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Apparently the markets are alright with the sequester, to the point they seem to approve. Perhaps the Republicans were right about the last debt ceiling episode and the markets and bond ratings didn't disaprove of the uncertainty of the situation but the lack of doing anything to reduce government spending.
How much has the trial lawyers spent lobbying? The Dems are always pushing us toward Western European Socialism, however they never point us towards their legal system where the loser of a lawsuit pays attorney fees for both sides (which ends many frivilent lawsuits).
A home loan should be difficult. The Janet Reno justice department threatening to not allow banks to expand by using the Community Reinvestment Act was the stimulus for many of the bad loans for the following 10 years. Government overregulating the market is a disaster.
It's not against education and knowing something. You can't get through 4 years without local school districts needing more money. A college education has increased 10 fold since 1980 while most of life's staples have increased 2 to 3 times. The cost of education is around 85% for the employees, so get off your high ho...more
The equity bubble will continue as long as the FED allows the big banks to borrow at near zero interest. All they have been doing with the money is to invest it, thus the bubble, instead of actually lending it out as is the stated purpose of the near zero interest on the lending. Why the FED continues this is subject t...more
Most of the new millionaires are probably school teachers. If you go to online public records you will see many with retirement funds of over a million dollars.