Category Archives: Debt and Deficit

To Prosper or NOT to Prosper.com ?


Last year I began an experiment with PROSPER peer to peer lending.    The concept is great – cut out the banking middlemen and middlewomen, delivering higher returns to lenders and more borrowing power to investors.     Years ago … Continue reading

Posted in companies, Debt and Deficit, Economics, internet, investments | Tagged , , , | 2 Comments

USA Debt Rating Downgrade to AA+ is from our failure to cut defense and entitlements


S&P’s decision to downgrade the US debt rating from AAA to AA+ is very unwelcome news but it should not surprise anybody, especially in Washington where neither party has been willing to tackle the deficit or the debt in a … Continue reading

Posted in bailout, china, Debt and Deficit, Democrats, Founders Party, Globalization, india, investments, military, Politics, Poverty and Development, Republicans, US History | Tagged , , , , , , , | 1 Comment