Personal Finance

Guess Who Benefits Most From The GOP Tax Plan–The Trumps (Video)

Guess Who Benefits Most From The GOP Tax Plan–The Trumps (Video)

“Believe me.” That’s what President Donald Trump told supporters at a September 27 event in Indiana, referring to how much he stood to lose under the Republican tax plan that ultimately passed the House of Representatives on Thursday 227 to 205. “My accountant called me and said ‘you’re going to get killed in this bill,’” Trump told a […]

Cutting Taxes For The Wealthy Does NOT Help The Economy–Here’s Why (Video)

Cutting Taxes For The Wealthy Does NOT Help The Economy–Here’s Why (Video)

Tax cuts. The very mention of them sends shivers down conservative and progressive spines. Progressives take issue with their tax dollars helping to perpetuate a military industrial complex and subsidies to fossil fuel corporations, while conservatives and Tea Partiers rail against social safety nets like food stamps, Medicare, and Medicaid. The proposed budget Republicans unveiled last […]

Trump’s ‘Tax Reform’ Would Break Several Campaign Promises – Surprise!

Trump’s ‘Tax Reform’ Would Break Several Campaign Promises – Surprise!

Wednesday was officially “tax reform” day for President Trump and Congressional Republicans. Having failed to repeal the Affordable Care Act, the GOP is moving on to a measure which may not have any better chance of passing. During the 2016 campaign, Trump made lots of promises regarding taxes and what he’d do if elected. But […]

It’s True, Mr. President–Your Predecessor Left You A Growing Economy (Video)

It’s True, Mr. President–Your Predecessor Left You A Growing Economy (Video)

It might not appear so with all the controversy swirling around President Donald Trump’s nascent administration, and who knows how long it’s going to last under Trump, but according to Tuesday’s Census Bureau report, in 2015, the American middle-class and poor experienced the best year of economic improvement in decades. Two years ago, median household income was $56,500 compared […]

Equifax Offers Credit Monitoring After Massive Data Breach–But There’s A Catch (Video)

Equifax Offers Credit Monitoring After Massive Data Breach–But There’s A Catch (Video)

Whenever there is a security breach compromising sensitive information, corporations affected typically offer free credit monitoring services for a specified period of time. On Thursday, credit agency Equifax experienced a data breach that impacted at least 143 million U.S. consumers who had their birth dates, names, and addresses hacked, including 209,000 customers’ credit card numbers. Immediately, Equifax extended […]

Steve Mnuchin’s Wife Online (Not So Humble) Brag Brings Huge Backlash (INSTAGRAM)

Steve Mnuchin’s Wife Online (Not So Humble) Brag Brings Huge Backlash (INSTAGRAM)

Treasury Secretary Steve Mnuchin is famous for foreclosing on many people caught up in the 2008 housing crisis. He was even known as the ‘forclosure king’. He also managed to escape prosecution. Well meet his wife, Scottish actress Louise Linton. She likes to show off on social media. She likes flaunting her big designer brands […]

Workers At A Trump Golf Resort Are Furious With Deadbeat Donald (DETAILS)

Workers At A Trump Golf Resort Are Furious With Deadbeat Donald (DETAILS)

Throughout his career as a real estate developer, Donald Trump repeatedly refused to pay contractors who did work for him, or he paid them so reluctantly that it sometimes took years before they were reimbursed for their services. And now we have a report from the New York Times alleging that migrant workers from India, […]

Local Governments Raise Minimum Wage–Republicans Fight To Lower It (VIDEO)

Local Governments Raise Minimum Wage–Republicans Fight To Lower It (VIDEO)

Republicans love to tout “local control,” “states’ rights,” and “smaller government.” You’ve heard the talking points: “Let the states decide their own gun control laws.” “The federal government is not in the education business.” “It’s not the government’s job to provide for the poor. Let the churches do it.” The list goes on. But when […]

States Sue Betsy DeVos’ Education Department Over Delaying Student Loan Protections (VIDEO)

States Sue Betsy DeVos’ Education Department Over Delaying Student Loan Protections (VIDEO)

After a few months of relative quiet, U.S. Education Secretary Betsy DeVos finds herself once again in the headlines for her conflicts of interest with for-profit colleges. The Obama Administration set in place policies requiring the U.S. Education Department to investigate loan servicing companies’ past conduct before the government awarded lucrative contracts. Those contracts were required to include certain consumer […]

