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ToledoBlade.com
2/3/10
"Starting with the class of 2014, students...will be required to take a semester-long financial literacy class before graduating."
Wall Street Journal
2/1/10
Deficit to Hit All-Time High
"The deficit is forecast to stabilize...before beginning to rise again, according to the White House projections. The projected rise is due to the retirement of the baby boomers which is expected to result in increased spending on Medicare and Social Security."
U.S. News
1/29/10
Obama creates financial literacy council
"U.S. President Barack Obama signed an executive order Friday creating an Advisory Council on Financial Capacity to help improve Americans' financial literacy."
The New York Times
1/29/10
Senate Democrats Vote To Raise Debt Ceiling
"The Senate voted on Thursday to raise the nation's debt limit to $14.3 trillion, a $1.9 trillion increase that would allow the government to keep borrowing...beyond the November elections and into early next year."
The New York Times
1/27/10
Obama, On Own, To Set Up Panel On Nation's Debt
"The issue will be a major theme of Mr. Obama's nationally televised speech Wednesday night, as he seeks to respond to the public's concern about the budget deficit."
The White House
1/23/10
Statement By The President On A Statutory Fiscal Commission
"The serious fiscal situation that our country faces...trillions of dollars in deficits...The only way to solve our long-term fiscal challenge is to solve it together--Democrats and Republicans."
The New York Times
1/17/10
Bernanke And the Beast
"To be sure, we have large budget deficits and ample money growth...Such a large deficit was unimaginable just a few years ago."
The Washington Post
1/15/10
What Karl Rove got wrong on the U.S. Deficit
"At the same time, we also recognize that we need to address the long legacy of overspending in Washington."
Forbes.com
1/13/10
America's Financial Illiteracy
"That suggests that the most important role for a Consumer Financial Protection Agency may be to increase the public's financial literacy."
The New York Times
1/13/10
Talks to Begin on Creating a Bipartisan Budget Panel
"The administration, once cool...has been forced to become more supportive because the Senate must vote next week on raising the nation's debt limit so the government can...pay for its operations..."
CNBC
1/11/10
Dollar Crisis Looms if US Doesn't Curb Deficit : Experts
"The national debt has risen above 50 percent of GDP (gross domestic product)...and within 20 years will blow past a previous record above 100 percent of GDP..."
Roger Altman, Former US Deputy Treasury Secretary
1/11/10
"I think the Administration is going to pivot towards deficit reduction right after the State of the Union."
UncommonWisdomDaily.Com
1/11/10
Bernanke Bullion, Revisited...
The primary cause of gold's surge is fundamental and long-lasting...The eventual recognition that Washington is financially broke beyond repair...the growing loss of confidence in governments, here and across the globe..."
CNBC
1/6/10
Senator Kent Conrad and Bipartisan Fiscal Tax Force
"...longer-term, it is absolutely imperative that we put this country back on a sounder footing."
RealClearMarkets.Com
12/31/09
Budget Deficits Have Consequences
"Unlimited federal spending means...America will become a less attractive place to invest, a less attractive place to work, a less attractive place for economic activity."
The Washington Post
12/18/09
Calling On Congress to Stop the Debt Tsunami
"The United States, they unanimously said, is facing a 'debt driven crisis--something previously viewed as almost unfathomable in the world's largest economy.'"
Newsweek
12/7/09
How Great Powers Fall
"Call the United States what you like--superpower, hegemon, or empire--but its ability to manage its finances is closely tied to its ability to remain the predominant global military power."
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Financial Advisor
1/28/10
Advisors Tout Financial Literacy
"By increasing financial literacy, more consumers are aware of the role financial advisors play in helping people manage their money."
CNBC
Senator Paul Kanjorski
1/25/10
"We haven't had our fiscal house in order in a goodly number of years...Let's stop talking about parties...Let's talk about what can be done."
Executive Office of the President
1/20/10
H.J.Res.45--Increasing the Statutory Limit on the Public Debt
"The Administration strongly supports passage of an increase in the public debt limit. Such an increase is critically important to make sure that financing of Federal Government operations can continue without interruption and that the creditworthiness of the United States is not called into question."
Barron's
1/18/10
Charitable Contribution
"But the aging of the baby boom generation...will drive federal spending on Medicare, Medicaid and Social Security up by 10% of GDP per year by 2040...If we borrow to finance the retirment of 80 million people...Americans will contract a debt vastly more burdensome than the debt for World War II."
Wall Street Journal
1/8/10
Big Deficits Cloud Britain's Future
"Even as Britain recovers from recession, it faces one of the largest budget deficits in the world at more than 12.5% of gross deomestic product."
SKY NEWS
England
1/3/10
Children To Get Lessons in Personal Finance
"School Secretary Ed Bells said: 'It's vital that all young people leave school with a basic understanding of how to manage their money sensibly.'"
National Financial Capability Challenge
for High School Students
US Secretary of Education Duncan
US Secretary of Treasury Geithner
March 15-April 2, 2010
www.challenge.treas.gov
Financial Literacy and Healthcare
PriceDoc.com zipcode search and negotiate prices for health care
HealthcareBlueBook.com zipcode search and "fair" price range for health care treatments
OutofPocket.com user provided prices to determine "going rate" for health care
MyPyramid.gov Diet Guidelines for Health
Meet Your Match Career Fair at GWU
November 2009
Bozzuto Management Company bozzuto.com Deloitte deloitte.com Energy Information Administration eia.doe.gov US Dept. of Defense defense.gov, M&T Bank mtb.com Prudential prudential.com RBCWealth rbcwealthmanagement.com
GWU School Without Walls
Finance Club
2010
facebook
FinLitTV Group and iPhone App
Nayla Atallah says,
"The new iPhone FinLitTV app is a great way to test one's knowledge about issues relevant to us...It is both fun and educational!"
Did you know?
The Social Safety Jump
Yahoo! Finance
1/21/10
8 Possible Social Security Benefit Changes
"Social Security is moving towards its day of reckoning. And while the national upheaval might not be the train wreck that health reform has become, it will be a big, big deal."
What young workers should know about Social Security and saving*
"Since Social Security will replace part of your lost earnings, your savings and investments play an important role in ensuring adequate income for you and your family." *
* Social Security Administration Pamphlet
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