They dismiss the offshore ban as a distraction, since it would take a decade or so to get any oil out of the seabed and into cars (although that could be seen as a reason to hurry).

ECONOMIST: Finding more oil has become the first issue of the campaign

This is not a reason to get out of the stock market and move your money into cash.

FORBES: What The Sequester Really Means For Your Finances

When you really look deeply into the numbers, what you see is that a lot of the reason that we have less debt is because people went into bankruptcy and just wiped out the debt.

NPR: All I Want For Christmas: Less Debt?

This problem has already dragged Ireland into an EU-IMF program and Spain is now on the verge of being locked out of the bond market for the same reason.

FORBES: Euro Finance Ministers Head for Beach Amid Utter Confusion