The Story of Russian Oil
The Story of Russian Oil
A Shuffle of Aluminum, but to Banks, Pure Gold
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.
Citigroup Wrote the Wall Street Giveaway The House Just Approved
The bill, drafted almost entirely by Citigroup, would allow banks to do more high-risk trading with taxpayer-backed money.
—By Erika Eichelberger
Interest Rates Will Go Up
Fed ends bond-buying, promises hold on interest rates for now
By Kevin G. Hall
McClatchy Washington Bureau October 29, 2014
Amortization schedule #2 $19.8 Trillion @ 4.5%
Our National Debt Amortized as a 30 Year Loan @ 4.5%
Amortization schedule #1 $19.8 Trillion @ 2.25%
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%.
Follow the money
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 history
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.