Only You Can Make Change Happen
Your kids are Inheriting this mess, They & You have been hosed!
Your kids are Inheriting this mess, They & You have been hosed!
Goldman's new money machine: warehouses
(Reuters) - In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable warehouse that investment bank Goldman Sachs has transformed into a money-making machine.
The bill, drafted almost entirely by Citigroup, would allow banks to do more high-risk trading with taxpayer-backed money.
—By Erika Eichelberger
Fed ends bond-buying, promises hold on interest rates for now
By Kevin G. Hall
McClatchy Washington Bureau October 29, 2014
Our National Debt Amortized as a 30 Year Loan @ 4.5%
Our National Debt Amortized as a 30 Year Loan @ 2.25%
Our payment would be $ 74,537,999,000 ($74 Billion) per month for 30 years with a rate of 2.25%.
The real reason bankers rage about raising interest rates
By Paul Krugman
September 22, 2015
We shouldn’t be surprised to see institutions that cater to bankers spinning elaborate justifications for an interest rate hike that makes no sense.
Debt, Deficit & Interest History
On this page you will find the National Debt by year and Interest paid each year along with the Deficit from 1980 until the present.