Personal Debt-Information On Average Personal Debt, Personal Debt Consolidation Loan, Personal Debt Consolidation

Growth vs Oil asked:


Heck they have made money just dragging it out. Why did they now cause a fuss when Bush raised the debt ceiling? John Boehner and Eric Cantor will profit in their personal investments if the ceiling is not raised.

Markus Imondi

what did i do to deserve this asked:


he said there would not be money to send out Aug checks) what immediate steps should be taken to help this situation? Like maybe cut all corporate and personal welfare spending and use it to pay SS? or bring all troops back to the US and cut all military spending other than pay to troops? or fire all federal govt workers?

Cletus Calowell

Common Sense asked:


Would any responsible lender give it to you?

Yes this is an analogy of the debt ceiling for the slow ones out there.

Nat

nightowl1517 asked:


Does the Republican party really want U.S to default on their loans? and for what? Their personal political reasons?

Abraham Ennis

isurvived asked:


For the under $250K crowd.

Gertha Dolven

Rahm asked:


Just wondering if there is nonsense free , prejudices free , free of personal preference and agenda
analysis of US economy and US debt available over the internet .

so much anger so much scapegoat blaming agenda in politics right now over economy , why not to use hard core pure analysis prejudices fears and nonsense free ???

Vertie Servin

Fib O Matic asked:


Have liberals completely forgotten about personal responsibility?

Shirley Elijah

Blockhead asked:


to be responsible for the situation they face, yet an administration that overspends, doubles the national debt, and faces the collapse of the national economy is said to be just the victim of a natural economic cycle?
Why is the individual held responsible for financial mismanagement and the government just a victim?

Alonzo Nieminen

End The Fed!!! asked:


They are already in the 33% Federal income tax bracket right now (paying about 25% of their income)…that doesn’t include Social Security (another 5%) and State and local taxes (another 5-7%).

Do liberals really think those making over $250k/yr should surrender nearly 40% of their income to the government? …keeping in mind this type of income usually requires large monetary and time investments in education by the individual (doctors, pilots, attorneys….all of their higher education will surely entrench them with great personal debt.)

And would you prioritize this over addressing our massive waste in military spending and our foriegn policy?

http://www.moneychimp.com/features/tax_brackets.htm

@Chewy Ivan 2: “Took advantage due to past deficit spending”? That qualifies for the term “hasty generalization”. You assert everyone who EARNS that amount has done so thanks to deficit spending?

How has the Dept of Health and Human services (averaging a $910B annual budget) benefited tenured pilots?

How has paying SS and SSI to hundreds of millions benefited attorney’s?

How has the wasted money given to Pakistan, Egypt, Israel, the IMF, and other central banks benefited your local doctor?

The ones to truly benefit from the deficit spending are the large corporations (usually with Govt-interests): i.e. JP Morgan Chase and Bear Sterns, AIG, GE, Goldman Sachs, L3, Lockheed Martin, Raytheon, Harris, Halliburton, Blackwater, Bechtel, and even the mainstream media outlets. NOT the local, hard-working American who has made a name for his/herself, as you proclaim.

Lindsy Kowalowski

g asked:


It seems like every cons solution is “NOW, NOW, NOW’… when realistically, this is probably going to be a 30+ year process, best case scenario…

I’m in personal debt, should I sell my home and car and live in a cardboard box?

or should I keep living in my home any work toward paying off my mortgage over a long period?

cons so far have aimed at unemployment, teachers/schools, all public unions, and medicare… often with massive fundamental cuts that seem to be aimed at paying all the debt off “NOW!”…

isn’t there some point where you’re cutting off your nose to spite your face?
when you have a 14 trillion gdp… a 14 trillion debt is pretty manageable… I **** to burst your bubble chicken little…

it’s not ideal, and it is a problem… but manageable, yes…
paying off half in 5 years… that’s slash and burn, if you want to admit it or not…
I mean 10 years… but still, slash and burn…
just because people aren’t managing something, it doesn’t mean it “isn’t manageable” lol…

Clinton and Gingrich were managing it fairly well, then Bush got in and nobody cared anymore… he cranked up the spending, then hit a recession… higher spending plus lower revenue (recession) = bad times…
Ryan’s plan fundamentally changes medicare for only that much savings? lol… wow…

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