Jun 29 2013

The most delinquent loan of them all: Student debt delinquencies at record levels on the eve of rates doubling. Half of college graduates working in jobs where their degree is not required.

If the news for college graduates couldn’t get any better.  Our woefully motivated millionaire Congress is unable to figure out what is necessary to stop the doubling of interest rates on student debt.  While the Fed can turn on a dime to rectify zero percent interest rates for member banks, trying to help the youth […]

Jun 26 2013

Paycheck to paycheck and food stamp to food stamp: Study finds 3 out of 4 Americans are one financial emergency away from being out on the street.

The latest food stamp usage data was released with very little attention from the media.  47.7 million Americans are on food assistance spanning a record 23.1 million families.  Americans on food stamps reflects deep structural issues in the way our economy employs our population.  The recovery in many parts of the US is anything but.  […]

Jun 23 2013

The banking system’s methodical way of punishing savers: How punishing savers is encouraging a low savings rate and high levels of debt.

Would you be motivated to save money if your rate of return was 0 percent?  That is the situation facing many Americans looking to put their hard earned dollars into the current banking system.  Underlying the zero percent stated rate however is the reality that the real rate is closer to negative three percent given […]

Jun 20 2013

The Fed has built a financial pyramid based on unsustainable low rates. How the Fed is running out of economic curtains to hide behind when it comes to monetary policy.

The markets are pulling back dramatically because the Fed sneezed.  The Fed essentially said they would begin tapering off their experiments in quantitative easing by pulling back their bond purchases from $85 billion a month to $65 billion.  That is it.  Not a shocking revelation.  So why then are the markets plunging on this news?  […]

Jun 17 2013

Has inflation fueled the two income household trap in the US? How inflation has eroded the purchasing power of the working and middle class.

Inflation in the United States is largely seen as a built in part of our economy.  People take it for granted as if this was simply the order of things.  Yet our central banking system has inflated our debt based financial system and subsequently, the value of money has eroded.  For example, most items that […]

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