body~politic

~~~~~~~~~> Does DEBT  become SERFDOM ?

Tweet me @ColonialSerf, and let me know, and I'll share the answers HERE!!!

Friday, May 31, 2013

The Non-Aggression Principle Can't Be Salvaged—and Isn't Even a Principle | Libertarianism.org

The Non-Aggression Principle Can't Be Salvaged—and Isn't Even a Principle | Libertarianism.org: First, the viability of a principle has to be judged in the context of what role it is meant to be playing in your ethical thinking. If the NAP is understood as akin to “tell the truth”—one among many rules of thumb that establish rebuttable presumptions for guiding your daily conduct—then it is perfectly servicable. May I respond to an insulting remark by throwing a punch? I may not. But that is not really how libertarians usually want to use the NAP: Rather, it is meant to serve as a kind of master principle from which other more concrete rules may be derived, and against which competing forms of social order may be evaluated. And for that purpose it is not particularly useful. When we are not looking for rough guides to our day-to-day conduct, but engaged in the rather more leisurely activity of theory-building, there is less practical reason to rely on simplified models because “the math is easier,” and more to the point, we are most likely to be wrestling with precisely the kind of hard cases that arguably constitute exceptions to the rough rule, or deciding between variant forms of the very concepts on which the NAP relies.

I am a man, and whatever concerns humanity is of interest to me.

I am a man, and whatever concerns humanity is of interest to me.: Terence quotes
I am a man, and whatever concerns humanity is of interest to me.

Terence quotes

Interrogated Until He Wet His Pants and Suspended for 10 Days: This Is What Happened to a 5-Year-Old Who Brought a Cap Gun to a School | TheBlaze.com

Interrogated Until He Wet His Pants and Suspended for 10 Days: This Is What Happened to a 5-Year-Old Who Brought a Cap Gun to a School | TheBlaze.com: A five-year-old Maryland boy was interrogated until he wet himself and suspended for 10 days after school officials caught with playing with a “cowboy-style cap gun,” the Washington Post reports, citing the child’s family and lawyer.

School officials interrogated the boy for two whole hours until he “uncharacteristically” wet his pants, the boy’s mother said.

GOP Plan For Economic Growth & Jobs - GOP.gov

GOP Plan For Economic Growth & Jobs - GOP.gov

Army suspends tuition assistance program for troops - News - Stripes

Army suspends tuition assistance program for troops - News - Stripes: WIESBADEN, Germany — The Army announced Friday it is suspending its tuition assistance program for soldiers newly enrolling in classes due to sequestration and other budgetary pressures.



Thursday, May 30, 2013

Peak Farmland? - Reason.com

Peak Farmland? - Reason.com: Had wheat productivity in India remained the same as it was in 1960, Ausubel and his colleagues calculate, farmers would have had to plow up an additional 65 million hectares of land, an area one and a half times the size of California. Instead, as people abandoned the land for cities, Indian forests expanded by 15 million hectares—bigger than the area of Iowa.

Peak Farmland? - Reason.com

Peak Farmland? - Reason.com: In 1960 India’s population was 450 million, and the average Indian subsisted on a diet of just over 2,000 calories per day. Indian farmers wrested those meager calories from 161 million hectares (400 million acres) of farmland, an area a bit more than twice the size of Texas. By 2010 the Indian population was more than two and half times as big, national income had risen 15-fold, and the average Indian ate one-sixth more calories. Yet the amount of land devoted to crops rose just 5 percent, to 170 million hectares.

Peak Farmland? - Reason.com

Peak Farmland? - Reason.com: “Humanity now stands at Peak Farmland, and the 21st century will see [the] release of vast areas of land, hundreds of millions of hectares, more than twice the area of France, for nature,” declared Jesse Ausubel, director of the Program for the Human Environment at Rockefeller University, in a December lecture. Ausubel was outlining the findings of a study he and his collaborators had reported in the Population and Development Review Supplement that month. Unlike other alleged resource “peaks,” peak farmland reflects not the exhaustion of resources but the fruits of human intelligence and affluence.

Blog: Disturbing Pattern: Obama Puts Our Enemies above Us

Blog: Disturbing Pattern: Obama Puts Our Enemies above Us: We are witnessing a disturbing pattern. President Obama always puts the best interest, well-being, and rights of our enemies above providing protection and justice for the American people.

My wife ranted, "It is as if Obama is desensitizing us to the suffering of our people in these terrorist attacks."

