Debt Reduction- Advice On Credit Card Debt Reduction, Debt Reduction Services, And Debt Reduction Plans

wustlpa asked:

The latest study on the psychology of debt management from Cynthia Cryder, PhD, assistant professor of marketing at Olin Business School, found that consumers do not always prioritize interest rate, or APR, when paying down debt. Instead they prioritize closing accounts.

Cecelia Mcfeeters

panhandlepatriots asked:

Check out this video of Marco Rubio fighting for debt reduction. Nobody running for President right now articulates the conservative message better than the Junior Senator from Florida.

Sylvia

TednGilbertAZ asked:

Neil Cavuto interviewing Mark Tapscott of the Washington Examiner regarding the Debt Celing fiasco-created bi-partisan ‘supercommittee’ on the contributions made bi lobbyists.

Dominica Screws

Hale asked:


National Commission on Fiscal Responsibility and Reform – “President Obama created the bipartisan National Commission on Fiscal Responsibility and Reform to address our nation’s fiscal challenges”

The Simpson Bowles commission presented Congress with logical, necessary but drastic cuts that should be used as a guideline for the current dilemma.

If congress and the American people haven’t the guts to tackle these proposals why should the American people think that the problem will be solved before we become Greece economically?

We will get what we deserve.

http://www.fiscalcommission.gov/about

Tameika Papallo

Aksel asked:


I don’t get it. Why would the people trying to reduce the debt be responsible for S&P doubting that we’ll ever pay it off? We won’t, and you all know that.

“S&P said it may lower the long-term rating to AA within the next two years if spending reductions are lower than agreed to, interest rates rise or “new fiscal pressures” during the period result in higher general government debt.”

http://www.bloomberg.com/news/2011-08-06/u-s-credit-rating-cut-by-s-p-for-first-time-on-deficit-reduction-accord.html

Sound like the Tea Party’s fault to you? If it does, please take up kindergarten.

You can say “Oh well we need to raise taxes”, but that won’t help. That leads to laying off employees and decreases in spending, both of which hurt the debt more than lower taxes. Besides, the Bush-Obama tax cuts on the richest Americans would only bring in $800 billion over ten years, and that’s the OPTIMISTIC side of it (as in, not taking indirect consequences into consideration).

http://articles.cnn.com/2011-04-21/opinion/cain.obama.honesty_1_health-care-fairy-tale-catwoman/2?_s=PM:OPINION

Also, did anyone think it was funny that the Obama administration tried to convince S&P that their numbers were wrong? I just think it’s funny that they think the company took the idea of a downgrade so lightly as to make a mistake which would change their minds whether or not they downgrade us.
@ Senior Killer: Thanks! Mature response!
“Say something that goes against my ideology and can’t think of a comeback? Well you’re dumb!”
@Lordfrig: “The Tea Baggers could have had 4 trillion in cuts if they went with Obama’s plan. They chose not to and that is why we got downgraded.”
Yea. Obama’s bill went down 98-0 in the Senate because it was fucking ridiculous. Blame the Tea Party for that? Nice try. They’re all in the House of Reps, anyway.
“Time to reread the article, this time try to comprehend what you are reading.”
Okay. I did. Thanks. You’re right. What we SHOULD have done is…well. Well I reread it and I still came up with the same conclusion…I guess I’ll just try the typical liberal tactic of using a well thought out argument to overcome my opponent: “FOX NEWS FOX NEWS SARA PALIN! YOUR A LIAR YOUR DUM!”
@Reiji: ….they just did….
@Last True Phallus of Scatland: Very true. Tea Partiers want to cut the debt because of their ideology. Not because they were afraid that THIS would happen.

Also, Reiji, sorry, I misread what you wrote.
@Ry Guy: No we don’t…the Senate Democrats refused to consider any Republican plans for the debt and repeatedly threatened to table (veto for Obama) anything they proposed.

Btw: Can I have $3,000? No? $2,300? No? $2,000? No? $1,999? No? Sounds like you’re the person of no!
Hint: If you don’t get how this applies, then I’m sorry. It means that you disagree with the idea of giving me money, so you won’t. Sometimes compromise isn’t an option when you’re opponent is asking for such ridiculous things.

Broderick Lavadie

. asked:


We are currently accumulating $3 million of new DEBT every minute. If you work, from the moment you set foot in your office to when you leave, the country will have accumulated $1.4 BILLION in new debt. There cannot be enough money generated in this country under current confiscatory regulatory conditions to pay for this level of spending.

The numbers currently being discussed – $1 trillion over 10 years – are NOTHING. A drop of water in the ocean. A grain of sand in the desert.

Buckle up, America.

Shasta Hutnak

UFXMarkets asked:

For Forex news & info, visit www.ufxmarkets.com… The dollar strengthened against most of the major currencies as risk aversion intensified and with stocks extending the slide. The debt-limit compromise passed by Congress and signed by President Obama leaves the US at further risk of a reduction in its top credit rating if politicians don’t reduce the deficit.

Sang Sagun

TomKellyShow asked:

The Debt Ceiling Limit deadline is coming. Republicans and Democrats can’t find a middle ground. There is only one person who can solve America’s debt ceiling issue: Suze Orman. Tom Kelly explains how Suze Orman’s wisdom from “The Suze Orman Show” could solve America’s problems. Please check out more of my video thoughts on News, Politics , Popculture and life at: The Tom Kelly Show .com

Maragret Sappenfield

SenateDemocrats asked:

Senate Democrats speak to reporters on Tuesday afternoon, following the passage of a compromise bill to raise the federal debt limit. The Senate approved the legislation, in time to avoid defaulting on the nation’s debt.

Junior Ran

Obama 1 Billion asked:


Obama will get a deal or it will appear as if Republicans were blocking all progress on long term deficit reduction while protecting loopholes for the wealthy and trying to cut medicare completely.

Chuck