Free Republic 3rd Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $21,322
24%  
Woo hoo!! And the first 24% is in!! Thank you all very much!!

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  • U.S. debt load falling at fastest pace since 1950s

    09/30/2012 1:40:43 PM PDT · by sopwith · 58 replies
    market watch ^ | June 8, 2012, | Rex Nutting
    WASHINGTON (MarketWatch) ó Everyone knows America has too much debt. What they donít know is that things are getting better, not worse. Little by little, our economy is reducing its debt burden, slowly repairing the damage caused by 10, 20 or 30 years of excess. If you want to know why economic growth has been so tepid, hereís your answer. Four years after the storm hit, the economy is still deleveraging. And itís very hard for any economy to grow when everyone is focused on increasing their savings.