Tag Archives: Rant

Colleges are the Next Big Bubble to Burst

Colleges are the Next Big Bubble to Burst

I am going to keep this post short since it is nothing more than a “crazy” theory of mine.  The Wall Street Journal just published an article titled, “Student Loans: Default Rates Are Soaring” written by Anne Marie Chaker. Ms. Chaker highlights the stats: According to new numbers from the U.S. Department of Education, default

The Law of Diminishing Marginal Utility and Debt Repayment

The Law of Diminishing Marginal Utility and Debt Repayment

Law of Diminishing Marginal Utility I got on the subject of Law of diminishing Marginal Utility with The Wife today, a theory which I was able to explain to her today in english.  Despite it being an economic theory (read: usually hard) it is quite easy to understand.   First thing is first – utility means satisfaction.  Investopedia defines the Law

Foreclosures aren’t Everyone’s Problem

Foreclosures aren’t Everyone’s Problem

Whenever the mainstream news starts making think in terms of absolutes, I know something is wrong…so I quickly load up Cato.org.  As always, Cato Institute Author, Alan Reynolds provides a fresh view on something the main stream news outlets either don’t see or don’t want to bring up.  I have written about a Mr. Reynolds

Where are your Tax Dollars Going?

Where are your Tax Dollars Going?

I am not sure how I feel about the idea of TARP which wikipedia defines as, TARP allows the United States Department of the Treasury to purchase or insure up to $700 billion of “troubled” assets. “Troubled assets” are defined as “(A) residential or commercial mortgages and any securities, obligations, or other instruments that are