Student Loans – The Economic Time Bomb | Armstrong Economics

Trump should reverse what the Clintons did to student loans. He should RESTORE the right to go bankrupt. This huge problem was created by the Democrats who exempted student loans from normal protection for consumers. In addition, the bankers then exploited the entire issue by getting parents to co-sign. The entire argument for eliminating the right to go bankrupt was that they had no collateral. The FRAUD here is the bankers managed to get the Democrats to hand students to them on a silver platter. Then they then pulled a fast one by demanding parents co-sign. That way, they can take their parents’ house. The scary thing is that the generation of Americans over 60 years of age is on the hook for worthless degrees, owing $86 billion in student loan debt. True, some of these people owe for degrees they themselves obtained in hope of getting a better job. They have discovered that the degrees mean nothing and their age tends to scare companies because of pensions. The bulk of these people in the 60+ group had their kids late in life and co-signed for their children of which 40% are still living at home. Interest rates are not cheap and run from 5.05% to 7% annually. Compound that out and you will nearly double the cost of a degree by interest in 10 years. A number of major companies NO LONGER require a degree. Here are just a few. BTW – neither do we. Google Ernst and Young (EY) Penguin Random House Costco Wholesale Whole Foods Hilton Publix Apple
— Read on www.armstrongeconomics.com/markets-by-sector/interest-rates/student-loans-the-economic-time-bomb/

The only hold out will be the government. That will mean our government will be infested with brainwashed college graduates. John barleycorn

The Left’s War on Normal – Taki’s Magazine – Taki’s Magazine

The more the left forces us to accept the “Tiffany” Moores as normal, the more pushback there will be.
— Read on www.takimag.com/article/the-lefts-war-on-normal/

Taki is right on the mark, once again. My thoughts on this are that globalists are at the core of the leftist agenda. They believe the world is overpopulated with people who do not agree with them. They support abortion, mass immigration,censorship,dictatorships, big government, massive debt, homosexuality,gender confusion, the list goes on.

All traditions and historical records must be attacked and erased, in favor of the big globalist/leftist wet dream of a world without borders, real or imagined. Not just national borders but social borders, and behavioral borders.

They are using the education system to create a more compliant citizen incapable of critical thinking skills, so they are unable to question the prescribed narrative of normality.

JohnBarleycorn

The bitter truth about Millennial burnout – UnHerd

The bitter truth about Millennial burnout – UnHerd
— Read on unherd.com/2019/01/the-bitter-truth-about-millennial-burnout/

I think that part of the reason these kids are so full of anger and resentment is that they get a leftist dogma all the way through school. Upon graduating, they are saddled with a ridiculous amount of student debt, and a job market that is very competitive, having no safe space in the place where they work. No participation awards for trying, along with people, like customers who can be mean. Reality sucks for them and they lash out at the wrong people and the wrong issues, because they do not know any better. Critical thinking skills are not part of their learning curve. JohnBarleycorn

Eva Brann, National Treasure ~ The Imaginative Conservative

In a moment when the forces of ideology seem to threaten to overwhelm the voice of sanity and civility, Eva Brann’s imaginative conservatism offers another way—a way rooted in, as she has put it, “talking, reading, writing, listening”… (essay by Shaun Rieley)
— Read on theimaginativeconservative.org/2019/01/eva-brann-national-treasure-shaun-rieley.html

A fine example for all of us to follow.