One nation under debt

[lambsev]

Why are we unable to slove our economic woes? Because God is against the prosperity of a nation that routinely slaughters 25% of it's unborn.

[sipraomer]

Who is this pig?

[martyocean]

whats your ciziten ship europe ? broke, Asia ? not broke but not free or fair ,australia not broke and free or middel east to hot , to many stones

[everst]

sounds BOOOOOORING

[sugarpuddin88]

Gimme a break!

The USA is bankrupt & Oct 1st US Military troops are training to fight American citizens

US owes 96 trillion it has plundered & pledged to SS & Medicare

US plundered another 53 trillion from other trusts

US owes 10 trillion interest to a bunch of private bankers it allows to print money out of thin air

US owes on 12 trillion Freddie & Fannie; US owes untold to Bernanke's buddies on Wall Street

US is over and done with!

Thank god for my second citizenship!

[ottomadicly]

I know things are bad when even the collections agency calls to offer a "Forgiveness" program, if I qualify. Theres always a catch. Anyway keep up the good work, real news is hard to find nowadays.

[FattKidd]

We ought to just wipe all mortgages/auto loans off the books. Everybody owns their houses/cars, free & clear. Then, we wipe balance sheets of banks clean. Only thing they'd have on books would be deposits. Then, we cancel Federal Reserve & get back to Congress regulating a gold/silver based currency. Banks would be charter members of Treasury, not Fed Reserve & could only charge 3% interest on loans. Treasury increases $ supply by 3% annually & wages would increase by same.

[klonedklein]

Exactly... that is fair believe it or not. We work for digital money or a piece of barter paper with a number on it, so in actuality a clean slate only makes those that believe they are better because they rape and pillage others pissed off.

[turkeyjurker]

he's asking for numbers Danny but you don't have any. one group not being blamed is the greedy ass realtors who fueled the ridiculous jump in home prices. all they saw is their % over and over again.

[wisdomknight777]

Amen brother

[booboomonger]

A temporary moratorium on foreclosures is a reasonable economic strategy in the current crisis. It's little different to the moratorium on the foreclosure(bankruptcy) of key financial institutions in recent months, and could prevent destabilizing economic effects. Mind you, I don't endorse either, and believe that markets should be left to sort themselves out here, and parties involved should just be taking their medicine. It would make us stronger in the long run.

[XulChris]

HAHAHAH We need to just stop all foreclosures? Since everything is going to be free in the future, then The Real News most surely does not need any donation from me! HAHAHHAHAHAH stop all foreclosures AHHAHAHHAHAHAHAH Oh, and by the way, we need to just simply stop poverty, and stop all wars and stop all racism and it's all so simple, we just need to live in a perfect utopian society where everything is free. HAHAHHAHAHAHAH It's so simple HAHHAHAHAH

[PersonalJesus348]

it is simple.

[lordblazer]

if our society was socially advance then yea none of the problems we have today wouldn't exist.

[bas058]

If the Federal Government is going to pour tax dollars, to the tune of over a trillion dollars, into bailing out these banks then why shouldn't the banks be forced to renegotiate these underwater mortgages? If we are going to nationalize a huge chunk of our financial sector, it seems reasonable that some of those resources should be directed towards keeping people out of parking lots and tent cities, for the sake of social stability if nothing else.

[XulChris]

You are correct, the $1,000,000,000,000.00 bailout law is illegal, and Tyrant Paulson need to be put in jail. It's too bad our government does not follow the constitution any more.  But, yes I agree, if the govt. is going to be corrupt they should use their stolen money to bail out home owners instead of bankers. But what can you do? They are all corrupt. Your only hope is to vote them out of office.

[ngonea]

That would not work, the object of the Money Masters is to usurp "real property", that is why they create money out of thin air and loan to us working suckers, then we pay 3 times the cost of a house/car etc. in interest to them.

This is 1929 history repeating itself, when they let the working class into the stock market, you know there is a fleecing coming!

just read the history.

[chrisclub]

Great suppary of the Republicans tring to distract from their criminal activity.