Page 11 - Debt Level News Today

Over the second largest oil fields and we stay. >> wow. make iraq the 51st state? another alaska? whoo. okay. well see. that one is clearly one he truly believes. still not sure on the birther stuff. next, michelle bachmann in overdrive. most contenders argue president obamas policies hurt the business growth. she said the president actually wants americans to be poor. >> i think that the agenda that we have seen, we know that 63% of all households have seen a major decline in their personal w...

Over the second largest oil fields and we stay. >> wow. make iraq the 51st state? another alaska? whoo. okay. well see. that one is clearly one he truly believes. still not sure on the birther stuff. next, michelle bachmann in overdrive. most 2012 contenders would argue president obamas policies hurt economic growth. yesterday on the radio she took a step further. she said the president actually wants americans to be poor. >> i think that the agenda that we have seen, we know that 63% of all h...

Trump outlined his plan about iraq on fox last night. watch. >> you stay and protect the oil and you take the oil and you take whatevers necessary for them and you take whats necessary for us and we pay ourself back a trillion and a half dollars or more. if you look at wars over the years and i study wars, okay, my whole life is a war, you look at wars over the years, a country goes in, they conquer and they stay. in a nutshell, we go in, we take over the second largest oil fields and we stay. >...

>> i think that the agenda that we have seen, we know that 63% of all households have seen a major decline in their personal wealth, a decline in their personal income, and an increase in their debt level. thats all attributable directly to barack obamas principles. i think barack obamas getting exactly the outcome that he hoped for. all of us, i think, are perhaps giving the president too much credit thinking, well, he probably just doesnt understand that liberalism actually makes people poorer...

Possibility, but, the higher the price tag gets and knowing the debt level if japan, not so possible now. >>guest: no, the food prices and fuel prices were not enough now we have possible rising interest rates here in the united states. this is a serious problem. japan is running 200 percent debt to g.d.p. and even before this crisis. so, their finance minister has said we do not have the money to float enough bond to issue enough new debt to pay the $400 billion clean up for the radiation site,...

>> the united states national debt level is highest it has been since world war ii. the congressional budget office is warning president obamas deficit commission that something has got to be done and quickly. by the end of this year, our debt level will represent 62% of this nations economy. and it will rise to 80% in 2035, just 25 years out, and that means that simply paying the interest on the national debt will consume one-third of all federal revenue, just to pay the interest. and thats the...

A sort of uncontained debt restructuring and a huge financial mess? >> what does that mean? does that mean -- will they be willing to pony up enormous sums of money? >> the question you obviously ask, there is what are they going to do? will they put up enough money, if necessary to take these countries out of the mark forth some years, what they have done with greece? taken it out of the market for two or three years? would they do that in the money involved would be quite substantial, many, ma...

Problems without creating a sort of uncontained debt restructuring and a huge financial mess. >> what does that mean? does that mean will they be willing to pony up enormous sums of money? >> the question you obviously ask, is what are they going to do. will they put up enough money if necessary to take these countries out of the market for some years, which has affected what they have done with greece. they have taken it out of the market for between two and three years. would they do that. the...

The politicians there will take the money and say now we swear the pledge, were going to reduce the amount of money we spend in government? >> they agreed to $38 billion in cuts. >> david: words are cheap, vicky. >> talking about getting the debt level to euro zone. you can say the words are cheap but it doesnt leave you anywhere. this is an interim step to get greece, politician and people in the right steps. that society has to change a lot. half of the workers are unionized. they have fat pen...

Any kind of meaningful correction and now youve got concerns about greece, concerns about the u.s.-owned debt level and concerns about china needing to maybe slow down in its growth. all of this stuff feeding together. the volatility of a computer driven stock market and all of this stuff came together. so lets just look, can we look at that chart again? can we look at what happened yesterday? i mean, don, geez, i mean, i dont mean to sound like an old lady but ive been doing this a long time. t...