This Is What Happens When You Fear Free Speech - Reason.com

This Is What Happens When You Fear Free Speech - Reason.com: The unprecedented targeting of conservatives wasn't incidental to this administration as much as it was an intuitive extension of the paranoia the left has about unfettered political expression.

Veteran in Oregon protects home with AR-15, faces criminal charges for firing warning shot

Veteran in Oregon protects home with AR-15, faces criminal charges for firing warning shot



Matthew Bible - Wikipedia, the free encyclopedia

Matthew Bible - Wikipedia, the free encyclopedia: The Matthew Bible, also known as Matthew's Version, was first published in 1537 by John Rogers, under the pseudonym "Thomas Matthew". It combined the New Testament of William Tyndale, and as much of the Old Testament as he had been able to translate before being captured and put to death.

Wednesday, May 29, 2013

THREE DAYS OF DARKNESS

THREE DAYS OF DARKNESS

Let me open this chapter with a deep concern: Whenever any fear slips in, my apologies will be loud and clear, for that is not the purpose of this work.  I want to avoid it at all costs.  The three days of darkness are not about fear and panic, but about ascension into the Fourth Dimension.  I extend my apologies over and over again for any fear that might arise, and please understand that I am not trying to scare you.  I am trying to prepare you for ascension.  The Shift is about love, and any fear you feel is what you have chosen.  Choose wisely, my friends, for the Shift will be the start of an awakening to behold.

The three days of darkness actually pertain to Mother Earth's entry into the Photon Belt. 'I'his will produce the three days of darkness and this event heralds the beginning of the Shift, or ascension, into the Fourth Dimension.  Let me give you a brief explanation of what will happen during this period.  The whole event will take place over a period of seven to ten days or so, but please don't hold me to these numbers because it can fluctuate a day or so either way.

First Day

There will be the sense of complete and utter turmoil at this point.  It is not to create fear.  Yes, the fear is allowed by the Creator, but you do not have to enter into this fear.  Those of you who read this work will be aware of the events that will transpire during this period.  You will say to yourself, "This is exactly what Kirael said would happen." You will still have to fight off the fear, though, because it will permeate the Earth plane.  It's an awakening of a very deep cellular memory that must come to the surface.  This is contrived by the Light Beings to make sure that everybody gets through the Shift by really healing their fears. And, again, because you live so much in fear, you actually do so many good things from fear.  Healing your fears is all part of the Creator's design. 

This is another reason why you should be attempting to deal with your current fears.  As you become practiced in dealing with and dissipating your fears, you will be better able to cope with the Shift.  Some fears that you face today are things like, are my bills paid?  Will I remain married and if not, what shall I do?  Will I lose all my money on some silly investment? These are, of course, very real but when looked at in reality, all you need to do is confront the issue, and be willing to handle it to the point where the issue comes to total clarity. Then guess what? It always turns out to be not that great big monster you saw.  In fact, it becomes extremely manageable, for the most part.  This is why I emphasize that you complete all your self-learning projects on a timely basis.  When you have learned, as best as possible, to deal with your fears, it will make the Shift an adventure as opposed to a nightmare.  Practice makes perfect.
So, in the very first day, you will vibrate with the illusion of mass illness and seemingly devastating disruption.  You will literally be leaving the Third Dimension and become caught up in the Fourth Dimension, with the Photon Energy mixing in.  You will sense the Earth's shifting, major shifting, more so than you may have ever felt up to that point.  You will quite literally not want to be walking around in the first 12 hours or so of this first day.  You will literally be forced to remain stationary.
This is Mother Earth's way of coming to a screeching halt.  In this period, She shakes Herself out and realigns many of Her aspects.  All of this is already mapped out and She knows just how far to go without knocking Herself completely off course.  So that will be one of your very first indications: the appearance of massive turmoil followed by Mother Earth really rumbling.
You will have had a number of-earthquakes prior to this.  Earthquakes will have become almost commonplace by this time.  I'm not talking about your big eights or nines on the Richter Scale, but fives, sixes, and below because that's where Mother Earth will show that She is just getting ready.  But when She gets into Her Final Shift position, where the energy-of the dimension is going from the Third Dimension to the Fourth, and the Photon Energy has already begun to engulf Earth, She will set the stage for Her last spins through the Third Dimension. So for about 12 to 16 hours on that first day, you will literally have a difficult time staying upright.  Don't panic!  Do you know how many times you need to be reminded of this'?  Please don't panic! If you do not panic in these first few hours, things will begin to settle themselves because the rocking and rolling will begin to taper off.

