Europe

Will this be the way Europe works towards a solution?
I would not be surprised.

From Pragmatic Capitalism:

I’ve lived in Europe. I haven’t said much about this, but while others were calling for the disintegration of the euro – mostly from Americans not so familiar with the “European way” (Gartman, etc) – I believed this process was part of the plan all along. The standard European bureaucratic M.O. is to implement as much law as the people will allow for the moment, wait until an emergency develops, then continue the law you wanted to create in the first place, or at least another step of it. That’s how it works over there. I’m certain the central plan from early on was to consolidate treasuries, etc. But the people wouldn’t go for it at the time. Nationalism and such. So they needed to wait until a situation “forced their hand”. European politics, IMO, is much easier to read than American politics, which seem to sway in the wind every four years or so; I guess that part of it is predicable. Not that the European way is guaranteed to work or anything, just that there seems to be a consistent methodology to how policy happens over there. At some point in the future a situation will force them to combine military commands, too. But that’s much later. Europe is much more top-down controlled than the USA, it’s just fairly well hidden. Only those plucky Brits really fight against it. They’re like Europe’s Texas.

Student loans

Buried!

Posted By thestatedtruth.com on September 18, 2011

We have literally buried our young college students with a debt burden that will change their lives for decades. But nobody’s paying attention as the colleges need every penny they can get. Looking at the chart below, it’s shocking to see that student debt has almost quadrupled in less then three years! Shocking!
The unemployment rate for people aged between 20 to 24 years was 24.5% in August, up from 23.1% in July. The unemployment rate for this population range averaged 15% from 2002 through the end of 2007. However, as the labor market continued to struggle, the unemployment rate for persons between 20 and 24 years of age rose to 25.7% in November 2009 and has remained elevated over the past two years. Not to mention that the unemployment rate for the civilian labor force has been above 9% since May 2009. Additionally we suspect the increased cost of tuition is forcing students to take out larger loans in order to pay for rising education costs.

Raise The Debt Ceiling Rap