Half of American Colleges Will Be Bankrupt Within A Decade

This blog has written several pieces about college debt and the financial wreck of American colleges and universities. Now another financial analyst has come out with worse news. Continue reading →

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Should the State of Illinois File Chapter 7 Bankruptcy?

Economic Policy Journal posted a video by political pundit Dick Morris. The video is almost 4 minutes long, but gives two rational options Continue reading →

Government wants to try Social Security 2.0

If you ever want to see what generational political differences Baby Boomers have with my generation (Gen X) and others behind me, bring up Social Security.

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Detroit is broke……again

In October of 2012, President Barack Obama triumphantly declared he “refused to throw in the towel” and “let Detroit go bankrupt.” Continue reading →

Illinois Is An Example of What is Coming For Many States

For the last few years, many in the economic world have been cynical of states like Illinois, California and others for how bad their government books are when it comes to finances. Continue reading →