As even Oliver Stone showed in his movie, we borrowed all that money and thought the housing boom would never end.
Hence, the only problem we have with entitlements is paying back the money that we borrowed from the Social Security and Medicare trust funds.
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There is a limit to our borrowing capacity, and if we continue to cover 40 percent of the federal budget with borrowed money, we will soon experience that limit.
Finally, what is the real cost of raising taxes to repay the money we borrowed?
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And since this money represents borrowed money, we also pay interest on it.
Out of that 900 of borrowed money, we swap 400 for equity.
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When I reflect on why we were able to grow a company without investors or borrowed money, I know that it was not because we were so much smarter or harder working.
"We turned to family and borrowed the money, " he said.
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One wondered what he had in mind when he borrowed that money and now we know.
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So we have to ask ourselves, where has all of that borrowed money gone?
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We cannot continue to spend with more than 35% of funds coming from borrowed money.
OK, so we all know what the Greek debt crisis is really about: Greece borrowed more money than they can pay back.
It is also money the country has already borrowed by issuing bonds and treasury bills to pay for programs we have funded in the past.
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