Financial Crisis

UnpaId Student Loans Top One Trillion Dollars

HE AMOUNT AMERICANS OWE on student loans is far higher than earlier estimates and could lead some consumers to postpone buying homes, potentially slowing the housing recovery, U.S. officials said Wednesday. Total student debt outstanding appears to have surpassed $1 trillion late last year, said officials at the Consumer Financial Protection Bureau, a federal agency created in the wake of the financial crisis. That would be roughly 16% higher than an estimate earlier this year by the Federal Reserve Bank of New York. The new figure—released Wednesday at a banking conference in Austin, Texas—is a preliminary finding from a study...

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Nearly 90 Iraqi Teenagers Stoned To Death For "Emo" Haircuts

t least 90 Iraqi teenagers with "emo" appearances have been stoned to death by religious extremists in Baghdad in the past month after an inflammatory interior ministry statement dubbed it "devil worshiping", activists said. Iraq's Moral Police released a chilling statement on the interior ministry's website condemning the "emo phenomenon" among Iraqi youth, disturbingly declaring its intent to "eliminate" the trend. "The 'Emo phenomenon' or devil worshiping is being followed by the Moral Police who have the approval to eliminate [the phenomenon] as soon as possible since it's detrimentally affecting the society and becoming a danger," the statement read. "They...


Post-Modern Racism: A False Flag of Manufactured Sanctimony

HILE MANY OF US POST-BECKSNIFFIANS are familiar with the shocking news that great things and great people of color have participated as free men in this nation since its beginnings, among his many impoverishing 20th Century shaping deeds, President Wilson fired all the blacks who had found a niche in the US Postal Service. He attempted the same with the Navy, where blacks had found a place as ship's stewards. Astute American Thinker J.R. Dunn continues: Millard Tydings is a liberal hero for opposing the monstrous Joe McCarthy. He was also a racist of the type who couldn't bear having...


Chaos: The Harbinger Of Order

HEN THE BANKS STOP LENDING and the dollar drops dead, the leonine principles of chaos will pounce upon us, claws poised, teeth bared. But as horrible as that bit of declarative sounds to the victims of chaos, there may still be a ray of sunshine for America and in turn, hope for humanity, and that hope is presented here in an adaptation of a wonderful comment by a reader at American Thinker in response to an article on The Coming Chaos. John Griffing has stated the obvious and drawn a single conclusion among many possibilities—avoid default of the American debt...


The Perils Of Liberal Creationism

Let's begin with Conviction I: what I call Liberal Creationism or, as the oft-invoked cliché, people are the same all over. CCORDING TO THIS GOSPEL, modern humans emerged roughly 180,000 years ago in Africa and eventually populated almost the entire globe. According to evolution, via mutations and selective breeding, humans adapted to varied conditions. For example, in colder climates, white skin and blue eyes facilitated vitamin D absorption. So far, so good. But, though evolution tells us that traits most valuable for survival are more susceptible to change, the human brain remains fixed despite thousands of years of evolutionary pressure...