Obama’s bill to overhaul federal student lending and channel about $80 billion in savings for education initiatives has stalled in the Senate. After 4 months of sailing through the White House, it is now stuck there. Last Wednesday, Obama tried to address this and exhorted the Senate to finally pass the bill. He is convinced [...]
Archive for January, 2010
Student Loans: Is The Next Wave of Financial Meltdown Coming?
January 28th, 2010 
Elisheva Wiriaatmadja 
Posted in 
Exposing the US Economic Recovery Lie
January 27th, 2010 Elisheva Wiriaatmadja It is still amazing to see how there are still a lot of professionals who are not yet willing to admit that we have been in a depression for the past year. But if we understand the position that many of those professionals are in, you will be able to see why the American people [...]
Obama’s New Student Loan Repayment Plan — Saving Students, Drowning The Nation?
January 26th, 2010 Mike Dammann Great news may come for millions of students in the US. A plan proposal to cut student loan payments will be made by Obama, according to the White House on Monday. In this plan, Obama will propose:
Introducing 2010′s New Economic Giants: China and India!
January 22nd, 2010 Elisheva Wiriaatmadja After every depression, there is a shift of economic power happening. The last depression that hit the world in 1928-1929 caused a shift of economic power from Europe to the United States. Economic analysts say that what we are facing now is not only a recession but probably the greatest one after 1929. The meeting [...]
Student Loan Reform: To Help Students Or To Enrich Government?
January 21st, 2010 Elisheva Wiriaatmadja Sallie Mae just recently made an announcement that in the fourth quarter which just ended Dec 31, 2009 it reached a core earnings basis of $249 million. Chief Executive Albert L. Lord also hoped that earnings in 2011 will be higher than 2010. I guess it is ‘bravo, Sallie Mae’ – while America’s future is [...]
Robert Kiyosaki: US turned into a Zombie Nation
January 13th, 2010 Elisheva Wiriaatmadja Regarding the current national debt that the US is carrying, Robert Kiyosaki, author of “Rich Dad, Poor Dad” and a successful real estate investor, said that national debt and federal deficit will continue to increase. This is thanks to Fed Chairman Ben Bernanke who is so much more interested in saving his own little rich [...]
China to Overtake The World – The West Fears the Dragon
January 11th, 2010 Elisheva Wiriaatmadja Just before New Years eve last year, China’s vice-minister of trade, Zhong Shan, declared that China will be continuing to increase its share of world exports. According to figures released on January 11th, showed that China’s exports in December were higher than a year before after 13 months of declines. In 2009, China’s exports decreased [...]
Gold Bubble Does Not Exist!
January 9th, 2010 Elisheva Wiriaatmadja Recently I found a website that listed the top 10 bubbles in the making. In the number 3 spot, the website listed gold bubble as its price has gone up the past few months over $1,100 an ounce. The problem is, the US mass and financial media does not want you to know something…
