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Listen Moron! a US Army sponsored dictator or leader cannot just decide to stay for another 17 or 27 years. Either face a hard pill for 5-7 years or look into the "ECONOMIC ABYSS" for next 50 years.......all the while "abandoning on the streets" the older generation that really made what US has...

Only a military dictator who is paid $5M a year taxfree and who has an economic team where each member gets $1M a year taxfree. Only this configuration of leadership can be a good CEO for the economic current set up of the US. Hard pills in areas like defense, health care, government...

Excellent article and thanks PieZoe! No wonder $20 toothbrushes and $10 for dozen of paper napkins make no sense in the US hospitals. Cut this healthcare cost by even half, US will still be the top spender but save good $1.3 Trillion each single year. In 10 years this means debt...

Phds in math, physics along with knowledge of programming can devise very good models to trade with high percentage winners. :D

During FY 2011, the federal government spent $3.60 trillion on a budget or cash basis, up 4% vs. FY 2010 spending of $3.46 trillion and up 20% versus FY2008 spend of $2.97 trillion. Major categories of FY 2011 spending included: Medicare & Medicaid ($835B or 24%), Social Security ($725B or 20%)...

USMC has taken the oath to protect their country from all enemies and threats, external or internal. Once it is determined that no one in washington is doing a thing to tackle and reduce the debt, the military will take matters into its own hands. Remember, military does not really...

And the reasons behind this are? why would behind the scene powers want to stop a US President from reducing the debt. If your points are correct then that is a BIGGER cause for M1-A1s to visit the DC and NY, political and financial capitals.

I don't care who gets elected Period! Anyone who is in the White House better tackle the debt head on. I ALREADY FORESEE & HEAR THE RUMBLE OF US MARINE CORPS M1 ABRAHMS ON THEIR WAY TO ENCIRCLE THE WH AND CAPITAL HILL. HARD ECONOMIC DRILLS ARE THE NEW GAME IN TOWN :D

It is just one minded focus to stop, stall and sink the DEBT. How do you do it, by killing the deficit which done by balancing the budgets which is done by fiscal discipline and so and so on. HARD PILLS will have to be taken, I would not care if 20,000 people in Government or JP Morgan or GS...

Who care if recession ended in 2009 or later. The point is, whoever takes the White House, gets going with one minded agenda to stall and start to reduce the debt pile up on the US balance sheets. Hard pills will have to be taken and fancy words like jobs creation, growth and military...

Today Gen. Mullen said that debt and deficits are a national security threat in next 5 years. If things go on the way they are currently, then by 2022, roughly 10% of US GDP will go to feed the debt and its related expenses. Better act now to smoothly ward off the monster or face the pain...

it is very possible, robots are just around the corner to deal with CSR or Window or minor paper work type issues. the main question is that of sincere intention. that will be a human decision. :D

It is absolutely possible with sincerity ofcourse. If political mindset is thrown in then any good plan will be a mess. $1 Trillion a year from energy self sufficiency will more than account for debt interest and principal payments. It might even leave $200B to maintain growth in other areas...

I only see two scenarios that can save the US economic ship from sinking. Sadly both are somewhat painful. a) Hyperinflation, which washes out the value of the debt. Has very painful sideeffects on the 90% of the society. b) Two decades long austerity which calls for balanced budgets...

Every asset class has its own cycle and thus utility. T-bills have been the shelter of last resort for everyone around the globe. However, as mentioned by another poster, 75% of T-bills are now only bought by the Fed. Seems the peak utility of T-bills to sponsor the deficit and debt is soon...

My fear is that Romney if elected might seek the serious devaluation route to cancel the debt to the trash bin. This would create hyperinflation for a while and bankrupt majority of American households but end if it all $16Trillion of debt will be out the window. Romney calls himself...

Would these LLCs be good for multiple members too like upto 35 or 99 where one can charge hedge fund like fees under the name 'operating fees' etc. Someone on ET, few years ago, it was mentioned LLCs are the best way to bypass the hedge fund set up headache and expenses. Cheers!

The only Romney agenda I like is his plans to go tough on China. Other than that his declared plans are not those of a turnaround specialist, not even near. Worst, under Romney, US might get into a shooting and long stagnant war with Iran, which can really ruin the economy.

The idea is brilliant. For example: 4% interest rates on credit cards, means consumers save from 5% to 15% per year in extra interest payments on average. The money goes straight to the treasury to cancel the deficit instead of going into the pockets of CEOs and wallstreet big wigs making 10s...

Good program and as seen from various bailouts by Fed to different companies, the returns are impressive. Balanced budgets are something which are critical to the financial pulse of any country. Hope RAT Republicans do not take the offices and rack up the spending because Fed has given them...