Next, some of the other features that will begin to manifest are the decrease in temperature and sunlight. It will actually begin to look like late evening for the next couple of days. You won't get to see much sun from here on, until you get out of this part of the Shift.
In that time, an awesome awakening will begin to manifest. Depending on your extrasensory abilities, those friends or relatives who have passed onto the other side will be able to communicate with you. This will enable you to work in a way that most have not experienced in this current embodiment. This is just one more reason why, for the past few years, the guides who know of the Shift have been recommending MEDITATION. My Truth tells me that the word should be upper case, for that is the importance I place on it.


Second Day

Increasing darkness will have begun to permeate the Earth plane, along with a cold never before experienced: It will be a deep cold, for it will penetrate inside of you. At this time, you will make a connection with other entities who are not carbon-based. Here's another reason why you cannot live your life based in fear: You will be faced with what will appear to be some of your greatest tests. All you will need to understand is that IT IS A TEST, You will need only to hold onto the Light, for in using the white light, your awareness peaks and the test will disappear.


Third Day

On the third day, Mother Earth will fully enter the Photon Belt and the actual Shift to the Fourth Dimension will occur. This will be where the Photon Energy envelops the Earth plane and the three days of darkness begin. The outer band of the Photon Energy is very dense in order to sweep out the third-dimensional essence and ignite the fourth-dimensional energy. It will be dark because the light particles are so dense that they take on the appearance of no light. It will take approximately three days to get through this outer band, and it will appear as if you are in total darkness. Now, don't wake; up 72 hours later, walk outside and say, "That's it! I'm out of here:" You will have to pay attention and not get hung up on time, for that will become the trickster and will cause the energy to take even longer to calm.

As you move into the Photon Energy, it will literally block out the sunlight. This will be the real darkness, my friends. The essence of the Photon Energy literally has the ability to block out the sunlight, so when I talk about darkness, I'm talking about the real purity of darkness. However, some of the sun's thermal energy will get through so you won't have to experience an "Ice Age." It won't be that severe but trust that it will get extremely cold. Your body will undergo a vibrational shift to compensate for the lack of mobility that most will experience.
It won't make sense to try to go out and fix anything. It won't make sense to try to go down to the corner store to see if it's open. You will not starve to death. Nobody will starve to death in three days. In the first place, your metabolism will change so that you won't need food. You will ingest only the lightest of substances. In the beginning, there will be only that which the Creator has brought light to in the form of the plant world. This is what the Creator always supplied you with. For whatever reason, you haven't used it wisely up until this point. Now you will not only utilize plants wisely but you will also learn the true essence of their vibration. I'm sure some will have a bit of a time resonating with this but most will actually begin to enjoy this new food source.
How can people in warm climates prepare for this period. Not by buying ten blankets or building some sort of cold-proof room. The medium reminded me of when he was a young lad and all the people were building shelters in the Earth and stocking them with canned foods. This was in response to some one possibly dropping some sort of giant bomb and the only safe place was in some sort of shelter. Let me assure you, my friends none of that will be necessary this time. By the time this event actually engulfs your Earth plane, those who are destined to experience the fullness of the event will have learned about vibrational body transfer and motion alliance so the essence will be completely protected.

Be clear that body energy will get everybody through. That's why it will be important to embrace your brothers and sisters in love, you won't freeze to death because you will have learned about meditation vibrational body transfer. All these things you are learning on this very mundane level are actually preparation for a time not so far into the future.

In the middle of this three days of complete darkness and cold; most of the world's population will be immobilized. You will slow down to such a state that the three days of darkness won’t feel like current time does my friends. That's how some of the fear will be displaced. You will hardly even remember going through this part of the density. Once it's started and you hit the first of the three days, you'll literally go into a state of hibernation within yourself.


After The Shift

Coming out on the other side of those days of darkness will be beyond your wildest expectations. As the darkness dissipates, you will have another two or three days before it becomes daylight again. It will appear as dusk. When you take your first step, you will realize you no longer touch the ground like you used to. You will find that you can take a hop into the air, stay there a little while, and kind of float back down. There will be pockets of this new energy still somewhat thick so this may be a little tricky at times.

You will feel something new moving through your body, and will find that you can fill your body with this new energy that radiates within. From top to bottom, you will love this new feeling that will completely overwhelm the new you.

