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  • Global Government Debt Bubble

    Moody’s Warns Again: “This Triple Rating isn't Assured Forever”

    The “Economic Stimulus” bill, expected to be signed by President Obama today, will have yet another frightening long-term consequence. A report, issued by Moody’s Investors Service, said the increase in debt could have a negative impact on the country’s triple-A credit rating. An understatement to be sure. Steven Hess, a … More

    Obama is the One Peddling Old Ideas

    Defending his Trillion Dollar Debt Plan, President Barack Obama said critics of his plan were peddling “worn out old ideas” that won’t pull the country out of the recession. But it is Obama’s policies that are worn out and old. And its not just conservatives who are saying that. Howard … More

    How Soon Will the Global Government Debt Bubble Burst?

    Last Friday Heritage fellow JD Foster detailed how President Barack Obama’s Trillion Dollar Debt Plan is destined to backfire: This debt explosion is likely to raise interest rates significantly for government debt, thereby increasing interest costs for future generations. More troubling at the moment, this policy will increase interest rates … More

    The Global Government Debt Bubble

    This Friday the New York Times reported: Even as Congress looks for ways to expand President Obama’s $819 billion stimulus package, the rest of the world is wondering how Washington will pay for it all. … “The U.S. needs to show some proof they have a plan to get out … More