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US Gov’t Profited $51 Billion Off Student Loans, Bigger Than Any Fortune 500 Company
The majority of Americans view education as the key to a lucrative career and a comfortable lifestyle, but the constant indebtedness of student borrowers has become a looming financial crisis, which Washington fears
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Is China Already The World’s Largest ‘Owner’ As Opposed To ‘Holder’ Of Gold?
For decades many of us in the hard money world have speculated that cloak and dagger activity by large financial interests has played a large role in determining performance in the gold market. The
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Homeless People Are Reportedly Living Inside The Manhattan Bridge
The homelessness epidemic in NYC reached new highs last year, with HUD reporting that 64,060 people were living in emergency shelters, transitional housing, in abandoned buildings and on the streets. While the national rate
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You Can’t Eat Gold… But It’s Portable, Easy To Trade and Confiscation-Proof
If you need cooking oil you have to exchange it for gold. If you need soap you have to exchange it for gold. Everything is gold, gold, gold…
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73% of today’s students will still be paying off their tuition fees in their 50s
Three out of four of today’s students will reach their 50s still owing debts from university of around £30,000, according to a major study published today. The study, carried out by the Institute for Fiscal
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Shocking Facts About The Deindustrialization Of America That Everyone Should Know
How long can America continue to burn up wealth? How long can this nation continue to consume far more wealth than it produces? The trade deficit is one of the biggest reasons
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Student loan debts top $1 trln in US
The student loan industry is booming, saddling over 37 million college students and graduates with $1.08 trillion in loans in 2013, even as President Barack Obama and lawmakers work to rein in the crippling
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Russia Returns Favor, Sees Chinese Yuan As World Reserve Currency
Following China's unwillingness to vote against Russia at the UN and yesterday's news that China will sue Ukraine for $3bn loan repayment, it seems Russia is returning the favor. Speaking at the Chinese Economic
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World War 3: The Crimean Crisis – Ukraine, Russia, the European Union and the United States
Stefan Molyneux speaks with Dr. Paul Craig Roberts on the crisis in the Crimea , the showdown with Vladimir Putin , the political situation in Ukraine and growth … source
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Prepare For Perfect Storm As Global Collapse Nears
“Our Western partners headed by the United States prefer not to be guided by international law in their practical policies, but by the rule of the gun. They have come to believe in their
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19 Signs That The U.S. Consumer Is Tapped Out
You can't get blood out of a rock. Traditionally the United States has had a consumer-driven economy, but now years of declining incomes and rising debts are really starting to catch up with us.
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South Carolina City Implements Law Requiring $120 Permit To Feed The Homeless
Gandhi famously noted that: The greatness of a society and its moral progress can be judged by the way it treats its animals. I would agree with that, as well as the
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The Road to World War 3: Ukraine, Russia and American Imperialism
Stefan Molyneux speaks with Dr. Paul Craig Roberts on the violent protests in Ukraine , the evidence that the United States is fueling the conflict with taxpayers … source
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Is Obama Using Your Tax Dollars To Fund Democrats?
Barack Obama has become known as the president who ignores the law and does what he pleases. There are many examples, but the latest is the reboot of the White House Office of Political
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19 Numbers Which Prove That Americans Are Angrier And More Frustrated Than Ever
Have you noticed that people are becoming angrier? You can see it everywhere – in our homes, in our schools, in our workplaces, in our television shows, in our movies, and certainly in
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The Higher Education Bubble: Student Debts and the Bankers’ New Socially Engineered Trap
According to latest figures from the Nationwide Bureau of Statistics, there is only one job opening for every five college graduate student candidates in America today. In the last 15 years, educational costs in
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The Decline Of The US…And Everyone Else
The world political economy is a mosaic of cross currents: Domestic decay and elite enrichment, new sources for greater profits and deepening political disenchantment, declining living standards for many and extravagant luxury
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China, gold prices & US default threats
In the very days when a deep split in the US Congress threatened a US government debt default, the gold price should normally jump through the roof, yet the opposite was the case. It
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Absent Progressive Uproar, Social Security and Medicare Face Axe
The lines are being drawn for a 'Grand Bargain' and the Democrats' continued willingness to give away role as defenders of safety net and earned benefit programs, say critics, is deeply worrying If U.S. citizens
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Obama to the American People: F@ck Off
truther January 20, 2014 2The American People Were Right: Obama Won’t Rein In the NSA Americans want NSA spying reined in. But a poll from November showed that only 11% of Americans trust Obama to actually do anything to rein
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