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Most Recent Posts

Student Loans – Beyond The Interest Rate Debate

Student Loans – Beyond The Interest Rate Debate

The problems with this legislation really only underscore the need to restore bankruptcy and perhaps other fundamental consumer protections to student loans. The Department of Education would be far more likely to come up with a good workable set of forgiveness programs with fundamental protections in place. Conversely, history (decades of history) clearly demonstrates that the Department will not do anything to help students in their absence.

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Time To Occupy Department Of Education?

Time To Occupy Department Of Education?

People aren’t camping out by the thousands and protesting in public spaces across this country because of interest rates on student loans, government conferences, or Secret Servicemen schtooping around in foreign lands.  They (we) are resorting to occupations across the land because of the big stuff, the very big stuff that Congress and the President seem all too happy to ignore, regardless of the damage it is doing to normal, decent citizens. This blatant disregard for the public interest is intolerable.  And if you thought the occupations of last winter were something, you ain’t seen nothing yet as long as this big, bad governance continues on both sides of the aisle, by corrupted servants, both elected, and unelected.

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2012 Mega-Gift ? Tough Decision For The Moderately Wealthy

2012 Mega-Gift ? Tough Decision For The Moderately Wealthy

In order for a gift to stand up to IRS scrutiny and not be pulled back into your estate, you have to not have the ability or even an implicit understanding that you can get it back.  Nonetheless, if you leave yourself enough to get by for say 10 years, that should not be a problem.  After 10 years, you can count on your wealthy children to take care of you.  Just remember this plan did not work out so well for King Lear.

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