The deficit- hold onto your hats, that sucking sound is your grandkids future going down the drain!

In all matters FISCAL there needs to be transparency and no deficit spending.

Who do you think is buying up all those treasury bonds that are being created to pay for the deficit?

It seems that they are fed up with the reckless spending and massive deficits and they are going to play hardball.

Unemployment is at an all time low.There are more jobs available that people to fill them.The stock market is at an all time high (some say due for a correction)Our Country is combating the trade deficit, which will further strengthen our economy and country.It is still a sellers market and if you buy right and there is a bubble you should be relatively safe.Banks aren't likely to call loans for a rescission if we were to have one.People will always need a place to live.

I think I at least have a small capital loss on the deficit to principal but perhaps a larger capital loss if I can write off the agreed interest income that I didn't receive?? 

There are companies that provide opinions as to the deficit or surplus in a condos reserve account, and also will forecast any anticipated assessments or increase in fees.

If you rent your property out for $1700 a month for 6 months, with an $1800 a month mortgage, you will be at a $600 deficit by the end of that period. 2.

Each percentage point in interest rates the Federal government pays on its debt means over $100-200 billion added to each and every year's deficit.    

As a lender/seller he would have a very sensitive issue pursuing a deficit judgement given the current number of cases involving predatory lenders.