Survey: Lack of Financial Literacy Growing Up Means Lower Incomes, Less Savings

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https://www.thepennyhoarder.com/smart-money/financial-literacy/ We aren’t talking about money growing up and it’s a systemic problem. When I was in college and financially independent, I racked up literally all of my student loans the first two years because I thought I was supposed to use all of the loan money they gave me. The last two years I … Read more

Twitter Q1 2019 Earnings Highlights

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by hyousef333   Operating income of $94 million and operating margin of 12%. Average monetizable DAU (mDAU) was 134 million in Q1, up 11% year-over-year. Total revenue was $787 million in Q1, an increase of 18%, or 20% on a constant currency basis. Total US revenue was $432 million, an increase of 25%. Total international … Read more

Are we on the road to a US $100 oil price?

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by Shaun Richards As Easter ends – and one which was simply glorious in London – those of us reacquainting ourselves with financial markets will see one particular change. That is the price of crude oil as the Financial Times explains. Crude rose to a five-month high on Tuesday, as Washington’s decision to end sanctions … Read more

(Government) Spending is Theft

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by Ron Paul Imagine being robbed every time you receive a paycheck, but once a year getting some of the stolen money back because the thieves took more than they intended. Would you be happy about it? If you are like most Americans the answer is yes, since most people are grateful when they get a … Read more

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