Independent thinking for complex markets and current events
by Martin Armstrong The student loan forgiveness plan backfired plain and simple. Payments were frozen three years ago in March 2020 under the CARES Act when countless people were out of work and the program made sense. Then Biden campaigned on a promise to eliminate a portion of that debt with no real plan in …
Teacher @ryecollegeuk Has Meltdown At Year 9 Student Who Questions Why Another Student Is Identifying As A Cat. Disgraceful. pic.twitter.com/k1vbpVdBLB — Turning Point UK 🇬🇧 (@TPointUK) June 17, 2023 Fury at woke teacher who scolded pupil for rejecting classmate’s claim that she identified as a cat A ‘woke’ teacher has come under fire after telling …
Now you know why student loans will never be forgiven. https://www.advisorperspectives.com/dshort/commentaries/2023/06/09/feds-financial-accounts-what-are-uncle-sams-largest-assets https://www.fiscal.treasury.gov/reports-statements/financial-report/balance-sheets.html Then, drilling down on “Note 4.” https://www.fiscal.treasury.gov/files/reports-statements/financial-report/2022/notes-to-the-financial-statements4.pdf h/t PettyWitch
by Dismal-Jellyfish Source: https://www.federalreserve.gov/releases/g19/current/g19.pdf Remember, From 1st quarter 2022 to 1st quarter 2023, total household debt has increased $1,205 billion to $17.05 trillion (+7.57%)–Mortgage balances ($864 billion), HELOC ($22 billion), Student loans ($14 billion), Auto loans ($93 billion), Credit Card debt ($145 billion), Other ($67 billion): Total household debt has risen by $148 billion, or 0.9 percent, …
Richelle Brooks’ budget is already tight. She doesn’t know what she’s going to do when federal student loan payments resume in the fall. The single mother of two has seen all her expenses rise over the last few years amid high inflation. “I go grocery shopping and spend $300 or $400 for food that’ll last …
🚨 Mea culpa. (And sneaky sneaky…) The final bill appears to show the date now being pushed back to the original “60 days after June 30…” despite McCarthy’s original proposal being 60 days after signing (today). Regardless, student loans are going back into repayment. 🫣… https://t.co/fzMvDBZfIK pic.twitter.com/n1a02zJdS5 — Neely (@NeelyTamminga) June 3, 2023
by Chris Black They do this trick over and over, the democrats get power and pretend they can’t fulfil any promises because of those damn republicans, then they switch and republicans have power and they say they can’t do anything because of those pesky democrats. Thank you for voting the uniparty. JUST IN – U.S. …