Debts
The Federal Reserve Is At The Heart Of The Debt Enslavement System That Dominates Our Lives
From the dawn of history, elites have always attempted to enslave humanity. Yes, there have certainly been times when those in power have slaughtered vast numbers of people, but normally those in power find it much more beneficial to profit from the labor of those that they are able to subjugate. If you are forced to build a pyramid, or pay a third of your crops in tribute, or hand over nearly half of your paycheck in taxes, that enriches those in power at your expense.
Guess How Much Americans Plan To Spend On Christmas And Halloween This Year…
It is that magical time of the year for retailers. The period between mid-October and late December can often make the difference between success or failure in the retail industry, and this year will be no exception. As you will see below, it is being projected that Americans will spend a massive amount of money this holiday season.
It Will Take 398,879,561 Years To Pay Off The US Government’s Debt
The current debt level of over $17.9 trillion would thus take more than 398 million years of working at the average wage to pay off. This means that even if every man, woman and child in the United States would work for one year just to help pay off the debt the government has piled on in their name, it still wouldn’t be enough.
College is ripping you off: Students are cash cows, and schools the predators
An educational publisher wrote to me a few months back; they wanted to reprint an essay of mine that they had seen on the Internet, where it is available for free. The textbook in which they wanted to include it, they said, would be “inexpensively priced,” and authors were therefore being asked to keep their reprint fees to a minimum. The low, low price that students were to pay for this textbook:
Why Americans Are Drowning in Medical Debt
After his recent herniated-disk surgery, Peter Drier was ready for the $56,000 hospital charge, the $4,300 anesthesiologist bill, and the $133,000 fee for orthopedist. All were either in-network under his insurance or had been previously negotiated. But as Elisabeth Rosenthal recently explained in her great New York Times piece, he wasn’t quite prepared for a $117,000 bill from an “assistant surgeon”—an out-of-network doctor that the hospital tacked on at the last minute.
18 Sobering Facts About The Unprecedented Student Loan Debt Crisis In The United States
The student loan debt bubble in America is spiraling out of control, and it is financially crippling an entire generation of young Americans. At this point, the grand total of student loan debt in the United States has reached a staggering 1.2 trillion dollars, and an all-time record high 40 million Americans are currently paying off student loan debts.
Unseen Toll: Wages of Millions Seized to Pay Past Debts
This story was co-published with NPR. Back in 2009, Kevin Evans was one of millions of Americans blindsided by the recession. His 25-year career selling office furniture collapsed.
Student Loan Debt Burdens More Than Just Young People
JANET LEE DUPREE, 72, was surprised when she received her first Social Security benefits seven years ago. About one-fifth of her monthly payment was being withheld and she called the federal government to find out why. The woman, who is from Citra, Fla.
The National Debt Has Increased By More Than A Trillion Dollars In The Last 12 Months
The idea that the Obama administration has the budget deficit under control is a complete and total lie. According to the U.S.
America’s Poor, Deeper in Debt Than Ever
U.S. consumers have made a lot of progress in paring down the extreme debt loads that helped make the 2008 financial crisis such an epochal disaster.
40 million Americans now have student loan debt
Carrying tens of thousands of dollars in student loan debt has become the new normal. Thanks to climbing tuition and inadequate college savings, 40 million Americans now have at least one outstanding student loan, according to new analysis from credit bureau Experian. That’s up from 29 million consumers in 2008.
Student debt becoming a larger albatross for economic growth: $1.2 trillion in student debt is outstanding and many college graduates working in jobs that don’t require their degree
There was a time when going to college made sense in every feasible way. It made sense professionally, economically, and many college graduates have a wonderful time in the process of completing their degrees. Most would argue that learning is vital in growing and moving forward.
