Archive for July, 2011


Debt Ceiling Deadline Keeps Moving

<img class="alignleft size-full wp-image-795" title="5624390388_61564ebba9_m" src="http://americanmonetaryassociation.org/wp-content/uploads/2011/07/5624390388_61564ebba9_m.jpg" alt="" width="199" height="240" />No one at the <a href="http://americanmonetaryassociation.org">American Monetary Association</a> is silly enough to claim that the whole idea of a debt ceiling deadline is a mirage. Of course it's not. At some point the politicians in Washington are going to have to agree to serious budget cuts or the entire country faces the prospect of not being able to pay our financial obligations. But is August 2 the REAL final drop dead date as the Democrats led by President Obama and Senator Harry Reid like to keep saying?

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AMA

The 10 Most Fiscally Irresponsible States

&lt;img class=&quot;alignleft size-full wp-image-792&quot; title=&quot;2345895971_e8cd13e980_m&quot; src=&quot;http://americanmonetaryassociation.org/wp-content/uploads/2011/07/2345895971_e8cd13e980_m.jpg&quot; alt=&quot;&quot; width=&quot;240&quot; height=&quot;160&quot; /&gt;Sometimes the best way to get someone to change a bad habit is by exposing them publicly. Well, when it comes to fiscal irresponsibility, the federal government wins, hands down. No single state in the union can hold a candle to Uncle Sam&#039;s raging, decades-long &lt;a href=&quot;http://www.brillig.com/debt_clock/&quot; target=&quot;_blank&quot;&gt;spendathon&lt;/a&gt;. But there are ten states that have distinguished themselves from the pack via the means of their citizens racking up a tremendous amount of debt. The following list comes to us courtesy of &lt;a href=&quot;http://moneywatch.bnet.com/saving-money/blog/devil-details/debt-in-america-most-least-indebted-states/4899/&quot; target=&quot;_blank&quot;&gt;Moneywatch&lt;/a&gt;.

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AMA

Why Home Ownership in America is Declining

Did Americans wake up in 2011 and suddenly decide that owning your own home was so 20th century? We're pretty sure not. At American Monetary Association, we have a good idea that the average citizen still thinks home ownership is a pretty cool thing. Why the decline then? Why does a recent study by the […]

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