The Student Debt Crisis Is Hitting These Ten States The Hardest

The student debt crisis in America continues to expand. According to the latest figures from the New York Federal Reserve, the total Student Loans Owned and Securitized, Outstanding (SLOAS) grew to over $1.52 trillion in July. Although the debt crisis affects millions of Americans, the debt is not spread evenly across the country, as millennials in some states are much more likely to be weighed down by student loans.

A new study by personal finance website GOBankingRates revealed that graduates in the northeastern states have the heaviest financial burdens. Of these states, millennials in New Hampshire have outstanding student loans around $36,367 — that is the highest rate in the country, according to the Institute for College Access and Success’s 12th Annual Student Debt report. ...read more

Nomi Prins: The Disrupter-In-Chief & Five Financials Uncertainties For 2018

Authored by Nomi Prins via TomDispatch.com,

The Entropy Wars – Five Financial Uncertainties of 2018 (So Far)

Here we are in the middle of the second year of Donald Trump’s presidency and if there’s one thing we know by now, it’s that the leader of the free world can create an instant reality-TV show on geopolitical steroids at will. True, he’s not polished in his demeanor, but he has an unerring way of instilling the most uncertainty in any situation in the least amount of time. ...read more

July Nonfarm Payrolls Preview: All Eyes On Wages

Tomorrow at 8:30am ETF, the BLS will release the July jobs report: headline payrolls are expected to slow modestly to 190k after printing above 200k in the past two months. With record low unemployment and a bubbly labor market fueled by Trump’s stimulus, where labor shortages are said to be the biggest concern to companies, absent some “force majeure” in the words of Elon Musk, markets will focus squarely on average hourly earnings to gauge if inflationary pressures are finally seeping into wages (according to Cheesecake Factory the answer is a resounding yes).

Here are Wall Street’s consensus expectations:

  • Nonfarm Payrolls: Exp. 190k, Prev. 213k (Min: 150k, Max: 240k)
  • Unemployment Rate: Exp. 3.9%, Prev. 4.0% (Min: 3.8%, Max: 4.0%)
  • Average Hourly Earnings Y/Y: Exp. 2.7%, Prev. 2.7% (Min: 2.6%, Max: 2.8%)
  • Average Hourly Earnings M/M: Exp. 0.3%, Prev. 0.2% (Min: 0.2%, Max: 0.6%)
  • Average Work Week Hours: Exp. 34.5hrs, Prev. 34.5hrs (Min: 34.4hrs, Max: 34.6hrs)
  • U6 Unemployment Rate: Prev. 7.8%
  • Labour Force Participation: Prev. 62.9%

...read more

Is Trump Being Sabotaged By His Own Lawyer?

Authored by Andrew Napolitano via Unz.com,

In the past week, former New York Mayor Rudolph Giuliani, now the chief lawyer and principal spokesman for President Donald Trump’s legal team, has offered arguments more harmful to Trump than helpful. In a series of combative, disjointed and logically challenged television rants, Giuliani has essentially argued that Trump did not engage in any conspiracy with the Russians for them to provide help to his campaign and that even if he did, it wasn’t criminal.

...read more

House Majority Leader Demands Jack Dorsey Testify On Twitter “Shadowbans”

After months of rumored Twitter “shadowbans” on conservative accounts were finally confirmed by VICE  and other publications, the GOP is taking action ahead of midterms.

Axios reports that House Majority Leader Kevin McCarthy sent a letter Thursday to Greg Walden, the chairman of a powerful House committee, to ask that he publicly grill Twitter chief executive Jack Dorsey over recent allegations that the platform limits the reach of some conservative accounts. ...read more

3% Treasuries, Say Hello To Trillion Dollar Deficits

Submitted by Nicholas Colas of DataTrek Research

In two months we will be in fiscal 2019 for the US government, and the OMB projects +$1 trillion/year deficits until 2021. Ten year Treasuries nosed over 3% today on news of some small but unexpected issuance, so where will rates go once deficits kick into high gear? And how will stocks discount higher rates, regardless of reason? Our answers below.

If the 10 Year Treasury were 4.0% at the end of 2019, would you expect US equities to be higher or lower then? It is easy enough to tell a story either way: ...read more

Entire Police Force Quits In This Massachusetts Town

The citizens of Blandford, Massachusetts, a small town in Hampden County, are in complete disarray after the entire police department resigned Monday night, citing faulty equipment and hazardous working conditions.

Interim Police Chief Roberta Sarnacki and three officers submitted resignations in a letter to Blandford officials on Monday, effective immediately. ...read more

Maxine Waters Hit With FEC Complaint After Daughter Rakes In $750,000 From Campaign Funds

California Democratic Rep. Maxine Waters, 79, has been slapped with an FEC complaint after funneling $750,000 in campaign funds to her daughter since 2004 to manage a mailer program, as extensively detailed by the Free Beacons Joe Schoffstall.  

The scheme managed by Karen Waters has raked in hundreds of thousands of dollars from California politicians who pay to be included in her “slate mailers” – sample ballots mailed out to around 200,000 Los Angeles voters which promote who Waters endorses.  ...read more

#SIGNTHEPETITION PREZ TRUMP: PARDON AS_ANGE! #RUNAWAYJURY #CNNSUCKS

#SIGNTHEPETITION  PREZ TRUMP: PARDON AS_ANGE! #RUNAWAYJURY #CNNSUCKS

Please SIGN THE PETITION requesting President Trump to Pardon Julian Assange, who’s health and life is in danger at this pivotal moment. We must act now before the Ecuadorian embassy kicks Assange out and he is exposed to the wrath of MI6 and the CIA. The world owes so much to this man, who had the courage to expose one the most criminal and rogue governments in American history. We are ALL in his debt, WWG1WGA! FREE ASSANGE! SIGN HERE:
https://www.infowars.com/petition/

This video was made last night but YT would not allow me to upload. This has been the norm lately. The censorship is definitely in full operation mode and it is getting harder to beat the algorithm– thanks to Google Gestapo. But YAFTV will keep on keeping on! ...read more