Beyond Debt – Michael Peterson | The Open Mind

Beyond Debt – Michael Peterson | The Open Mind

I’m Alexander Heffner your host on The Open Mind. Today’s guest and I share a proud intergenerational bond and those of you who have watched this program know I succeeded in the moderator’s chair my grandfather who enjoyed his intellectual exchanges on the open mine with the father of my guest Michael A. Peterson whom

What is the US debt ceiling?

What is the US debt ceiling?

SO WHAT IS THE DEBT CEILING? In many months the US government spends more than it receives in taxes and other income. To make up this short fall it borrows money from the US Treasury. Who then issues IOUs called bonds, which are bought by investors. Since these bonds are backed by the US treasury

All you need to know about the federal debt

All you need to know about the federal debt

The federal debt. Is it a crisis that demands immediate attention? Should Congress make fixing the debt its top priority? Or have we made largely uncelebrated progress? Let’s look behind the headlines and see what’s really going on. First, the debt: the total amount of money the government has borrowed because it’s been spending more

10 Stunning Facts About The United States National Debt

10 Stunning Facts About The United States National Debt

10 Stunning Facts About The United States National Debt If you divide up the national debt equally among all U.S. taxpayers, each taxpayer would owe approximately $134,685. If you add up all forms of debt in the United States (government, business and consumer), it comes to more than 56 trillion dollars. That is more than

Rosland Capital Commercial – US National Debt: 17.5 Trillion

Rosland Capital Commercial – US National Debt: 17.5 Trillion

Hi I’m William Devane. And look at this. 17 and a half trilllion dollars in debt. And by tomorrow, it will have risen by another five hundred million. Now if that doesn’t concern you, it should. How do you get more control over your investments and retirement with debt like this racking up against you.

Uncle Sam’s Debt Cake

Uncle Sam’s Debt Cake

Imagine this cake is the federal budget. This huge section of the cake represents mandatory spending, and is automatically set aside when the budget is drafted each year. It pays for programs like Social Security and Medicare, and its amount cannot be altered without changes to federal laws. 50 years ago, mandatory spending accounted for

Debt Crisis of United States of America 2011 Explained in a Simplified Way

Debt Crisis of United States of America 2011 Explained in a Simplified Way

meet Uncle Sam he has a lot of bills to pay almost four trillion dollars worth every year Uncle Sam’s income is a little over two trillion dollars per year to make up the difference the deficit he does what most Americans do he borrows money, When uncle sam picks up a loan he calls

The Federal Debt:  All You Need to Know in Three Minutes

The Federal Debt: All You Need to Know in Three Minutes

the federal debt is it a crisis that demands immediate attention should Congress make fixing the dead it's top priority or have we made largely uncelebrated progress let's look behind the headlines and see what's really going on first the debt the total amount of money the government has borrowed because it's been spending more

Debt Crisis of United States of America 2018 Explained in a Simplified Way

Debt Crisis of United States of America 2018 Explained in a Simplified Way

The American Debt Slave-The Big Con

The American Debt Slave-The Big Con

you are about to learn one of the biggest secrets in the history of the world it's a secret that has huge effects for everyone who lives on this planet most people can feel deep down that something isn't quite right the world economy but few know what is gone are the days where a