But look where Greece is on the list; 19th at 153% (at 170.5% as of 2009). That’s no where near as bad as Ireland, Iceland, the United Kingdom or the Netherlands. It’s also not much different that Sweden, Germany, France and Spain. And the United States is certainly doing what it can to catch up.

Now the libertarian, Republican has made a big splash in the polls. According to Rasmussen Reports, in a hypothetical match in 2012 between Ron Paul and Barack Obama, they are polling at a virtual dead heat! Barack Obama is at 42% and Ron Paul is at 41%.

I don’t hope for GM to fail, but for some reason, I snickered during this commercial.

Choice quote:

“This is not about going out of business. This is about getting down to business. Because the only chapter we’re focused on, is chapter one.”

As General Motors (GM) inches toward bankruptcy, hear one GM bond holder’s take on the restructuring negotiations. A bond holder is an investor who loans money to a firm or government, and receives recurring interest payments. Bond holders are considered unsecured creditors of a company. In the event of a bankruptcy, bond holders are paid off before stockholders, but not before secured creditors who have claims on specific assets like real estate.