Iowa Bills Would Expand Gun Freedoms

Iowa lawmakers are considering several bills aimed at enhancing gun rights, but critics say some of the measures are “pro-criminal” and will lead to more violence. According to the Des Moines Register, multiple bills have been introduced this year, ranging from one that would amend the state constitution to effectively eliminate all gun regulations to another that would “permit a shoot-to-kill response by anyone who believes he’s being threatened with [...]

Student loan debt slavery: The inevitable failure of systems in which risk has been transferred from those who reap the gain to others. In the case of student loans, the risk has been transferred to students who enter decades of indentured servitude.

by Charles Hugh Smith from Of Two Minds

Risk And The Indentured Servitude Of Student Loans

Students stuck with gargantuan loans for life are bound in a bank-dominated “improvement” of indentured servitude.

Yesterday (Risk is Necessary for Adaptation, Innovation and Success) I discussed the inevitable failure of systems in which risk has been transferred from those who reap the gain to others. In the case of student loans, the risk has been transferred to students [...]

Charles Hugh Smith: Risk And The Indentured Servitude Of Student Loans

by Charles Hugh Smith from Of Two Minds

Risk And The Indentured Servitude Of Student Loans

Students stuck with gargantuan loans for life are bound in a bank-dominated “improvement” of indentured servitude.

Yesterday (Risk is Necessary for Adaptation, Innovation and Success) I discussed the inevitable failure of systems in which risk has been transferred from those who reap the gain to others. In the case of student loans, the risk has been transferred to students [...]

Chambers Says Debt Deal Failure May Press U.S. Rating

(For 10/27)

Just headlines:

EU Sets 50% Greek Writedown, $1.4 Trillion in Crisis Fight
BOJ Expands Stimulus as Europe Debt Crisis Pushes Yen to Record
San Diego Unified School District Discusses Risk of Insolvency
Chambers Says Debt Deal Failure May Press U.S. Rating
Spanish Commercial-Property Investment Seen Falling to Lowest in a Decade
N.C. Medicaid program struggles to reach $356 million in cuts
Dive in home values hits San Mateo County governments
Sarkozy to Seek China Aid as EU [...]

CHICAGOLAND: State can no longer afford to bury dead poor

The state of Illinois has reached a new level of broke. Come Monday, it won’t have enough cash to bury its indigent dead.

Illinois officials sent a letter to more than 600 funeral directors around the state to let them know there’s no money for funerals for individuals on public assistance.

“We got that letter,” said Jonathon Szykowny, owner and director of Szykowny Funeral Home. “I’m [...]