These Are The Colleges That Will Be Screwed When The Student Loan Bubble Pops
• http://www.businessinsider.comVery few topics have received as much attention here at Sense on Cents as the student loan/debt bubble.
Contents Pages by Subject
Economy - Economics USA
At ''bridge to nowhere,'' Romney slams Obama on economy
• http://www.reuters.com, By Steve HollandRepublican presidential candidate Mitt Romney returned to his economic message on Friday, highlighting a "bridge to nowhere" rebuilt by stimulus money and warning the U.S. economy could suffer a fiscal crisis like California's if he is not elected in
Food Stamps and the $41 Cake
Menckens GhostHow did this great nation travel from the common sense of our grandparents to where we are today?
To Tax the Rich, or Not to Tax the Rich . . .
• Nick HanauerIs that THUH question?! How about taxing nobody at all? That sounds even better. Ron Paul has the best idea. Be that as it may, some good points (to be placed somewhere between at least plausible and completely absolutely valid) about "the econo
The Elite Are Digging Their Own Grave
• www.prisonplanet.comAlex welcomes long-time returning guest and contributing writer Dr. Paul Craig Roberts to discuss the impact of the Euro’s instability on world markets amidst looming fears of Greece’s departure.
Greek on The Brink: Economic Collapse Inevitable
• www.prisonplanet.comThe bank runs that we are watching right now in Greece are shocking, but they are only just the beginning. Since May 6th, nearly one billion dollars has been withdrawn from Greek banks.
Austerity Arrives in Califoria: 'You Name It, We've Got To Cut It,' says Governor
• http://www.commondreams.org, Common Dreams staff rDemocractic Governor Jerry Brown has proposed $8.3 billion in cuts to the California budget across education, health care and welfare programs in a plan he says could help close the state's near $16 billion shortfall.
Documents Show that Goldman Sachs Engaged in Naked Short Selling
• Rolling StoneIt doesn't happen often, but sometimes, God smiles on us. Last week, he smiled on investigative reporters everywhere, when the lawyers for Goldman Sachs slipped on one whopper of a legal banana peel, inadvertently delivering some of the banks' darke
CHART OF THE DAY: Goldman Shows What Happens If We Fly Off The Fiscal Cliff
• www.businessinsider.comThe worst case scenario: If everything expires, and we runs straight off the fiscal cliff, a hit of about 4% to GDP.
The Peaceful 3% Solution? It's Time to Stand on the Green!
Written By:As a former We The People (WTP) groupie, I have watched in amazement as this organization has slid down the slippery slope into the hallowed hall of has-beens. For the better part of ten years, Bob Schulz and his brave band challenge
Read Letter
Unemployment numbers Scam
• arcleinSince 2010, and directly coinciding with the time millions of Americans used up their 99 weeks of unemployment insurance, disability claims have risen by 2.2 million. And precisely like Americans who have given up looking for work, those receiving di
This Weekend on LewRockwell.com - Sunday May 13th 2012
• LewRockwell.comBe of Good Cheer: the Keynesian Welfare State Is Doomed - More College, More Debt, More Unemployment - It's Just as Critical as Your Bug-Out Bag - 2 Reliable, Time-Tested Rifles, Arm yourself for the Zombie Apocalypse
Shortfall in California’s Budget Swells to $16 Billion
• www.nytimes.comGov. Jerry Brown, disclosing the development in a video posted on YouTube, said that California’s shortfall was now projected to be $16 billion, up from $9.2 billion in January.
JPMorgan loses $2bn in hedging 'error'
• http://www.aljazeera.com, AgenciesInvestment bank blames "sloppiness and bad judgment" as loss wipes seven per cent off stocks in after-hours trading.
Retired general named receiver for Harrisburg, Penn
• ReutersPennsylvania Governor Corbett named a retired Air Force Major General who led the state's military affairs department as the receiver for Harrisburg, the state's debt-laden capital. This follows the unexpected resignation of
American craft brewing exports grow 86%
• www.realbeer.comThe Brewers Association reports record exports of American craft beer in 2011. American craft breweries exported more than 110,000 barrels of beer in 2011, valued at an estimated $23.4 million — an increase of 86% by volume and 97% by dollars over 20
Craft brewing biz pours $446 million into Colorado Economy
• www.bizjournals.comColorado’s craft brewing industry produces an annual economic impact of $446 million, according to a study released Tuesday that is the first that attempts to quantify what the growing industry sector means to the people within the state.
JPMorgan Hit by ‘Egregious’ Trading Loss of $2 Billion
• CNBCJPMorgan Chase, the biggest U.S. bank by assets, said it suffered a trading loss of at least $2 billion from a failed hedging strategy, a shock disclosure that hit financial stocks and the reputation of the bank and its CEO, Jamie Dimon.
Avoiding the Next Big Bailout
• Wall Street JournalWhen the next crisis brings a major financial firm to its knees, U.S. regulators will seize the parent company but allow its units around the globe to keep operating while the mess is cleaned up, according to a planned announcement Thursday from the
GDP Growth: The Civic Duty of Every US Consumer
• http://dailyreckoning.com, By Bill BonnerNo panic on Wall Street — yet. Gold still over $1,600.
Will Uncle Sam Takeover Your IRA?
• www.silverbearcafe.comThose engaged in massive strategic maneuvers know all too well that progress is typically made not in one fell swoop but painstakingly inch by inch.
A Rebellious World or a New Dark Age? On the History of the US Economy in Decline
• http://www.commondreams.org, by Noam ChomskyThe Occupy movement has been an extremely exciting development. Unprecedented, in fact.
Lessons from the Paul vs. Paul Debate
• Vedran VukRecently, Texas Congressman and Republican Presidential Candidate Ron Paul debated Nobel Prize winning economist Paul Krugman. Vedran Vuk of Casey Research breaks down the debate in this insightful article from LewRockwell.com. Ron Paul schools Krugm
You'll Be Afraid Of Older Generations After You See These Charts
• www.businessinsider.comConcerns about entitlements have formed the center of debates on the sustainability of U.S. public debt. and this charts show just why.
TREASURY: Here's The True State Of The Economy Right Now
• www.businessinsider.comThe US Treasury department has put out a new presentation on the state of the economy. It's fairly non-biased in its assessment of things.
Gold, Money, and the Parable of the Three Little Pigs
• lewrockwell.comThe end of America's current monetary system is certain, and it is approaching fast. The only question is what will replace it?
More Americans Stashing Cash in Home Safes
• www.smartmoney.comIn a Gallup poll last year, a record-high 36 percent of Americans said they had "very little" or "no" confidence in U.S. banks. (In 2008 and 2009, when the financial crisis was peaking, that figure stood at 22 and 29 percent, respectively.)
10 Things You Need To Know Before The Opening Bell
• http://www.businessinsider.com, Eric PlattGood morning. Here's what you need to know.
No Economic Recovery in the US
• http://www.globalresearch.ca, by Bob ChapmanReal estate investors competing to buy Manhattan apartment buildings have sent prices to record highs as rental demand surges, reducing yields on the properties to the lowest in more than six years.
5 New Lies That The Federal Reserve Is Telling The American People
• theeconomiccollapseblog.comThe Federal Reserve says that everything is going to be okay. The Fed says that unemployment is going to go down, inflation is going to remain low and economic growth is going to steadily increase. Do you believe them this time?
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