While Our Attention Was On James Comey, House Republicans Were Setting Us Up For Another Financial Crash (VIDEO)

While Our Attention Was On James Comey, House Republicans Were Setting Us Up For Another Financial Crash (VIDEO)

Thursday, while we were watching the shiny Comey testimony, the Republican-led House of Representatives was capitalizing on our distraction fomenting another 2008-style financial crash. House Republicans voted Thursday to pass the “Financial CHOICE Act” that begins the repeal process for Dodd-Frank, a consequential set of Wall Street regulations President Barack Obama signed into law to help […]

Dear Dr. Carson: Ignorance Is A State Of Mind, Too (VIDEO)

Dear Dr. Carson: Ignorance Is A State Of Mind, Too (VIDEO)

Ben Carson, the former presidential candidate, is a soft spoken intellectual. He is by all accounts a brilliant surgeon with gentle hands and a serene demeanor. Even so, sometimes he sounds like a complete idiot. The man who now serves as the Secretary of Housing and Urban Development (HUD) has a habit of making ignorant statements. […]

House GOP Bill GUTS Consumer Financial Protections (VIDEO)

House GOP Bill GUTS Consumer Financial Protections (VIDEO)

It should come as no surprise that when Republicans tell us they are protecting “freedoms,” they don’t mean ours.” When they claim to be holding Wall Street “accountable,” they’re concerned only with the “account” part. The new “Financial CHOICE Act” Rep. Jeb Hensarling (R-Texas) introduced last month shouldn’t fool us either. Being sold as financial reform […]

Betsy DeVos’ Conflicts Of Interest – She May Profit From The Student Loan Crisis (VIDEO)

Betsy DeVos’ Conflicts Of Interest – She May Profit From The Student Loan Crisis (VIDEO)

Due to her vested interests in financial institutions profiting from student loan debt, Education Secretary Betsy DeVos may be complicit when the next financial meltdown occurs. The Obama administration put in place policies requiring the US Education Department to investigate loan servicing companies’ past conduct before the government awarded lucrative contracts. Those contracts were required to include certain consumer protections, such […]

Education Secretary Betsy DeVos Is Creating A Financial Crisis For Students (VIDEO)

Education Secretary Betsy DeVos Is Creating A Financial Crisis For Students (VIDEO)

Student debt is economically crippling a generation of Americans seeking higher education. So what is Education Secretary Betsy DeVos doing about it? About what we would expect any other member of President Donald Trump’s cabinet to do: run right into the arms of exploitative loan providers and eschew policies the prior administration enacted to prevent predatory […]

The ‘Mythical’ Universal Basic Income – Could It Work In The United States? (VIDEO)

The ‘Mythical’ Universal Basic Income – Could It Work In The United States? (VIDEO)

Some countries in Europe and a few states here in the U.S. have experimented with universal basic incomes for its citizens. However, could this work across the entire country here? What Is Universal Basic Income? First off, a universal basic income is similar to Social Security in that everyone gets a fixed amount of money […]

Thought Your Student Loan Would Be Forgiven? Maybe Not, And Now You Owe Lots More In Penalties And Late Fees

Thought Your Student Loan Would Be Forgiven? Maybe Not, And Now You Owe Lots More In Penalties And Late Fees

In 2007, The Public Service Loan Forgiveness Program was enacted. This program promises to forgive the student loans of those who work in a variety of public service jobs. “The program generally covers people with federal student loans who work for 10 years at a government or non-profit organization, a diverse group that includes public school […]

Wait, What? Is Bernie Sanders Running The Federal Reserve Now? (VIDEO)

Wait, What? Is Bernie Sanders Running The Federal Reserve Now? (VIDEO)

It sounded like it could be coming from the mouth of Vermont’s famously progressive, Democratic Socialist Senator. The sentiment expressed by the President of the Federal Reserve sounded more like it was coming from one Bernie’s primary rallies than from the man in charge of the nation’s central bank. Nevertheless, in a press briefing in New York […]

Does President Trump Have A Mysterious Creditor Influencing His Decisions? (VIDEO)

Does President Trump Have A Mysterious Creditor Influencing His Decisions? (VIDEO)

President Donald Trump promised several times during the campaign to release his tax returns, but as everyone knows, he never did. But he did release a financial disclosure form as required by law for all candidates for federal office. That form revealed that Trump owes approximately $713 million to 16 different debtors. These debts, by themselves, obviously […]

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