candidates tax plans increase our national debt by over $200 billion, with Obama’s costing a little bit more. Why do they have to keep borrowing more money instead of shrinking the debt?? It’s gonna come back and bite the country big time before too long.

Sally

interdependent globalized world asked:


How does the debt system work, what happens when the other countries buy our debt, can they sell our debt to other countries, can they force us to pay our debts at any given time, please explain how the national debt system works?

Thanks, I need lots of details and really want to understand so thanks again for your help!

April

Justin asked:


I am curious as to what final leg(s) we are left standing on? Obviously our economy can be roughly translated as “debt”. As our ability to borrow dwindles, so goes our economy.

Obviously our economy was way overheated in the late 90’s. So now we are contracting; I saw an article comparing Japan of the late 80’s to our economy at its peak, and thought it’s not coincidental that roughly the same thing is happening in the US.

Of course our total outstanding national debt sits around $54-55 trillion(!) range.

How can we possibly function in this capacity?

Douglas

Elysse M asked:


Just curious about where the money is coming from. Are they borrowing the money and increasing our national debt to do this?

Caffeinated Content

chantakg asked:


My mom got a letter from a debt relief program, shes thinking of looking into it but before she did I wanted to know if I could find out if its reputable.

Its National Debt Relief Divison

Caffeinated Content for WordPress