AOC Wants Taxpayers To Pay Off $1.6 Trillion In Student Loans. Imagine Treating Other Debts Like That
‘She got into her dream college, but her dream college offered her no scholarships, just loans,’ Ocasio-Cortez said in a press conference on Capitol Hill, as evidence for why taxpayers should pick up the $250,000 tab.
You’re On The Hook For Trillions In Pension Overpromises, And Divestment Is Making It Worse
U.S. public pension liability is equivalent to $18,300 for every resident. Public pensions can’t afford not to invest in companies that generate impressive growth and profits.
Socialist Lawmakers’ Proposed Cap On Credit Card Interest Is A Tax On Poor People
People who need higher-priced loans—those with the lowest incomes—will be the ones denied access to the credit market by any government-mandated cap.
Post Office Banking Is Just Another Crappy Socialist Idea That Already Failed
Since when have socialists cared about making a private-sector product better or more accessible? Make no mistake: This is about expanding government power.
AOC, Bernie Sanders Want Post Office To Be A ‘Public Option’ For Banking
Given the history of postal banking in America and the decline of the Postal Service since, creating a ‘public option’ would likely require giving the government unfair advantages.
Sen. Joni Ernst Introduces Bill To Expose ‘Billion-Dollar Boondoggles’ Like California High-Speed Rail
The Billion Dollar Boondoggle Act requires a list of every federally funded project that is $1 billion or more over budget or five years or more behind schedule.
Jack Bogle Enriched Middle Americans Through DIY Investing That Outperforms The Professionals
Bogle created index funds in 1975, transforming the world of investing and making it easier for millions of Americans to hold onto their money.
Prudent Money Management Will Make You Feel Better Than Buying A Lottery Ticket
Unfortunately, hordes of reporters don’t much cover the person who saves well and makes a fortune bit-by-bit, as opposed to the lottery winner who wins big through sheer luck.
Why Insider Trading Shouldn’t Be Illegal
What do we gain by having insider trading laws? Have any of the federal securities laws passed since the New Deal done anything to make financial markets any less of an insider’s game?
How To Recover Our Respect For The Finance Industry
Even if one is outraged by the behavior of some bankers, to call every member of the industry a participant in fraud is a profound injustice.
Why It’s Great News That Treasury Is Cutting Crowdfunding Regulations
Many of the new reforms proposed by the Treasury Department aim to reverse bad effects of a 2012 law, freeing entrepreneurs to innovate while still safeguarding potential investors.
Why Amazon Is Buying Up All Those Cryptocurrency URLs
Amazon-watchers have shivered with anticipation as the company bought web domains like amazonbitcoin.com. Is it brand protection? A head fake? Or something else?
Why China Is Secretly Manipulating Currency To Make The Yuan Stronger
China’s move to make the yuan stronger seems to contradict the traditional belief that China has been intentionally making its currency weaker to gain export advantages.
How Increased Banking Regulations Undercut Federal Pretense At Helping Small Businesses
If small businesses really are struggling to get credit, fewer banking options likely makes that struggle more intense. The Consumer Financial Protection Bureau is counterproductive.
Donald Trump’s Effective Tax Rate In 2005 Was Actually 79 Percent, Not 25 Percent
Contrary to media reports about his leaked 2005 tax returns, President Donald Trump’s effective tax rate in 2005 was 79 percent, not 25 percent.
Elizabeth Warren’s ‘Consumer Protection Agency’ Does The Exact Opposite
‘The Small Dollar Lending Rule’ would put massive restrictions on the short-term, high-risk loan industry—an industry that millions of Americans rely on.
Clinton Foundation Spent Less Than 6 Percent On Charitable Grants In 2014
The Clinton Foundation spent barely 6 percent of its budget on charitable grants in 2014, even as its revenues increased 20 percent compared to 2013.
The Millennial’s Six-Step Guide To Financial Independence
If you’re motivated, you can flip your finances from a dismal cycle of paycheck to paycheck to an impressive investment in your present and future.
Does John Oliver Know Anything About Debt Collection?
I have enjoyed ‘Last Week Tonight’ in the past, but now that I see just how twisted the facts get in his segments, I wonder if I can trust them to provide anything but excellent analogies.
6 Things Mark Cuban Says The Powerball Winner Should Do Immediately
The Powerball jackpot has reached $1.5 billion. Here are a few things billionaire Mark Cuban says the winner (if there is one) should do right away.
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