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The United States of Bankruptcy
By Bill Glynn
America 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.
Now $10.95
"If the united states was a company the board of directors and management team would all be fired and probably in jail."
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Author Archives: Bill Glynn
I Would Like 2 Scoops of B.S. With My Recovery, Please!
Recovery? I am really perplexed by the inaction and incompetence in D.C. in even having the gall to claim anything about a recovery whatsoever. THIS IS NOT A RECOVERY! This is a crisis and the mess is far from being cleaned up. After almost $2 trillion has been borrowed, then loaned and spent, the economy [...]
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Finally a Financial Heavyweight Understands My AMERICAN REFINANCE PROGRAM
The headline below says it all. I’m glad that big executives and business leaders have taken hold of what I have been promoting for two years. It’s a really proud moment for me.
PIMCO’s Gross Calls for Massive Mortgage Refinance
(Reuters) – Influential bond investor Bill Gross dispensed more policy advice than the U.S. Treasury [...]
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‘Generation Z’ – for Zero
If you are 18-50, you fall into what I call “Generation Z” – for zero – a generation that will soon be known as “less than zero.” Our social fabric and the American flag have become a tattered piece of burlap. Our judicial elections are bought off with hundreds of millions. The laws of the [...]
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“Summer of Recovery” is more like a Cold Winter
The much-touted “Summer of Recovery” is turning out to be just the opposite. It is clear that our most conservative monetary body is bracing us for more – and continued bad news. When the Fed speaks, the world listens; but when the Fed speaks with a shaky voice, then we had better pay attention. The [...]
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Unemployment Will Go Up and Taxes Will Too
Tax the rich! Off with their heads!
Did I hear right? Timothy Geithner just said that unemployment is going to go up and the Bush tax cut will stay for 95%. I don’t even need to write one more sentence. This is financial discrimination and a death knell for recovery! It couldn’t come at a worse [...]
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Tax The Rich and Lay-Off The Poor!
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) [...]
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An Economic Surge: 2-Step Plan
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 [...]
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The Fact is Consumers’ Credit is a Disaster! ..Therefore, Financial Reform, Consumption & Recovery Will Be, Too
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. [...]
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2 Scoops Please: A DOUBLE DIP
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 [...]
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Japan’s Radioactive Economy: If they get sick or die so do we!