The market for student loans is $100 billion. The Federal Government guarantees 80% of student loans. Tuition keeps going up. It has risen almost 500% in the past 16 years. According to an article in the Wall Street Journal(8-20-09) the Feds plan to squeeze out the remaining 20% of the private sector in student loans. Read the full article…
The stock market went up Friday on news that the US housing market may have made a turnaround. This is very good news. Is it reliable, or are we being spun with the statistics? Another 500,000 plus hit the unemployment rolls this week. The foreclosure problems are blamed on unemployment. When families are out of Read the full article…
President Obama suddenly favors offshore drilling. A real breath of fresh air. But, there’s a catch. It’s not here, it’s in Brazil. He started with $2 billion and a promise to fund more. The money goes to Petrobras, the state-owned oil company. The country that is begging China to buy treasuries to cover our burgeoning Read the full article…
