With Student Loans Equal to All Income Tax Collection, 27% are in Defaults

With Student Loans Equal to All Income Tax Collection, 27% are in Defaults:
"On April 15, Tax Day, Americans have paid the federal government an estimated $1.477 trillion–a slightly higher figure than the total value of outstanding student loans.
Five days ago, the St. Louis Federal Reserve published a report titled “Student Loan Delinquency: A Big Problem Getting Worse?”
The Fed determined that of the nearly $1.3 trillion in non-bankruptcy-dischargeable student loans, the delinquency rate for students in repayment is over 27 percent.
With tuition at the University of California and other top schools growing faster than inflation, student loan defaults are skyrocketing.
...But when the Fed researchers Juan M. Sánchez and Lijing Zhuthe Fed dug deeper, they determined that for student loans made from October to December 2010, about 45 percent of student loans were not in repayment. 
This implied that only about 55 percent of student loans for the period are in repayment...."

Dude, where's my deduction?----Tax Day is source of unhappiness for marijuana industry

WASHINGTON: Tax Day is source of unhappiness for marijuana industry | Economy | McClatchy DC:
"WASHINGTON — For owners of marijuana businesses, April 15 is one big downer.
While most business owners rush to meet the federal tax deadline and cash in on a plethora of deductions, pot store owners and growers complain that they can’t write off a single expense, even if they have state licenses.
They want the law changed, saying it’s discriminatory and outdated as more states move to legalize marijuana.
...The ban on deductions by the Internal Revenue Service is in place for one reason: Congress has declared every pot transaction a felony crime.
Getting the law changed will be difficult, with legalization opponents arguing that it would be a mistake to give the pot industry any tax breaks."

City leaders chase Muskegon Bike Time out of town!

Muskegon Bike Time - News and Updates:

"...8 years of planning, organizing and funding Steel Horse Alley, the City of Muskegon has chosen to re-classify the 2015 Muskegon Bike Time as a different event, subject to new rules and policies.  
Two years ago, the Muskegon City Commission had concerns about the growth of Bike Time and strongly suggested that we develop plans for the event beyond the downtown location.
The Commission predicted that downtown space would diminish as the properties were sold and developed.
In response to their desires, this year we announced a plan that permits growth, by expanding the event to the former Great Lakes Downs property just outside of Muskegon and owned by the Little River Band of Ottawa Indians.
Under this new ruling by the City of Muskegon, which allows for “others to hold events and supply the vendors,” it seems the City wants to define programming for Bike Time. 
The new ruling creates an untenable liability risk, where Muskegon Bike Time would be responsible for creating the space for other events and vendors to operate, but we could be held liable for safety issues that remain beyond our control.
Under these circumstances we cannot, in good conscience as a nonprofit, responsibly accept this liability.
Therefore, unfortunately Muskegon Bike Time will not be creating Steel Horse Alley on Western Avenue in 2015...
In the interest of complete transparency please see our letter to the City of Muskegon in the link below."

Fox News Producer Asks People on the Street to Name an Obama Accomplishment, Gets These Answers Back | Video | TheBlaze.com

Fox News Producer Asks People on the Street to Name an Obama Accomplishment, Gets These Answers Back | Video | TheBlaze.com: "

The bizarre answers didn’t stop there.

“Bringing our troops home, I’d have to say,” one man told Watters, adding, “I think the terrorists are pretty happy about that.”

“Are you asking me this because I have blonde hair?” one woman asked."

No, they will never be satisfied until there are zero workers------Low-wage workers plan walkouts, protests to gain $15 hourly pay

WASHINGTON: Low-wage workers plan walkouts, protests to gain $15 hourly pay | Economy | McClatchy DC:
"WASHINGTON — Heartened by growing support for their cause and recent pay hikes by large corporate employers, America’s low-wage workers will continue their fight for higher pay Wednesday with protests, rallies and one-day walkouts scheduled in more than 200 cities.
...Fast food cooks and cashiers are expected to strike in 230 cities, including New York, Los Angeles, Detroit, St. Louis, Kansas City, Mo., and Raleigh, N.C.....calling for $15 hourly wages and the right to unionize.
Since then, strong financial support from the Service Employees International Union has helped the “ Fight for 15” movement expand to home care workers, retail employees, child care workers, airport service workers and even adjunct college professors seeking $15,000 per course."

Feminist group breaks urinals as a symbol of male chauvinism

Feminist group breaks urinals as a symbol of male chauvinism
Big Red, an outspoken member of the feminist organization, left a letter at one of the scenes:

"We the women of America will no longer tolerate male bigotry, especially through the method of genderizing restrooms, just like they had colorized restrooms during the first half of the twentieth century. 

Men need to know that their reign in this world is OVER and we will show no mercy towards our enemy. 

These private rooms with urinals, which we call 'oppression rooms,' are nothing more than a pedestal that men have created to worship their phallic tools of hate and destruction. 

