Tuition Loan Debt Is Corporatism at Its Worst
Estimated Reading Time: 3 minutes The left accuses the right of fascism, the right accuses the left of socialism, and both engage in corporatism. Corporatism is the organization of the body politic and the economy by interest groups, such as farmers, corporations, banks, media, labor unions, educators, government agencies, and professional guilds. It’s difficult to […]
Poll Finds Americans Worried About National Debt
Americans are worried about the national debt, according to the results of a new poll. Americans have the national debt crisis as one of their top concerns along with war, inflation, and crime. Those polled think the overspending has a direct impact on their personal security and also has an impact on the security of […]
Chicago pension debt climbs to $37.2 billion – Chicago Tribune
Chicago’s pension debt topped $37 billion last year, but city leaders on a special task force convened by Mayor Brandon Johnson more than a year ago to address the problem have focused on one area: how to ensure that benefits to certain pensioners are at least as good as Social Security. City debt rises to […]
Many Americans don’t approve of how student loan debt is being handled by Biden
Many borrowers want forgiveness but don’t approve of the way student loans have been handled in recent years. (iStock) Student loan debt has been a hot topic this election season. As the fight over the pros and cons of debt forgiveness rages on, many borrowers have been vocal about their opinions on debt forgiveness. Currently, […]
Who added more to the national debt, Biden or Trump?
Former Council of Economic Advisers Chairman Jason Furman and Strategas Securities Chairman and CEO Jason Trennert appeared on “Kudlow” to discuss growing concerns about slowing U.S. economic growth. With great fanfare and a lack of context or anything beyond linear thinking, Hill recently The article was titled “Trump Added Twice as Much to the National […]
Newly Filed Court Documents Reveal Michael Jackson Was $500 Million In Debt: REPORT
Newly filed court documents reportedly revealed that the King of Pop, Michael Jackson, was over $500 million in debt at the time of his death. The executors responsible for Jackson’s estate, now worth $2 billion, filed a petition requesting back pay from 2018, according to documents obtained by People. They’re reportedly seeking reimbursement for legal, […]
WILFORD: The Debate Was Devoid Of One Of America’s Most Pressing Issues — National Debt
Whoever wins the 2024 election will have a thankless task ahead of them: figuring out how to get through an extension of a tax cut bill that no one is willing to throw out the window in its entirety, while keeping in mind a looming and growing national debt crisis. This task is hard enough […]
Tracking debt: Which generation owes the most?
(News Nation) — Mortgages are Household debt but, New Analysis Most Americans owe thousands of dollars in debt beyond their mortgage, with Gen Xers showing the highest debt loads. According to online lending marketplace LendingTree, the median non-mortgage debt in the 100 largest U.S. metropolitan areas is $24,668. Gen Xers (ages 44 to 59) had […]
Michael Jackson was $500 million in debt when he died: new court docs
New court documents reveal that Michael Jackson was $500 million in debt at the time of his death. The “King of Pop” died 15 years ago, at the age of 50, from cardiac arrest due to “acute propofol intoxication.” According to court documents, the “Thriller” hitmaker owed money to more than 65 creditors at the […]
JAMES CARTER: America’s Debilitating Federal Debt Spiral
The Congressional Budget Office (CBO) recently issued yet another report on the rapidly deteriorating state of the federal government’s finances. As Douglas Holtz-Eakin, a former CBO director, commented upon the report’s release: “The federal budget journey has arrived in Bleak with the fiscal course set for Hopeless. There needs to be a reset of the budgetary GPS, […]