An Idea for Student Loans: Get Rid of Them. Student loans aren’t a subsidy for students. They’re a subsidy to the academic class, and mostly to administrators.

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via nationalreview: It’s time to shut down the Bank of Uncle Stupid. Here is a three-part plan for something practical the federal government could do to relieve college-loan debt. Step 1: The federal government should stop making college loans itself and cease guaranteeing any such loans. Step 2: It should prohibit educational lending by federally regulated … Read more

What Could Go Wrong?

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Dallas DA says he won’t prosecute ‘low-level’ crimes like theft and felony drug possession. Creuzot, a Democrat, has angered local and state officials, and importantly police unions, with his decree that his office will no longer be prosecuting what he has non-technically referred to as “low-level” crimes. As a recent Dallas Morning News op-ed put … Read more

Bernie Sanders Does Not Disavow Comments Calling For Venezuela Style Nationalization Of Major Industries

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Dark Days: Venezuela crisis forces millions to leave The humanitarian crisis in Venezuela is behind the largest human displacement in Latin American history; more than three million Venezuelans have left their country. https://www.nbcnews.com/nightly-news/video/dark-days-venezuela-crisis-forces-millions-to-leave-1495504451621 Senator Bernie Sanders: “These days, the American dream is more apt to be realized in South America, in places such as Venezuela … Read more

China Says NO MONEY PRINTING, Stocks DROP! Surprised?

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Hmmm… No more money printing. No more stimulus. Economy is doing better than expected. Something smells fishy…   China has been addicted to stimulus. Does that sound familiar to you? Just about every country seems to be doing this now. It’s absurdity to think that monetary stimulus measures can actually fix any problems and yet … Read more

Our Arrogant, Incompetent Ruling Class

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The Mueller Report Exposes the Absurdity of the Governing Class: Despite decades of egregious errors, a group of “leaders” remains steadfastly in place, waiting to take charge again. Plus: Now let’s think about part one of the Mueller report: the finding of no collusion. Nothing. Nada. Zip. Zilch. Zero. It was all a hoax — … Read more

How will we get to the new monetary system?

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by independenttrader Over the last three months, we have seen how badly central banks can be wrong about the real economy. In October 2018, the Fed, ECB and BOJ have still planned monetary policy normalization i.e., the end of QE and interest rate hikes to match them up with inflation. However, the level of market distortions … Read more

Rep. John Ratcliffe Confirms How Comey, Yates, McCabe and Rosenstein Were Caught Lying on FISA Warrants to Spy on Trump

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Trey Guowdy and Ratcliffe were the only Republicans to see the the evidence behind the FISA warrants to spy on Trump campaign operatives. Ratcliffe told former Rep. Jason Chaffetz that Comey, Sally Yates, McCabe and Rod Rosenstein all posted in big bold letters “verified application” all in capitals. So Comey and Yates and everyone who … Read more

Hillary Clinton Announcing Run for President in 2020 After Joe Biden Formally Declares Campaign

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https://www.youtube.com/watch?v=OJjK6NuXD5s loyd Mayweather Jr. Is The Most Dominant Athlete and Boxer Of All Time https://www.huffpost.com/entry/floyd-… Comey And McCabe Should Be Charged With… https://thefederalist.com/2019/04/12/… IRS apologizes to tea party over Obama-era targeting https://www.youtube.com/watch?v=LHhI2…    

How does Facebook fact-check news posts?

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https://www.youtube.com/watch?v=djFCNuLKLd0 Questions are being raised over the growing links between Facebook and the US government. That as the social media giant announced it’s hired the State Department’s legal advisor as its general counsel and vice president of communications. According to the company’s statement Jennifer Newstead will oversee Facebook’s global legal functions. The new appointment comes … Read more

With Interest Rates Of Negative .75, Swiss National Bank Ready To Go Even Lower If Necessary

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by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Swiss Rates Can Be Lowered Further, SNB’s President Says By Catherine Bosley Bloomberg News Saturday, April 20, 2019 The Swiss National Bank can lower its subzero interest rates even further, President Thomas Jordan told newspaper Blick. In the interview, Jordan affirmed the ongoing need for a deposit rate of … Read more

Schiff: Raise the Voting Age, Not the Smoking Age

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YouTube/PeterSchiff, Released on 4/22/19 Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street … Read more

Most Illegal Immigrants Are On Government Aid

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Watch the latest video at foxnews.com This week, the U.S. Supreme Court considers whether to count self-identified illegal immigrants in the 2020 census. Cities worry adding the citizenship question could undercount 6.5 million people. Their argument, however, isn’t just about political power but billions of dollars in federal funds states expect. The case underscores what experts say … Read more

Lower Mortgage Rates No Relief for US Home Sales

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter There is plenty of supply, but it’s the wrong supply, priced too high. Across the US, hot and cold housing markets all thrown into one bucket: Sales of “existing homes” (single-family houses, townhouses, condos, and co-ops) in March dropped 5.4% from March last year, to a seasonally adjusted annual rate of … Read more