The Student Loan Bubble
Article By:
James Quinn
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Saturday, March 22, 2014 7:13 PM EDT
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered...The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)
Feeding Piketty’s Capital Monster
Article By:
Angry Bear
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Saturday, March 22, 2014 6:47 PM EDT
Piketty describes the growing power of capital income as “patrimonial capitalism”, where an elite gain control through inheritance and gained favor.
The Real Truth About ObamaCare
Article By:
Robert Reich
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Saturday, March 22, 2014 6:42 PM EDT
Despite the worst roll-out conceivable, the Affordable Care Act seems to be working.
Krugman Monetary Policy And Models
Article By:
Angry Bear
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Friday, March 21, 2014 6:21 PM EDT
Paul Krugman recently wrote two blog posts on monetary policy in a liquidity trap.
The Fallen Middle Class – You Could Be Next
Article By:
Michael Snyder
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Thursday, March 20, 2014 8:41 PM EDT
There are millions of American families that once lived very comfortable middle class lifestyles but have now have lost it all. Who will be next?
Gold Daily And Silver Weekly Charts - Bucket Shops
Article By:
Jesses-Cafe-Americain
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Thursday, March 20, 2014 4:54 PM EDT
You may wish to keep what Ted Butler has said in mind.
I find it difficult to understand how so many otherwise intelligent people are willing to blind themselves to what is going on.
The Honeymoon Is Over: Ukraine To Stun Citizens With 40% Gas Price Hike
Article By:
Tyler Durden
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Thursday, March 20, 2014 4:35 PM EDT
Ukraine expects to increase domestic gas prices by 40% once discounted import prices from Russia expire, the country’s Energy Minister Yury Prodan told journalists in the European Parliament on Thursday.
Seven Of Тhe Biggest Problems With The New IOS 7.1 Update
Article By:
Inneractive
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Thursday, March 20, 2014 8:11 AM EDT
The iOS 7.1 update has proven to be quite disastrous. And it just doesn’t make sense to me because Apple doesn’t have a record of releasing software that simply doesn’t work. Sure, previous versions may have had a few minor bugs here and there. But iOS 7.1? Just too many!
In this article: AAPL
Student Debt Is Challenging The Reason For Getting That Long Sought After College Degree
Article By:
Angry Bear
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Wednesday, March 19, 2014 1:55 PM EDT
What has changed for many of the college educated is finding themselves in debt longer than their parents were after college, being penalized for having student debt when going to buy homes, cars, etc., and in the end having less wealth and a lower salary when compared to those without a college education.
28-Year Old Former JPMorgan Banker Jumps To His Death, Latest In Series Of Recent Suicides
Article By:
Tyler Durden
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Tuesday, March 18, 2014 2:11 PM EDT
Not a week seems to pass without some banker or trader committing suicide. Today we get news of the latest such tragic event with news that 28-year old Kenneth Bellando, a former JPMorgan banker, current employee of Levy Capital, and brother of a top chief investment officer of JPM, jumped to his death from his 6th floor East Side apartment on March 12.
Gold Daily And Silver Weekly Charts - Must Be An FOMC Week
Article By:
Jesses-Cafe-Americain
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Monday, March 17, 2014 5:19 PM EDT
The jitters went by the wayside as the markets took a big snort of economic news this morning and rallied higher, in what was clearly a 'risk on' trade.
Doug Casey’s 9 Secrets For Successful Speculation
Article By:
Casey Research
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Monday, March 17, 2014 12:25 PM EDT
When I started working for Doug Casey almost 10 years ago, I probably knew as much about investing as the average Joe, but I now know that I knew absolutely nothing then about successful speculation.
The Tanks Are Coming While Russia, US "Remain At Odds" Over Ukraine
Article By:
Tyler Durden
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Friday, March 14, 2014 4:25 PM EDT
With Interfax reporting that Belarus has begun full-scale military drills in a "readiness check", images from Russia and Ukraine suggest the worst-case scenario - that Russia is making preparations to invade Ukraine, not just Crimea but perhaps as far west as Kharkiv, or even beyond - is more possible.