October 25, 2013
“Most of today’s college grads won’t be able to retire until 73 due to high debt load —12 years later than the current average retirement age,” reports NerdWallet which produced the graphic. “Given a life expectancy of 84, grads will only have 11 years to enjoy retirement.”

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News and politics | Tagged: Bachelor's degree or higher, Debt, life expectancy, Mutual fund, NerdWallet, Retirement, Retirement age, Student loan |
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Posted by tarpon
October 16, 2013

You young debt slaves, are so screwed by Obama … It’s laughable.
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News and politics | Tagged: barack obama, Debt, Obama, Patient Protection and Affordable Care Act, President, Sarah Palin, United States, United States public debt |
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Posted by tarpon
October 10, 2013
Taxes collected since shut down …
Feds collect $56 billion in taxes during 9 days of ‘shutdown’….
Truckers expected to protest in DC Friday…
So how is this default? It only takes around $20 billion to service the debt … The total is about $220 billion in taxes per month … What default???
NO DEAL: Obama Rejects GOP’s Compromise Proposal of Short-Term Debt Limit Increase
So it was all for nothing …
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News and politics | Tagged: budget, Debt, default, U.S. News & World Report, United States |
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Posted by tarpon
October 7, 2013
Back on Sept 27 2013 — Obama says …::: No negotiation, Unless I get my way …
This time, President Barack Obama says, he’s not budging. This is the confrontational Obama, the “Make my day” president, betting Republicans blink to avoid a government shutdown or a first-ever default of the nation’s debts.
It’s a proposition not without risk and one with a history of last-minute accommodations on both sides. Brinkmanship between Obama and congressional Republicans has often stopped at the precipice’s edge.
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News and politics | Tagged: barack obama, Concession (politics), Debt, government shutdown, john boehner, Obama, United States, White House |
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Posted by tarpon
September 19, 2013
Obama: ‘Raising Debt Ceiling, Does Not Increase Our Debt’…
Only a fool, our an idiot would believe that…
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News and politics | Tagged: barack obama, Debt, Obama, Republican Party (United States), United States, United States Congress, United States debt ceiling, United States public debt |
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Posted by tarpon
September 13, 2013
It could be worse, but how…::: Poll: Americans Oppose Raising the Debt Ceiling Even If U.S. Defaults and Say Government Wastes 60 Cents of Every Tax Dollar
With the federal government expected to hit its debt limit in mid-October, 70 percent of Americans oppose raising the debt ceiling, the latest Reason-Rupe poll finds. In fact, 55 percent of Americans say they do not support raising the debt ceiling even if it causes the U.S. to default on its debt.
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News and politics | Tagged: Business, Debt, Financial services, mid-October, Reason-Rupe, United States, United States Congress, United States public debt |
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Posted by tarpon
September 11, 2013
Of student loan debt …
Notice anything about this chart of student loan debt owed to the Federal government? Direct Federal loans to students have exploded higher, from $93 billion in 2007 to $560 billion in early 2013. This gargantuan sum exceeds the gross domestic product (GDP) of entire nations—for example, Sweden ($538 billion) and Iran ($521 billion). Non-Federal student loans total another $500 billion, bringing the total to over $1 trillion.
Does this look remotely sustainable? Does it look remotely healthy for students, society, taxpayers now on the hook for a half-trillion dollars in potential defaults or the U.S. economy?

Free money, not so free.
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News and politics | Tagged: Debt, Economy of the United States, Federal government of the United States, Gross domestic product, Iran, Student loan, Student loans in the United States, Sweden |
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Posted by tarpon