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Debt ceiling rhetoric from both sides has blurred the reality that the US Government continues to spend more money than it takes in.
On this broadcast, we explain what the debt consist of, who owns it and short / long term impact on federal policy and interest rates.
The House has voted to defund ObamaCare while fully funding the government. Ted Cruz calls on Senate Republicians to not allow Harry Reid to use "procedural tricks" to put funding for ObamaCare back into the Continuing Resolution. Obama says he will veto any C.R. bill that doesn't fund the Affordable Care Act which could lead to a "government shutdown". Meanwhile, Obama tells America that raising the Debt Ceiling does not increase national debt. We'll start there but we will also talk about how Obama has waived a provision of federal law designed to prevent the supply of arms to terrorist groups to clear the way for the U.S. to provide military assistance to opposition groups in Syria. Next; first he wanted Obama to skip coming to Congress and just attack Syria, then he wanted to limit free speech, and now Sen. Lindsey Graham wants to seek authorization for the U.S. to attack Iran. Other topics if time allows; Dianne Feinstein says "First Amendment Is A Special Privilege", Not A Right! and a Maryland Parent Arrested While Speaking Out Against Common Core at a Public Forum.
Web sites of interest:
Stocks were on fire in 2013. Will stocks soar again in 2014?
What about the Feb. 7, 2014 Debt Ceiling deadline? Can Secretary Lew push paper around and get us through summer without another political crisis?
Fitch has promised to address their Credit Watch Negative on the U.S. by the end of the first quarter 2014 (March 31, 2014). Their review occurs on March 21, 2014. What factors are at play? What's the likely outcome?
José Figueroa is a financial coach and bilingual blogger who started Figueroa Financial. You can follow him online at figueroafinancial.com. Originally from Puerto Rico, he currently resides in the Dallas Fort Worth area. Jose joins us today to share his story of debt freedom not to brag, but to give you hope and encouragement to continue to pursue your debt free dreams.
Join us on Facebook: http://facebook.com/debtfree4life
Aja McClanahan and her family paid off $110,000 and are debt free, inlcuding their mortgage. As you listen to their unique experience around achieving and maintaining debt freedom, ask yourself, what can you do to achieve your goals? Stay connected with Aja's journey on her blog: Principles of Increase.
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Callers and Chat Participation are Welcome. All mics stay open during the show.
Bards Logic discusses the Government Shutdown, Obamacare, Immigration, and the upcoming Debt Ceiling Debate.
With the Government Shutdown and the Battle to Defund Obamacare waging, the debt ceiling increase looms. U.S. debt is over $17 Trillion, Obamacare will increase it and so will the Immigration "Reform" Bill that has been all but forgotten.
Join us in finding some Logic in this Government in Chaos ( or so it would appear).
NATIONSTAR MORTGAGE DEBT COLLECTION FDCPA VIOLATIONS QWR RESPONSE CFPB CONSUMER RIGHTS VIOLATIONS
"the daily complaint"
Every weekday we will be answering client complaints on THE DEBT SHOW to provide direction and resources for both the person complaining as well as other consumers experiencing similar issues whether it be mortgage fraud, loan servicing escrow issues, loan modification runarounds or denials, short sale refusals, deed in lieu negotiations and credit card debt collector abuses and fraud violations.
I routinely look for posts to answer in hopes that it will not only bring optimism to those homeowners and borrowers in distress but also some basic information to assist in fighting the banks that are "too big to fail" like Bank of America and Citi but yet don't appreciate the bailout that we provided in their time of need. The debt collectors like Ocwen and Nationstar are simply just scumbags but they can be beat at their own game too just like the big banks can be defeated.
We are committed to answering consumer complaints and addressing everyday credit and debt issues on THE DEBT SHOW!
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Guest: Dr Ileana Johnson, author & economist. We will discuss the ObamaCare "exceptions" and the debt ceiling debate this month.
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Join your host, Managing Editor William Kern, as we examine universal global criticism of Washington's latest debacle over the debt ceiling, Britain's renewed assault on The Guardian for its coverage of NSA mass surveillance and other developments on the issue of espionage - including Russian plans to monitor fans and athletes at the 2014 Winter Olympics at Sochi, and Canadian spying on Brazil. Also - news from Algeria that al-Qaeda leader Abu Anas al-Liby, who was captured in Tripoli by US Navy seals last week, may have been a CIA double agent.
Worldmeets.US is a non-profit media project aimed at better educating the American people and creating relationships between Americans and people from other nations.
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