These shrines to men's egos must be destroyed if we are going to move beyond Stone Age male chauvinism!"

The group has also taken to the social media, urging women around the globe to pick up a sledgehammer and "Swing for Justice" in their own hometowns and cities.
Shortly after the announcement on their Twitter feed, videos of raids taking place as far as San Francisco, California were being uploaded onto their account..."

Look at how many pages are in the federal tax code

Look at how many pages are in the federal tax code | WashingtonExaminer.com

BREAKING: Shocking 1995 Video Surfaces of Barack Obama Revealing Who He REALLY Is [VIDEO]

BREAKING: Shocking 1995 Video Surfaces of Barack Obama Revealing Who He REALLY Is [VIDEO]:

"However, thanks to the Internet, things are seldom buried forever. In this clip from 1995, the future president is on his book tour at the Cambridge Public Library. He’s not only open about just who “Frank” is, he talks about how the man “schooled” him on how racist white people were.

The clip below shows Obama’s stunning admission."

Next Time a Liberal Asks You to Fork Over More Money for Public Education, Show Them This Graphic

Next Time a Liberal Asks You to Fork Over More Money for Public Education, Show Them This Graphic:

History for April 16

History for April 16 - On-This-Day.com
Wilbur Wright 1867 - Aviator, one of the Wright Brothers, Charlie Chaplin (Sir Charles (Spencer) ‘Charlie’ Chaplin) 1889 - Actor, comedian, Sir Peter Ustinov 1921 - Actor 


Henri Mancini (Enrico Nicola Mancini) 1924 - Composer (themes for "The Pink Panther", "Peter Gunn"), Bobby Vinton 1935 - Singer, Kareem Abdul-Jabbar (Lew Alcindor) 1947 - Basketball player 


1746 - The Duke of Cumberland defeated Bonnie Prince Charlie (and his Jacobites) at the battle of Culloden. 


1818 - The U.S. Senate ratified Rush-Bagot amendment to form an unarmed U.S.-Canada border. 


1912 - Harriet Quimby became the first woman to fly across the English Channel. 


1917 - Vladimir Ilyich Lenin returned to Russia to start Bolshevik Revolution after years of exile. 


1943 - In Basel, Switzerland, chemist Albert Hoffman accidently discovered the the hallucinogenic effects of LSD-25 while working on the medicinal value of lysergic acid. 


1947 - In Texas City, TX, the French ship Grandcamp, carrying ammonium nitrate fertilizer, caught fire and blew up. The explosions and resulting fires killed 576 people. 


1962 - Walter Cronkite began anchoring "The CBS Evening News". 


1972 - Two giants pandas arrived in the U.S. from China. 


1985 - Mickey Mantle was reinstated after being banned from baseball for several years. 


1987 - The Federal Communications Commission (FCC) sternly warned U.S. radio stations to watch the use of indecent language on the airwaves. 

LIBERTY REVIEW

LIBERTY REVIEW:

http://libertyreview76.blogspot.com/2015/04/another-notch-by-tammy-derouin-this.html

Another Notch

By Tammy Derouin

Many road blocks are put in place for American citizens.  Detours around our founding principles, including our system of government and our basic freedoms, have become routine.  Paved roads with an endless supply of amenities and funding (taken from the American taxpayer) are given to those who call for our destruction.

The executive scolds, bad mouths and apologizes for the very people who elected him to represent them.  He pacifies and coddles our enemies.  A person’s actions do indeed speak louder than words.  Actions give a more transparent concept of someone’s ideals and beliefs.  When words back up actions, true colors and ideology come to light.

Objecting to the agenda has led to a barrage of attacks perfected by the progressive movement.  Many have been mocked, ridiculed and belittled.  Of course, abusing power by employing government agencies, such as the IRS, takes it up yet another notch.

Thankfully, there are a few news outlets which dare to tell the truth.  

102 Years of Income Tax

Meme: 102 Years of Income Tax — The Patriot Post

Why Jeffrey Sachs sees a grim future for Starbucks baristas

Why Jeffrey Sachs sees a grim future for Starbucks baristas - The Washington Post:
Baristas everywhere — plus the entire service economy — be worried about your job security.
That’s the message economist Jeffrey Sachs is delivering.
...“You don’t need baristas in Starbucks,” Sachs told professor Tyler Cowen.
“We will walk in soon to a Starbucks, and our iris will be scanned, and your default mode of mocha latte venti will come out, automatically, of a machine, and you’ll take it out the other door.”
“They’ll predict which days you’re going to come?” Cowen asked.
“Yeah, they’ll have a very good idea,” Sachs said.
“They’ll welcome you by name, of course, as you arrive.
‘We were expecting you, but you’re 10 minutes late.
Is everything okay, Mr. Sachs?’
Because Google will know where you are at any moment anyway. 
So that’s coming, and it will transform fundamentally the labor market....”