Green Energy
In all the uproar with the SCOTUS decision on ObamaCare, many interested and affected parties may have missed THIS:
- "how Would You Feel If You Knew That Almost All Of The Money You Pay In Personal Income Tax Went To Pay Just One Bill, The Interest On The Debt?”
CNBC TodayChances are, you and millions of Americans would find that completely unacceptable and indeed they should.But that is where we may be heading.Thanks to the Fed, the interest rate paid on our national debt is at an historic low of 2.4 percent,...
- "obama’s Budget: ‘interest Payments Will Exceed Defense Budget’ In 2019”
Two years ago in the blog (on a Movable Type server) I stated that the INTEREST on the debt would pay for 15 F-35 fighters a week. I thought I had to be wrong. But I was not. We could afford to make 2 MILLION Americans physicians EVERY YEAR (university,...
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Obama’s DOE Mulls $6.5 Billion In “Green Energy” Loans To Create 283 Jobs,Which comes out to almost $23 million per job Investors, via Will at The Other News: The Department of Energy is set on Thursday to announce whether nine federal loan...
- Obama's Brownshirts Go Green
The Obama Administration is now recruiting graduate students to agitate for what it calls "environmental justice." Numerous opportunities are available within EPA for students to gain valuable work experience while contributing to the mission of protecting...
- Freddie/fannie Scandal: It's Fraud On A Massive Scale
From Ace: Oh my: It's bad enough that Fan and Fred lowered the loan approval thresholds. [Former Freddie Mac Chief Credit Officer Edward] Pinto's point is that for 15 years, they doubled down by "routinely" misclassifying approved loans, effectively...
Green Energy
Beware Of Those College Loans!
...Starting Sunday [July 1], students hoping to earn the graduate degrees that have become mandatory for many white-collar jobs will become responsible for paying the interest on their federal loans while they are in school and immediately after they graduate. That means they’ll have to pay an extra $18 billion out of pocket over the next decade.
Meanwhile, the government will no longer cover the interest on undergraduate loans during the six months after students finish school. That’s expected to cost them more than $2 billion.
These changes have received little attention as lawmakers instead focus on preventing a spike in interest rates on federal student loans.
[...]
Students who take out these loans over the next year will receive the lower interest rate — but that amount will be charged to their bill as soon as they throw their graduation caps in the air. Students who apply for federal loans next year will be hit with a double whammy: a higher interest rate that begins after graduation.
[...]
As of Sunday [July 1], Uncle Sam will no longer pay the interest on new graduate loans while students are in school and for six months after they finish. The change comes as government data show that the average annual cost of a master’s degree and professional programs in law and medicine has jumped by double digits. Enrollment in graduate programs has risen by 33 percent since 2000, to 2.8 million students. ...
- "how Would You Feel If You Knew That Almost All Of The Money You Pay In Personal Income Tax Went To Pay Just One Bill, The Interest On The Debt?”
CNBC TodayChances are, you and millions of Americans would find that completely unacceptable and indeed they should.But that is where we may be heading.Thanks to the Fed, the interest rate paid on our national debt is at an historic low of 2.4 percent,...
- "obama’s Budget: ‘interest Payments Will Exceed Defense Budget’ In 2019”
Two years ago in the blog (on a Movable Type server) I stated that the INTEREST on the debt would pay for 15 F-35 fighters a week. I thought I had to be wrong. But I was not. We could afford to make 2 MILLION Americans physicians EVERY YEAR (university,...
-
Obama’s DOE Mulls $6.5 Billion In “Green Energy” Loans To Create 283 Jobs,Which comes out to almost $23 million per job Investors, via Will at The Other News: The Department of Energy is set on Thursday to announce whether nine federal loan...
- Obama's Brownshirts Go Green
The Obama Administration is now recruiting graduate students to agitate for what it calls "environmental justice." Numerous opportunities are available within EPA for students to gain valuable work experience while contributing to the mission of protecting...
- Freddie/fannie Scandal: It's Fraud On A Massive Scale
From Ace: Oh my: It's bad enough that Fan and Fred lowered the loan approval thresholds. [Former Freddie Mac Chief Credit Officer Edward] Pinto's point is that for 15 years, they doubled down by "routinely" misclassifying approved loans, effectively...