“America pays its bills. It always has. It always will. The fact that Washington is now debating whether to honor its debts and obligations, then, should come as a surprise. But playing political football with a necessary vote to raise the nation's debt ceiling has become as predictable as a Twitter rant from Charlie Sheen.” ShouldFactsAmericaPoliticalNationsPayFootballHonorVoteRaisesBillsSurpriseDebtObligationCharlieCeilingsPredictableRantDebt Ceiling Author:Peter Welch
“When America's creditors consider our behavior they see total fiscal irresponsibility. They see a deluded country that acts as if it is a privilege for foreigners to lend to it, and a deluded country that believes that foreigners will continue to accumulate US debt until the end of time. The fact of the matter is that the US is bankrupt.” IfsBelieveEndsCountryMatterFactsAmericaBehaviorPrivilegeDebtEnd TimesForeignersDeludedCreditorsIrresponsibility Author:Paul Craig Roberts
“The fact that previous generations have handed down to us a substantial public heritage by way of roads, port, etc. almost completely free of debt, seems to me to impose some limitation on the validity of the theory that by borrowing we should, or could, pass on the burden of development to the next generation.” WayShouldFactsSeemsNextGenerationsTheoryDevelopmentBurdenDebtLimitationEtcHeritageNext GenerationPortBorrowingValidityPrevious Generations Author:John James Cowperthwaite
“Developed countries will always welcome the Einsteins of this world - those individuals whose talents are already recognized and deemed to have value. This welcome doesn't usually extend to the poor and uneducated people seeking to enter the country. But the truth, supported by the facts of history and the richness of immigrant contribution to America's distinction in the world, is that the most entrepreneurial, innovative, motivated citizen is the one who has been given an opportunity and wants to repay the debt.” PeopleWorldWantHas BeensCountryFactsAmericaValuesOpportunityIndividualGivenPoorTalentThis WorldCitizensSeekingDebtWelcomeContributionDistinctionImmigrantsMotivatedInnovativeRichnessEntrepreneurialUneducatedDeveloped Country Author:Alfredo Quinones-Hinojosa