It will take two to four years for most to learn how to deal with this newness under the guidance of teachers who will carry you through this new reality. They will be honored for what they share, an you will appreciate all those who practiced on this side to learn the art of manifesting. Can you begin to understand why it's so important for all to get the lessons completed before the Shift? That way, there will be no need to experience them afterwards.
As a caution, let me remind you that you will take any unfinished experiences into this new reality, so before the Shift, prepare as much as possible so as not to have to waste precious time while others are moving at the new pace.
You will wonder why you're not hungry because of how much time has passed. Not only will you not have the slightest bit of hunger pain, but most, if not all, of your body fat will be gone. When you finally do get hungry, you will recognize that you need to eat something that God created. Them you’ll look at the plants that have always been there but you never really noticed them before. You' I1 pick one of them, put it in your mouth and it will slowly dissolve and you'll feel its energy emanate into your system. Then suddenly, you'll realize that you are breathing differently. Your breath will come in through the crown of your head and will fill your body in a manner you arc not really accustomed to. In those first few days after the Shift, you will learn how to function with everything that is different.
Many new things will occupy your new and enlightened thinking process. Your thought process will be so clear, and your memory will be beyond anything you will have prepared for. You will have approximately 2,000 years to revel in the glory of the Fourth Dimension.
In essence, my friends, although it will seem like a rather shaky situation, this is the beginning of a period of total enlightenment. Most of you have been preparing for many life times just to remember the totality of ascension. Nothing has been wasted, so don't ask, "Why didn't I just wait for this instead of going through all the trauma?" Learn with a great desire so as not to take any old baggage into this new and exciting era.

This is just the beginning. Don't judge the total experience by this short span of time and most certainly DON'T PANIC!


Buddhist mobs attack Muslim homes in Myanmar, one dead | Reuters

Buddhist mobs attack Muslim homes in Myanmar, one dead | Reuters: Tuesday's unrest in Lashio was sparked by a quarrel between two people, named by state media as Aye Aye Win, 24, a Buddhist woman who sold petrol, and Ne Win, a Muslim man aged 48.

MRTV television said Ne Win poured petrol over Aye Aye Win and set her on fire. She was in hospital, it said.

The National Right to Work Committee® | Even Haters of Pro-Right to Work Lone Star State Governor Admit the ‘Texas Model’ Is Working

The National Right to Work Committee® | Even Haters of Pro-Right to Work Lone Star State Governor Admit the ‘Texas Model’ Is Working

Since the beginning of this year, proudly pro-Right to Work Lone Star State GOP Gov. Rick Perry has visited two of the biggest forced-unionism strongholds in the country, California and Illinois, to urge business leaders to “pack up and move to Texas,” as Fred Barnes puts it in a new report for The Weekly Standard (see the link below).
Perry has publicly stated time and again that Texas’s Right to Work statute prohibiting the termination of employees for refusal to join or pay dues to an unwanted union is one of a handful of important reasons why the state is so attractive to employees and business owners across the country who are considering relocation.
And even some of Perry’s biggest detractors are willing to concede he’s right about Texas’s economic success.  In 2012, for example, the Democrat Party-allied Texas Monthly went so far as to give Perry its “Bum Steer of the Year” award.  But, as Barnes points out, regular Texas Monthly writer Erica Grieder has just published a book acknowledging, by her own account, that Perry and other like-minded politicians are “right to defend the Texas model.”  Grieder elaborates:  The data are “pretty hard to deny; either the model’s been working or it’s a h*** of a coincidence.”
According to Barnes, Grieder’s book “knocks down many of the liberal [and specifically Big Labor] complaints about the Texas boom”:
The new jobs are mainly low-paying? From 2001 to 2011, “fully 45 percent were in the upper-middle and upper quartiles.” The state’s dependent on the federal government? In the 1990s and 2000s, “Texas was one of the handful of states that sent more money to Washington than it received in return.”
Barnstorming for Jobs and Growth

Nevada powerbroker convicted of making illegal contributions to Sen. Harry Reid | Fox News

Nevada powerbroker convicted of making illegal contributions to Sen. Harry Reid | Fox News

This is What Budget Cuts Have Done to Detroit ... And It's Freaking Awesome

This is What Budget Cuts Have Done to Detroit ... And It's Freaking Awesome: Detroit's city government may be in shambles financially, but the citizens of Detroit are showing what happens when people are given their liberty back. For centuries, libertarians have been arguing for strict limits on state power, the benefits of private, civic society, and the bottom-up, spontaneous order that arises where free markets and voluntary interactions dominate. Perhaps we shouldn't be so scared and sicken with political Stockholm Syndrome the next time politicos fear-monger over budgets cuts.

