The U.S. is already $12 trillion in debt, not counting unfunded promises like Social Security and Medicare, and the current administration wants to add $1 trillion per year for the next ten years to that number. At what point does such an unstable financial system collapse?

Various anecdotal evidence explains why the dollar will continue to fall and why that maybe good for corporate America and its shareholders, but not necessarily for the average Jane or Joe.

With the recession and economic downturn leaving Britain with a huge national debt and a general election looming, the political parties are looking at saving money and cutting costs. Both Labour and the Conservatives are talking about public spending cuts, albeit in different arenas.

A massive trillion plus deficit, government run health insurance, runaway entitlement costs, and government owned auto companies. What happened to the America of rugged individualism that distrusted government? Can the plan of union established by the founders be restored in a society hurtling toward socialism?

Have you ever wondered why the US economy is in the gutter? Here’s where you can find out.

With the national debt now topping 11 trillion dollars, how can America get out of the red and into the black?

How governments are reacting to the recession.

I took my mother shopping this morning, and she told me how much things has went up in price. For example at Wal-Mart, a box of Ritz crackers was selling for $2.50 it is now selling for $2.98. If you have an unlimited source of income you don’t need to worry.

If the federal government can more than double their deficit in one year, what type of example are they setting for Americans? Our children learn by watching us, we learn by watching our government.