Monthly Archives: November 2016


Opinion: It’s time for the Federal Reserve to help Americans reduce debt

It is nice when I can find another expert to support what I have been saying on this blog for years. Market Watch has the article Opinion: It’s time for the Federal Reserve to help Americans reduce debt.

To truly ignite the economy, millennials must feel less poor and seniors must feel richer. A good place to start would be by reducing the burden of student debt. University of Michigan Professor Susan Dynarski summed it up well when she wrote: “Americans owe $1.3 trillion in student loans. More than seven million borrowers are in default, and millions more are behind on their payments.”

Fixing that problem could mean the government refinances student debt so they accumulate less in interest, paying down part of existing debts, or setting a new amortization schedule to boost consumer spending. Similarly, we would need an innovative policy to help seniors feel more secure that they can live from their savings.

They say the definition of insanity is doing the same thing repeatedly and expecting different results. As the Fed readies to embark on ending the age of near-zero interest rates, it’s time to admit we need a new approach.

It is also nice to find expert opinion supports Jill Stein’s policy and debunks John Oliver’s criticism of that policy.


UN Peace Council: The US media is lying to the American people

Found this article UN Peace Council: The US media is lying to the American people. The war in Syria is not a civil war, it’s a proxy invasion by the United States.

A long video, but worth watching if you care to know the truth about what is going on in Syria and how Obama has been lying to us… again.

I’ll excerpt just a piece of the video that gets to the main point pretty quickly.