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Solvency is maintained by means of a national debt, on the principle, "If you will not lend me the money, how can I pay you?"
I do have an obligation, however, a debt that cannot be settled by my lyrical decisions. My life will be judged by my obedience, not my ability to confine my lyrics to this box or that.
The biggest reason most people fail is that they try to fix too much at once - join a gym, get out of debt, floss after meals and have thinner thighs in 30 days.
We're heading for a gov. shutdown. This is serious. W/o the gov who will fail to inspect our airplanes? Who will fail to secure our borders? Who will put us 14 trillion dollars in debt?
Energetic action on debt would make a radical difference to the prospects of many of the poorest countries in the world, at no practical cost to creditor countries.
All Americans owe a debt of gratitude to Dr. King for his bravery and commitment to civil rights and nonviolence that changed this nation - and world - for the better.
When I treat other people with kindness and love, it is part of my way of paying my debt to God and the world for the privilege of living on this planet.
We want our children to live in an America that isn't burdened by debt, that isn't weakened by inequality, that isn't threatened by the destructive power of a warming planet.
God's dream is that you have an abundance, that you be totally out of debt, pay your house off, pay your credit cards off, and have so much overflow that you can be a blessing to everyone around you!
The key problem is the debt restructuring in the euro zone. As long as the debt burden is not reduced, there is no chance of the weaker EU countries regaining competitiveness.
Basically, Herman van Rompuy wants the European Union to become a debt union, which may be acceptable to some of the southern countries who are effectively bust. To the northern countries, it is not.
The truth is that the United States doesn't need, and shouldn't have, a debt ceiling. Every other democratic country, with the exception of Denmark, does fine without one.
Every dollar that is printed should not represent a debt to private bankers. It should represent an investment potential in the common good, in the common needs of our country.
To withhold deserved praise lest it should make its object conceited is as dishonest as to withhold payment of a just debt lest your creditor should spend the money badly.