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 →
Tag / bankruptcy
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 →
State of California Pension Fund Cuts Have Begun
In January of this year, I posted about state pensions being in terrible financial shape. Recent news out of California reaffirms this premise.
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.
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 →
Total U.S. Credit Card Debt
CheatSheet.com is showing recent data on American’s credit card debt. It’s approaching the 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 →
What Percent of Small Businesses Fail?
Running a business is a tough adventure. I ran a part time business for Continue reading →
2015 U.S. Credit Card Stats
Here’s the most recent credit card detailed breakdown by StatisticBrain.com – Continue reading →
Chicago: Hey, Lets Tax Netflix
The financial stress of the City of Chicago financial obligations is growing. This week Continue reading →