The Tragedy of Student Loans
"The delinquency rate on student loans is now higher than on credit cards, car loans, or any other kind of consumer loan." Continue reading →
"The delinquency rate on student loans is now higher than on credit cards, car loans, or any other kind of consumer loan." Continue reading →
"The college system is far from a free market profit oriented system. Almost 100% of colleges take money from government or accept students who receive government loans. This results in colleges being required to meet government guidelines which have dramatically dumb downed the system. The Chinese government has created 60 million vacant apartments through its central planning policies, while the U.S. government through its intervention in the education system has created tens of millions of college graduates with vacant minds." Continue reading →
"All of their children, from several months old to age five, have been put up for adoption. The last three children were seized shortly after birth at hospital. 'It’s a heartbreaking experience,' the father told the Citizen. 'They come in and take your baby. It’s like they are stripping your life away.' The father said it was wrong for a court to punish him for future crimes a judge said he was likely to commit. He pleaded guilty for sex crimes against children when he was 12. 'I was a kid. I didn’t know what I was doing, so I pleaded guilty. But there was no sex, it was experimenting as a 12-year-old boy.'" Continue reading →
"Under the new law, youth age 17 and older must have a parent or guardian present for an initial consultation with a tanning salon. It also bans children under 14 from getting spray tans in tanning salons. Governor Chris Christie said that while he does not favor government regulation of small business, the new law was important for protecting the safety of minors. Patricia Krentcil, who became known in tabloid stories as the "Tan Mom," denied exposing her daughter to a tanning session, and a grand jury opted not to indict her on charges of endangering the welfare of a child." Continue reading →
"Jordan T. Drake, 18, pleaded guilty in January to adulterating a food item in May 2012, when he put semen into a bottle of 'Ice Drops' breath mint drops as a senior prank. Drake was a high achiever at Saginaw Arts & Sciences Academy before the incident, winning science fair and quiz bowl awards, but was suspended after an internal investigation. He had enough units to graduate, but was not allowed to participate in commencement ceremonies,. He also lost a scholarship at Michigan State University and an internship at Dow Chemical Company. Judge Robert L. Kaczmarek sentenced Drake to 18 months probation." Continue reading →
"The AEK Athens midfielder Giorgos Katidis has been handed a life ban from all national teams by Greece's football federation EPO after he appeared to give a Nazi salute to supporters during a match. Katidis denied he gave a Nazi salute. The player said he was simply pointing at Michalis Pavlis in the stands to dedicate the goal to his team-mate as he continues to fight health problems. AEK's German coach, Ewald Lienen, backed Katidis. 'He is a young kid who does not have any political ideas. He most likely saw such a salute on the internet or somewhere else and did it without knowing what it means,' he said." Continue reading →
"The ban on large size sugary drinks was odd enough, but NYC Mayor Michael Bloomberg has now gone totally loony. A new proposal would require New York City retailers to keep tobacco products out of sight under a first-in-the-nation proposal aimed at reducing the youth smoking rate. The legislation would require stores to keep tobacco products in cabinets, drawers, under the counter, behind a curtain or in other concealed spots. They could only be visible when an adult is making a purchase or during restocking. 'Such displays suggest that smoking is a normal activity,' Bloomberg said. 'And they invite young people to experiment with tobacco.'" Continue reading →
"As a solution to sagging milk sales, the International Dairy Foods Association (IDFA) and the National Milk Producers Federation (NMPF) are petitioning the FDA to 'amend the standard identity of milk' and other dairy products. Dairy special interests want to be able to add high fructose corn syrup, aspartame, and other chemicals to milk while bypassing the requirement that the products be labeled 'artificially sweetened.' The attempt is to pass this off as a health benefit for children because the chemical sweeteners are not considered to be sugar." Continue reading →
"The Boston School Committee announced last week that it will finally end almost 40 years of forced busing — long after the policy effectively wrecked local schools. In May 1974, Boston residents voted 15 to 1 against busing schoolchildren to achieve racial integration. A month later, U.S. District Judge Arthur Garrity ignored the popular vote and made himself czar of Boston schools. Even though there are only 13 percent white students remaining in local schools, almost two-thirds of students last year were bused away from their neighborhoods. Students were dragged out of bed before 6:05 a.m. for the glory of a long-dead judge’s vision." Continue reading →
"'Only to bureaucrats can the idea occur that establishing new offices, promulgating new decrees, and increasing the number of government employees alone can be described as positive and beneficial measures.' - Ludwig von Mises" Continue reading →