The United States of Bankruptcy
By Bill GlynnAmerica is financially, spiritually, morally and politically BANKRUPT. A scathing verdict on the state of this union and 20 things we should do to save our way of life.
"If the united states was a company the board of directors and management team would all be fired and probably in jail."
Monthly Archives: July 2010
By Bill Glynn | Published: July 26, 2010
Timothy Geithner continues to speak out about the expiration of the Bush tax credits. Alan Greenspan does, too. But even Ben Bernanke encouraged Congress to continue the cuts to support an already very fragile economy. You see, when you do away with the tax breaks for the “rich” (those making more than $250K a year) [...]
By Bill Glynn | Published: July 20, 2010
Armchair quarterbacking aside, Americans are more concerned than ever with the state of our economy. Everyone seems to have an opinion, but few offer real solutions. My new book, “The United States of Bankruptcy” does, however, offer a plan that can save the economy right away. First of all, I have mentioned Freddie and Fannie in [...]
The Fact is Consumers’ Credit is a Disaster! ..Therefore, Financial Reform, Consumption & Recovery Will Be, Too
By Bill Glynn | Published: July 13, 2010
What can the government do right now without spending any money and buying hoards of bad debt? 43 MILLION Americans are in credit jail. These are people with a credit score lower than 600 and considered credit unworthy today; and I assure you, with financial reform, they are not getting bail for a long, long time. [...]
By Bill Glynn | Published: July 4, 2010
My Crystal Ball for 2010 and beyond The future doesn’t just appear to be bleak it is! While the numbers are up and down (mostly down) and despite rhetoric and pandering the country is not heading in the right direction and the “Double Dip” is coming because of the policies our leaders are implementing. The Dip [...]