The Economy Is In Total Free Fall (& Everyone Knows It) | The Kyle Kulinski Show

 

Idiotic Trump Gaffe: Stock Market And National Debt

Trump Owes BIG Money To MANY People

Senator Elizabeth Warren on the #InTheRed Campaign to Tackle the Student Debt Crisis

Debt Slavery...the New Normal for Students?

Middle Class Prosperity Project Forum on "Tackling the Student Debt Crisis"

A Roundtable with President Barack Obama: The Cost of Education

Sen. Warren Introduces Bank on Students Emergency Loan Refinancing Act

Government Debt And Deficit: Obama vs. Bush

Five Reasons Washington Shouldn’t Panic About The Debt

Five Reasons Washington Shouldn’t Panic About The Debt: Once again, the March budget season has arrived, and Rep. Paul Ryan (R-WI) has engineered another draconian fiscal vision for the House Republicans. The plan would radically remake Medicare, decimate Medicaid, grant a huge tax cut to the wealthy, and slash support for the poor, investments, and civic infrastructure. Ryan and his cohorts justify these [...]/p

Memo to Washington: Private Debt Threatens Our Economy, Not Government Deficits | Alternet

Memo to Washington: Private Debt Threatens Our Economy, Not Government Deficits | Alternet
"The debt we are talking about is private-sector debt. But most officials this afternoon focus on government debt and budget deficits as the problem – especially social spending such as Social Security, not bailouts to the banks and Federal Reserve credit to re-inflate prices for real estate, stocks and bonds."

Even Paul Ryan Admits That America Isn’t Facing A Debt Crisis

Even Paul Ryan Admits That America Isn’t Facing A Debt Crisis:  Paul Ryan says we must slash spending. We must do it now, and we must do it dramatically. We must cut 47 percent from education, 32 percent from infrastructure, and 28 percent from scientific research. [...]/p

Student Debt Tripled in Eight Years | Alternet

Student Debt Tripled in Eight Years | Alternet
"A new report from the New York Federal Reserve further confirms what many commentators have been long saying — student debt is the bubble that just keeps expanding. Total student debt has nearly tripled in the past three years."

Guess What? The Debt Everyone Is Freaking Out About Does Not Exist | Alternet

Guess What? The Debt Everyone Is Freaking Out About Does Not Exist | Alternet
"Refusing to tackle that all-too-real crisis with the full range of economic resources at our disposal is a shameful moral and political failure. Especially when the reason we’re refusing is fear of shadows cast on the wall."

VIEWPOINT: The Debt Everyone Is Freaking Out About Does Not Exist

VIEWPOINT: The Debt Everyone Is Freaking Out About Does Not Exist: Between the new-and-improved Simpson-Bowles plan, Joe Scarborough’s feud with Paul Krugman, the relentless drumbeat of the entire Republican Party, and the media blitzkrieg launched by the billionaire-driven “Fix the Debt” campaign, one might think no serious and responsible American can ignore the unassailable truth: America faces a debt crisis, which we must act on immediately [...]/p

The Financial Instrument That Could Save the Economy - and Why It Hasn't

The Financial Instrument That Could Save the Economy - and Why It Hasn't
"Quantitative easing as practiced today is not designed to serve the real economy. It is designed to serve bankers who create money as debt and rent it out for a fee. The money power needs to be restored to the people and the government, but we need an executive and legislature willing to stand up to the banks. A popular movement could give them the backbone. In the meantime, states could set up their own banks, which could leverage the state's massive capital and revenue base into credit for the local economy."

John Nichols: 'Fix the Debt' Run by Billionaires Who Really Want Lower Taxes

John Nichols: 'Fix the Debt' Run by Billionaires Who Really Want Lower Taxes
"I hope everyone checks out the entire article and the rest of the resources at PRWatch and I wanted to share just one more item from there. From their SourceWatch page: Fix the Debt Leaders and Conflicts of Interest:"

CFPB Announces New Push To Alleviate Mounting Student Loan Debt

CFPB Announces New Push To Alleviate Mounting Student Loan Debt: The Consumer Financial Protection Bureau on Thursday unveiled a new initiative to help the nation’s 37 million former college students who are struggling to pay off a combined $1 trillion in student loans. In a press release, CFPB Director Richard Cordray said he is instructing his agency to begin drafting possible proposals aimed at lowering [...]/p

Private Debt – Not Government Debt – Will Destroy America

Private Debt – Not Government Debt – Will Destroy America
"There are two kinds of debt. One that’s relatively harmless. And one that can destroy us all.  

There’s public sector debt – or government debt – which is over $16 trillion. This is the sort of debt that politicians scream and holler about when they demand austerity.

And then there’s private sector debt – the debt owned by you and me and millions of Americans across the nation in the form of credit cards, home and auto loans, along with America's corporate debt. This sort of debt doesn’t seem to bother politicians at all, even though total private sector debt is $38 trillion, more than double government debt."

What Marco Rubio Doesn’t Understand About Debt And The Economy

What Marco Rubio Doesn’t Understand About Debt And The Economy: Florida Sen. Marco Rubio will deliver the official Republican response to President Obama’s State of the Union address tonight. While Rubio has been pitched as the “savior” and “new face” of the GOP, a preview of his speech gives the indication that he is just as disconnected from the current economic reality as the rest [...]/p