“Essential” Government Spending? Tell Us What You Think

“Essential” Government Spending? Tell Us What You Think: Last year, the U.S. government spent $3.7 trillion—a whopping $1.3 trillion of which it had to borrow, bringing our national debt to more than $16 trillion.

That’s a lot of money to pay back, for us and for future generations. Yet, rather than look for ways to decrease the amount we owe, our leaders are seeking to raise the “debt ceiling” in order to pay for spending they consider essential.

Death by China - Wikipedia, the free encyclopedia

Death by China - Wikipedia, the free encyclopedia: Death by China: Confronting the Dragon – A Global Call to Action is a non-fiction book by economics professor Peter Navarro and Greg Autry that chronicles, "From currency manipulation and abusive trade policies, to slave labor and deadly consumer products",[1] the alleged threats to global economic stability and world peace posed by China's "corrupt and ruthless" governing Communist Party.

The book has been translated into Japanese, Vietnamese, and Korean. A feature length documentary film based on the book and also titled Death by China is under production.

Ceylon moss - Definition and More from the Free Merriam-Webster Dictionary

Ceylon moss - Definition and More from the Free Merriam-Webster Dictionary: : an East Indian red alga (Gracilaria lichenoides) that is one of the chief sources of agar

Drug tests for unemployment benefits approved | khou.com Houston

Drug tests for unemployment benefits approved | khou.com Houston: AUSTIN, Texas (AP) -- Workers who lose their jobs would have to clear a drug screening to qualify for unemployment compensation under a proposal approved by the Texas Legislature.

Under current law, employers take out insurance policies to help laid-off workers survive on weekly payments of $62 to $440. Those who are fired for cause, including failing an employer-sponsored drug test, do not qualify.

The changes approved Saturday would require laid-off workers to fill out state questionnaires. Answers considered suspicious would lead to drug tests. Workers who fail would lose their benefits.

Republican Sen. Tommy Williams said the program will help maintain a competent workforce.

Democrats have blocked a separate measure that would have required drug testing for welfare recipients. But the bill targeting unemployed workers will now go to the governor.



Tuesday, May 28, 2013

LAMB OF GOD LYRICS - "Ashes Of The Wake" (2004) album

LAMB OF GOD LYRICS - "Ashes Of The Wake" (2004) album: Whoever appeals to the law against his fellow man is either a fool or a coward.
Whoever cannot take care of themselves without that law is both.
For a wounded man shall say to his assailant,
'If I live, I will kill you. If I die, You are forgiven.'
Such is the rule of honor.

South Portland doctor stops accepting insurance, posts prices online | AgainstCronyCapitalism.org

South Portland doctor stops accepting insurance, posts prices online | AgainstCronyCapitalism.org: Maybe there’s a silver lining to Obamacare if more doctors follow the lead of this fellow in Maine. I pray that they do.

Dr. Michael Ciampi is able to charge half of what he used to charge for his services now that the red tape and general pain of dealing with deeply regulated insurance companies has been eliminated. He figures that the hassle is only going to get worse with Obamacare, so he has decided to go another route.

15-year-old boy scrawls graffiti on 3,500-year-old Luxor Temple in Egypt - International - Catholic Online

15-year-old boy scrawls graffiti on 3,500-year-old Luxor Temple in Egypt - International - Catholic Online: The boy's mother offered a formal apology for her son's behavior. "We want to apologize to the Egyptian people and to people who have paid attention to this case across China," she told reporters.





Blog: The real crisis facing America is global warming

Blog: The real crisis facing America is global warming: Let's not forget the real crises. We are still facing a catastrophe of global proportions unlike any before in history. Populations will uproot. Coastlines will sink. Water wars will erupt. Biodiversity will disappear. Icecaps will liquefy. Space aliens will conquer.

Debt Dynamics: Nation-by-nation debt levels since 1990 | The Wall Street Journal - WSJ.com

Debt Dynamics: Nation-by-nation debt levels since 1990 | The Wall Street Journal - WSJ.com: Recent decades have seen great fluctuations in public and private debt loads around the globe. Watch how global economic forces have affected debt-to-GDP ratios in various countries by using the interactive chart below.

