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Very few topics have received as much attention here at Sense on Cents as the student loan/debt bubble.
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Republican 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
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How did this great nation travel from the common sense of our grandparents to where we are today?
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Is 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
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Alex 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.
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The 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 Since May 6th, nearly one billion dollars has been withdrawn from Greek banks.
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Democractic 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.
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It 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
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The worst case scenario: If everything expires, and we runs straight off the fiscal cliff, a hit of about 4% to GDP.
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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
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Since 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
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Be 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
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Gov. 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.
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Investment bank blames "sloppiness and bad judgment" as loss wipes seven per cent off stocks in after-hours trading.
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Pennsylvania 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
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The 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
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Colorado’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.
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JPMorgan 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.
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When 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
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No panic on Wall Street — yet. Gold still over $1,600.
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Those engaged in massive strategic maneuvers know all too well that progress is typically made not in one fell swoop but painstakingly inch by inch.
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The Occupy movement has been an extremely exciting development. Unprecedented, in fact.
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Recently, 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
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Concerns about entitlements have formed the center of debates on the sustainability of U.S. public debt. and this charts show just why.
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The 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.
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The end of America's current monetary system is certain, and it is approaching fast. The only question is what will replace it?
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In 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.)
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Good morning. Here's what you need to know.
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Real 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.
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The 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?
