national debt: Government Balance Sheet Part II - 03/02/16 04:02 PM
Yesterday, I wrote about the government balance sheet. You can read that blog post here.
The bottom line is that student loans make up more than 30% of our ASSETS. However, the General Accounting Office (GAO) issues a report card on various governmental agencies.
The Department of Defense, Department of Housing and Urban Development, and the Department of Agriculture are all singled out for their failure to prepare complete and accurate financial statements. This is corroborated by a report published last year stating that the Defense Department has somehow “misplaced” $8.5 trillion of taxpayer money over the last 20 years. WHOA!The GAO cites other material weaknesses in … (1 comments)

national debt: Perspective on Our National Debt - 10/22/14 02:29 PM
The US government’s debt is getting close to reaching another round number - $18 trillion. Our soverign debt currently stands at more than $17.9 trillion. But what does that really mean? It is important to put the number into perspective. It is such an abstract number that it is hard to imagine. Can you genuinely understand it beyond the realization that it is a number with a lot of zeroes after it. Zeroes do not matter, right? 
 
 Just like humans find it really hard to comprehend the vastness of the universe. We know it’s huge, but what does the debt mean? It’s so many times greater than … (3 comments)

 
Paddy Deighan MBA JD PhD, Paddy Deighan J.D. Ph.D (http://www.medicalandspaconsulting.com)

Paddy Deighan MBA JD PhD

Paddy Deighan J.D. Ph.D

Vail, CO

More about me…

http://www.medicalandspaconsulting.com

Address: 770, Potato Patch Dr, Vail, COLORADO, 81657

Office: (877) 557-9669

Mobile: (949) 701-2192

Author Bio: Paddy Deighan earned his Juris Doctorate and PhD Paddy consults with taxpayers in regard to tax liens, tax levies, tax levy, offer in compromise, tax debt, tax settlement

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