Newborn Baby Rescued From Sewage Pipe, Neighbors Hear Crying | LifeNews.com

Newborn Baby Rescued From Sewage Pipe, Neighbors Hear Crying | LifeNews.com: “Local firefighters soon rushed to the site to rescue the infant, who was later found, a newborn boy with his placenta uncut,” CNN reports. “After cutting down the sewage pipe, firefighters sent the infant, still covered by the pipe, to the nearest Pujiang County Hospital where they took away the pipe piece by piece with the help of doctors, using a saw and pincer pliers.”

In Britain, Police Arrest Twitter And Facebook Users If They Make Anti-Muslim Statements |

In Britain, Police Arrest Twitter And Facebook Users If They Make Anti-Muslim Statements |: British police are arresting people in the middle of the night if they have made racist or anti-Muslim comments on Twitter following the murder of a soldier by two Muslims in Woolwich, London.

Three men have so far been taken into custody for using Twitter and Facebook to criticize Muslims.

Islam’s War of Annihilation Against Hindus | FrontPage Magazine

Islam’s War of Annihilation Against Hindus | FrontPage Magazine: Muslims currently comprise 20 percent of India’s 1.2 billion population, the rest of which is overwhelmingly Hindu. But as Narain points out, Indian Muslims have engaged in a series of attacks on Hindu citizens, temples, religious festivals and unarmed pilgrims. He reminds us that a month after the 9/11 attacks in the United States, a proclamation was issued on Al Jazeera television promising that “Hindu India” would also be targeted for jihad. Two months after that, a suicide squad assaulted India’s Parliament House in New Delhi on December 13, 2001, killing 9 and wounding 18.

NYC Mayor Bloomberg's next target: Street cafes - Washington Times

NYC Mayor Bloomberg's next target: Street cafes - Washington Times: “I don’t know what to do,” said Chel Seng, Sushi Choshi owner, in The Post. “It will affect us. It’s very busy in the summer. It’s a main reason people come — to sit outside.”

5 Ways Student Loans Hurt Middle-Class Kids - ABC News

5 Ways Student Loans Hurt Middle-Class Kids - ABC News

Forbearance = Tightening the Screws.
Many people who are having trouble paying their student loans mistakenly assume that forbearance is just another word for free. Weiss says he works with students all the time who believe all they have to do is fill out a form, and their payments magically go away.
In fact, forbearance can cost student loan borrowers a great deal of money. The entire time their loans are in forbearance, the interest keeps accruing, and is being added to the principal. Over time, that can make even small loans balloon into Behemoths. In many cases, forbearance is the only option most private student lenders offer distressed borrowers, even though they can offer other alternatives like loan restructure or modification. But hey, why would they when bankruptcy rules essentially guarantee full repayment? Clearly, this needs to change.
First, eliminating the "Render to Caesar what is Caesar's" lending environment and allowing student loans to be discharged in bankruptcy will bring private student lenders to the bargaining table, cause them to offer a host of reasonable options and force everyone to make smarter choices.
Second, let's expand the Pay As You Earn Repayment (PAYER) plan, the federal program that in many cases caps monthly student loan payments to a percentage of the borrower's income. We should include all private loans, as well as borrowers who are seriously behind on their payments. These are precisely the people in most dire need of help.
America has always been the land of "What's next?" Washington's failure to adequately address suffocating student debt, where few have had any incentive to act differently, represents "what was," cripples millions of Americans and stifles economic growth.
This work is the opinion of the columnist and in no way reflects the opinion of ABC News.
Adam Levin is chairman and cofounder of Credit.com and Identity Theft 911. His experience as former director of the New Jersey Division of Consumer Affairs gives him unique insight into consumer privacy, legislation and financial advocacy. He is a nationally recognized expert on identity theft and credit.

5 Ways Student Loans Hurt Middle-Class Kids - ABC News

5 Ways Student Loans Hurt Middle-Class Kids - ABC News: Limited tax benefit.

When you get a mortgage, the federal government allows you to deduct the interest on your taxes to help incentivize homeownership. Having a well-educated population is no less important to our nation's future than buying a house. We should demand that student loans get the same tax treatment.

Currently, only people who earn below $75,000 can write off a portion of their student loan interest. That's a problem. If you graduated from an expensive school, you may owe $100,000 or more in student debt -- as much as many mortgages. But even if you get a good-paying job, you could face a crippling student loan payment every month. It's a slippery slope from there to a tepid economy, because if all of your money is going to pay rent and service student loan debt, you're not going to be in a position to buy a house, a car, and/or all the other things that put "consumer" into our consumer economy.

