We’ve talked earlier about the student loan forgiveness, which is really the “stick it to the working joe” executive decision. Most of those paying the costs of this program did not receive the benefit of the loans, yet they’ll have to foot the bill. Indeed, the education received by those who took the loans will, […]
Archives
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Student Loan “Forgiveness”–pure pillage
25 Aug 2022
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Recession!?
01 Aug 2022
Fellow Berean Matt Beal touched on the 2nd Qtr GDP Growth (negative) last week, and I thought I’d add to the discussion. But because I’m particularly lazy (and the ramp up to the new semester is consuming me), I encourage you to listen to a radio interview I had with Columbus Ohio’s WTVN radio late […]
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The title for this post is one for our older Bereans that remember Dan Quayle’s debate with Lloyd Bentsen in the 1988 vice-presidential debate. Yet the real purpose of this post is to stop the disparagement of Jimmy Carter by comparing Joe Biden with him. As the nation sinks deeper into an inflationary morass, with […]
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Headline: “Biden administration plans to make sweeping changes to ‘broken’ student loan system”
07 Jul 2022
So notes CNBC yesterday. We’ve already highlighted the gross inequity of forcing people that never were a party to a loan to assume the payments of others (as in here, here, and here), in many cases people that make far less money than the beneficiaries of student loans, so I’m not highlighting that this morning. […]
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@ Jeff Adams, this one’s for you
22 Jun 2022
:-), since I doubt the Tax Foundation is one of your oft-visited websites.
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J.M. Keynes as a guest Berean?
21 Jun 2022
Well, maybe today. As I’m writing an op-ed for a local paper, I was drawn back to Keynes famous section in his work, The Economic Consequences of the Peace, written in 1919. Below is an extended section; we can discuss in the comments if you like. Lenin is said to have declared that the best […]
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The Biden Administration has finally accepted some blame for the ongoing inflation that they helped fuel, and like a good soldier, Janet Yellen has taken the spear for her boss, President Biden. President Biden was obviously anxious to make good on a progressive agenda after his inauguration, pushing his major spending bills, and he pushed […]
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Feds force you to co-sign on a loan, then stiff you with the bill when the borrower defaults!
02 Jun 2022
Proverbs 11:15 tells us: One who is a guarantor for a stranger will certainly suffer for it, But one who hates being a guarantor is secure. While I don’t think the Bible precludes going into debt, there is no doubt that the Bible warns against it. Debt should be thought of as something akin to a chain […]
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How far will the stock market fall?
21 May 2022
We’re in a bear market now, even if the S&P500 managed to claw above the oft-quoted 20% down definition on Friday. Importantly, the standard 20% off the highs is only the symptom of the bear market that rages. Bear markets emerge to bring reality to false expectations of the future. Low interest rates beget speculation […]
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In the aftermath of the draft Dobbs v Jackson case that ends Roe v Wade, Democrats have aggressively seized on the abortion issue, hoping for change in fortunes for their dispirited supporters. Conventional wisdom suggests that the ending of Roe v Wade will help Democrats, as polls have long shown that a complete repeal of […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach