Your credit card bill is going to get a little bit higher in 2017. When the Federal Reserve raised interest rates last month for only the second time in a decade, very little was discussed on the ramifications it would have on American consumers. The one area that should have been touched upon by our […]
Archives for January 2017
Video: Milton Friedman on consumer safety regulations
With the fate of the Consumer Financial Protection Bureau (CFPB) in question, now would be an opportune time to take a look at legendary free market economist Milton Friedman’s viewpoint on consumer protection agencies and safety regulations. The general idea is that even with many rules and regulations on the books by federal, state and […]
Sigh: Andrew Cuomo wants New York to offer free tuition for public colleges
It seems one governor is channeling his inner Bernie Sanders. Since the federal and state governments have gotten involved in university and college, the cost of post-secondary education has skyrocketed. The average student graduates school with $40,000 in debt; it is estimated that student loan debt will reach $17 trillion by the year 2030. This […]
WikiLeaks says 2017 will be a bigger year than 2016
To say that WikiLeaks had a huge 2016 would be an understatement. Julian Assange and his group’s quest for government transparency helped the general public take a peek behind the curtain and see who Hillary Clinton, her campaign and the mainstream media really were. WikiLeaks also unveiled the documents behind the Trans-Pacific Partnership (TPP), the […]
Let the basic income begin – Finland gives 2,000 citizens money for nothing
It seems the nation of Finland is participating in a little scheme with 2,000 of its citizens: nihil est enim (something for nothing). This is otherwise known as a basic income guarantee, an idea that is gaining momentum across the globe. The Scandinavian nation announced Monday that it has launched a pilot project in the […]