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How Student Debt Harms the Economy

Hard to buy a house when one already has the equivalent of a mortgage attached to one’s name. Hard to start a family when the Sallie Mae payments take all the money for diapers. Hard to start a business when one enters the world already less than zero on the capital ledger.

Zero’s hard enough.

The problem is easy money to students. Think about it. Who in their right mind lends $50,000 to an 18 year old who has never had a real job, no credit history, etc? The federal government does.

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Casino magnate Adelson meets privately with Congressional GOP in effort to revive online gambling ban

Adelson gives huge money to GOP candidates. He is head of Las Vegas Sands, a brick and mortar casino (and corporation). He wants to make sure people keep coming to his casino. Online gambling threatens his casino. As such he is trying to enlist GOP members of Congress in an effort to keep people from gambling at home.

Adelson says it’s a moral thing. That online gambling increases access for kids etc. But this is a guy who has made hundreds of millions from people losing at his casino. He is just trying to shut out the competition.

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de Rugy: What We’re Fighting For and Why

Why care about liberty, crony capitalism, and free enterprise? Why not just go with the flow? Why not just be happy with Boehner and his ilk? Why fight an ideological battle? It’s so messy.

Here’s why.

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