Is the United States going broke?
Many would roll their eyes at this notion; they would tell you that the country has never defaulted on its debt that its long-term interest rates are historically low; that the dollar is the world’s reserve currency; and that China, Japan, and other countries have an insatiable demand for U.S. [...]
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Joshua Dorkin
Charles Feldman

Ted Karsch.





President Bush Orders Auto Maker Bailout…As Predicted Here!
by Rob K. Blake | December 20, 2008As I predicted last week here on the BiggerPockets Blog, the President told the press this afternoon he ordered the Treasury to bailout the automakers. In my post entitled, Can Hank Paulson Use TARP Funds To Bail Out Auto-Makers?, I foretold this action a week in advance.
Surprisingly I received a few comments chiding me [...]