Let's change this, and give student loans the same tax benefits that apply to mortgages.

5 Ways Student Loans Hurt Middle-Class Kids - ABC News

5 Ways Student Loans Hurt Middle-Class Kids - ABC News

Till death do us part...really!
You can never shake student loans, because unlike other types of loans they cannot be discharged in bankruptcy (with a few rare exceptions). It doesn't matter if you get laid off, are financially devastated by the illness or death of the family breadwinner or take up residence in your car. Student lenders will hound you until your last breath or they are repaid, whichever comes first.
This change to the bankruptcy laws was originally conceived to protect taxpayers, who otherwise would be on the hook if (and when) borrowers default on federal loans. After years of aggressive lobbying, private lenders eventually won the same benefit, i.e., they have the same risk of not getting repaid: Essentially zero. Yet they still charge a premium.
In addition to being a Credit.com contributor, Weiss is a finance professor at University of Hartford and says he regularly counsels students whose private loans boast 12 or 15 percent interest rates. The same loan from the government costs a quarter of the price.
It's the cornerstone of credit that interest rates are based on risk: the higher the risk that a borrower won't pay a debt, the higher his or her interest rate. Private lenders flout this rule, pumping more money into the higher education system and driving tuition inflation.
Maybe it's time for private lenders to play by the rules. Lending means risk. If they are unwilling to accept that risk, perhaps they should open a chain of newsstands.

5 Ways Student Loans Hurt Middle-Class Kids - ABC News

5 Ways Student Loans Hurt Middle-Class Kids - ABC News: Student loans fund tuition inflation. Average college debt has grown from $9,188 in 1993 to $35,200 now.

Here's the dirty little secret why colleges and universities charge so much: Because they can. Their operating budgets are funded largely by student loans, which are repaid by students themselves. So why not pay your college president $3 million a year, spend $194 million to build or renovate a football stadium or "invest" $70 million in a pool?

Experts have suggested a panoply of solutions, including capping the maximum loan amount available to people who plan to pursue low-paying majors such as art history, or making student loans pay for education only, and not facilities like dorms, arenas or sports stadiums. (Credit.com contributor Mitchell Weiss explores more ideas along these lines.)

Whatever the solution, we have to stop this crazy cycle before it shuts the middle class out of college entirely.

5 Ways Student Loans Hurt Middle-Class Kids - ABC News

5 Ways Student Loans Hurt Middle-Class Kids - ABC News: The $50.6 billion heist.

As Washington prepares for another epic battle over keeping federal Stafford loan rates at 3.4 percent rather than allowing them to double to 6.8 percent, an important fact goes overlooked: Stafford loans are already a significant profit center for the feds. Indeed, these loans earn Uncle Sam some 36 cents for every dollar it puts out. Bottom line: the government will reap $50.6 billion in profit from federal student loans in 2013 alone.

So instead of arguing for weeks over whether we should hold the line on Stafford interest rates, perhaps the debate is better focused on how we might cut them to a level sufficient to cover administrative costs and provide a slight cushion. That should help to make college more affordable for the middle class.

5 Ways Student Loans Hurt Middle-Class Kids - ABC News

5 Ways Student Loans Hurt Middle-Class Kids - ABC News: Student loans are supposed to help middle-class kids pay for a college education, but these days they can do more harm than good. It's high time we did something about that.

If you imagine a world where the federal government and private lenders actually partner with students, instead of treating them as a profit center, have I got a bridge investment deal for you. As things stand, the Affordable Care Act has a better shot of garnering support among Tea Party activists than the average American kid has of getting a good deal on a college education.

Riddle me this: Why should middle-class students pay more for loans than is absolutely necessary, all the while padding the government's coffers and enabling state universities to build facilities that the students will only get to use for four years?

The answer: they shouldn't.

While no doubt there are more, here are five instances where middle-class kids are getting hosed on their student loans and student loan debt.

