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Daily Archives: May 24, 2016
Senator Warren on need for fiduciary standard in finance
Many good points made in this speech. What is missing in the history recited (as usual), is the reality that the credit bubble first ballooned housing and financial assets to unsustainable levels that encouraged households and pensions to undersave and … Continue reading
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Apprehension of bias: civil service to personal riches
In the two years between April 2013 and March 2015, senator and secretary of state Hillary Clinton collected $21,667,000 in “speaking fees.” We have so far not been allowed to see what words of wisdom Clinton shared. But thanks to … Continue reading
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College debt has TRIPLED since 2005
Is the American Dream: to live in debt for the rest of your life? Apparently. Total student loan debt in the United States has tripled over the past decade to a whopping $1.232 trillion. Student debt now accounts for a … Continue reading
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