Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Bernie Sanders

Market Insanity

Bond Investors Starting to Dump U.S. Student Loan Debt as Too Risky

It looks as if a student loan meltdown could be imminent. That could be bad news for the economy because the amount of student loans in the United States now exceeds the amount of credit card debt.

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The Death Spiral

America’s Debt Crisis Could Be Worse than That in Greece

Now for a truly frightening fact they are not telling you: The U.S. government itself is currently underwriting a large portion of that debt. Manuel estimated that around $4.6 trillion, or a little over 25%, of the national debt is in the form of intergovernmental holdings; that is, it is owed by one government agency to another.

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Politics

The Democratic Presidential Scorecard the Candidates Assessed

Here’s something you may not realize. There are actually around four serious candidates in the contest for the Democratic presidential nomination. Yet only two of them, Hillary Clinton and U.S. Senator Bernie Sanders (Vermont), are attracting attention.

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Politics

Disney Outsourcing in Orlando Demonstrates Why Americans Hate Big Business

Disney’s abuse of the H-1B visa program shows why there is such support for Bernie Sanders. It also tells us that if Corporate America does not want to see more politicians like Sanders, it had better start rethinking some of its policies. The American public is no longer amused by the cavalier attitude companies like Disney are taking towards their workers.

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Politics

The Challenge Bernie Sanders Poses for Republicans

Sanders’ campaign is a direct threat to Republicans because it is a very loud and very public critique of their party and its agenda. That criticism is made all the more potent and effective by the all too obvious fact that much of it is grounded in truth.

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Politics

How Bernie Sanders Could Change American Politics

The most intriguing part of Sanders’ campaign then could be to introduce America to the Ronald Reagan of the left. I imagine that person is out there right now, and historians of the future will credit Sanders as bringing him or her onto the national stage.

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Politics

National Healthcare Could Boost the Economy

f something as shoddy, as poorly designed and as inefficient as Obamacare can have such benefits, just imagine what would result from a real national healthcare program like the expansion of Medicare to cover all Americans.

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Politics

What Can Cameron’s Victory Tell Us about the Next US Presidential Race?

Centrism is dead. Despite all the talk of the need for political moderation and compromise in politics, the middle lost big in Britain. The moderate Liberal Democrats lost most of their seats in the election.

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Politics

America Moves to the Left

What’s truly interesting is that the presence of someone as leftwing as Sanders in the Democratic presidential race would have unthinkable just 10 years ago. Today both Sanders and the most popular alternative to Hillary, U.S. Senator Elizabeth Warren (D-Massachusetts), are very leftwing.

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