YOUNG MAN BLUES LYRICS - THE WHO


Well a young man
He ain't got nothin' in the world these days
I said a young man
Ain't got nothin' in the world these days

In the old days
When a young man was a strong man
All the people stepped back
When a young man walked by

You know nowadays
Well it's the old man's
Got all the money
And a young man
Ain't got nothin' in the world these days

You know nowadays, if you're the young man
You ain't got nothin' in the world these days

Monday, May 27, 2013

N.H. Senate Passes Bill Nullifying Federal Marijuana Laws 18-6 | Tenth Amendment Center Blog

N.H. Senate Passes Bill Nullifying Federal Marijuana Laws 18-6 | Tenth Amendment Center Blog: CONCORD, N.H. – New Hampshire moved a step forward toward legalizing marijuana for medical use, joining the swelling ranks of states nullifying the unconstitutional federal ban on weed.

Mother Gives Birth to 13-pound, 10-ounce Baby : Health & Medicine : Nature World News

Mother Gives Birth to 13-pound, 10-ounce Baby : Health & Medicine : Nature World News

ON benefits in Birmingham, the African war criminal we can't kick out: Rent of 'murderer' staying on human righgts grounds is being funded by tax payer | Mail Online

ON benefits in Birmingham, the African war criminal we can't kick out: Rent of 'murderer' staying on human righgts grounds is being funded by tax payer | Mail Online: A war criminal who took part in attacks in which countless civilians were killed is living rent-free at taxpayers’ expense in a large house in the West Midlands.

The Sharyl Attkisson approach - Dylan Byers - POLITICO.com

The Sharyl Attkisson approach - Dylan Byers - POLITICO.com: The Obama administration won’t answer the CBS News correspondent’s questions because her investigations — into Benghazi, Fast and Furious, Solyndra — often reflect negatively on it. Some colleagues at CBS News, where she has worked for two decades and earned multiple Emmy awards, dismiss her work because they perceive a political agenda. And now, she says, someone may have hacked into her computers.

Kerry Unveils $4 Billion "Palestinian" Economic Plan - Atlas Shrugs

Kerry Unveils $4 Billion "Palestinian" Economic Plan - Atlas Shrugs: Billions for jihad. Unbelievable. Obama cancels Fleet Week but has $4 billion for a movement whose sole objective is to annihilate the tiny Jewish state. How many billions have we sunk into that annihilationist cause, and to what end?

Jailed for Facebook comments, Marine sues

Jailed for Facebook comments, Marine sues: A lawsuit has been filed by officials with the Rutherford Institute on behalf of a Marine who was jailed and held for the comments he made on Facebook – comments that expressed a dissatisfaction with the present direction of the U.S. government.

According to officials at Rutherford, the civil rights action names as defendants members of law enforcement and the government who were involved in last year’s episode where Marine veteran Brandon Raub, 27, was arrested by a swarm of FBI and Secret Service and forcibly detained in a psychiatric ward for a week.

His crime was posting controversial song lyrics and political views on Facebook, the institute reported.


Where's spring? Upstate New York gets 3 feet of snow on Memorial Day weekend | Fox News

Where's spring? Upstate New York gets 3 feet of snow on Memorial Day weekend | Fox News

Sunday, May 26, 2013

Immigration bill backers say not all back-taxes will be paid - Washington Times

Immigration bill backers say not all back-taxes will be paid - Washington Times

Americans for Tax Reform : Obamacare: Top Five Tax Hikes that Violate Obama’s Middle-Class Tax Pledge

Americans for Tax Reform : Obamacare: Top Five Tax Hikes that Violate Obama’s Middle-Class Tax Pledge: Taxpayers are discovering this week that the IRS is going to have a heavy hand in the implementation of Obamacare.

Arrested Economic Development

French Anti-Terror Soldier Attacked by Bearded, North African Wearing a Jihab

French Anti-Terror Soldier Attacked by Bearded, North African Wearing a Jihab

Netherlands: ‘Sharia triangle’ becomes police no-go area in The Hague | Creeping Sharia

Netherlands: ‘Sharia triangle’ becomes police no-go area in The Hague | Creeping Sharia: Residents who are non-Muslim, but also moderate Muslims, have this problem. They say they are held accountable for things they do not like the Orthodox majority, such as smoking in the streets and the use of alcohol and pork on the street.

What Fresh Hell Is This? | A Day In The Life

What Fresh Hell Is This? | A Day In The Life: First, “What Fresh Hell Is This?” is a quote attributed to Dorothy Parker. She supposedly said the phrase when a ringing phone interrupted her literary thoughts. She liked the phrase so much that she began to answer her phone in that fashion. Great story, but it has nothing to do with my “fresh hell”. I just love the quote.

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