Page 2 - Ã Quote News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fourth largest holder of u.s. debt, with $230 billion in u.s. treasuries. this summer, secretary tim geithner travelled to saudi arabia and the united arab emirates, selling them more u.s. debt. how did he do? he won't tell us. in fact, the treasury department won't reveal how much individual oil exporting countries hold, or have ever held in u.s. treasuries. in 1974, treasury secretary william simon struck a deal with saudi arabia for the saudis to start buying billions of dollars of u.s. debt. secretly. a secret treasury memo to then secretary of state henry kissinger explained that, quote, ...

Unemployment insurance, but, quote, whether to pay for it as opposed to adding to it the deficit. overlooked in overlooked in debate so far is how to pay for the tax cuts which will cost the u.s. an estimated $4 trillion just over the next ten years, plus interest. earlier today mr. obama said that raising our deficit will make america less competitive. >> i'm looking at the books back in washington. and folks weren't doing a real good job with their mast for the last decade. [ applause ] ç so now that the threat of a depression has passed, and a recovery is beginning to take hold, reducing ...