United States

With Dora Mekouar of VOAnews

9 of 10 Largest US Occupations Pay Miserly Wages

Of the 10 largest occupations in the United States, only one - registered nurse - makes more than the national average when it comes to all U.S. jobs.

Nurses make $69,790 annually while the average U.S. worker makes $47,230, according to the Bureau of Labor Statistics. The bureau’s Occupational Employment Statistics program provides employment and wage estimates for more than 800 occupations nationwide.

That the student loan bubble is one of the many "subprime" crises (because as of this moment there are just too many asset bubbles to count thanks to 7 years of global ZIRP, NIRP and QE) has been documented here ever since 2012. We also explained that the main reason for soaring college costs is the cheap and easily accessible government-funded student debt, which at last check was over $1.2 trillion and rising exponentially. 

Regular readers are no doubt familiar with The Pentagon’s ill-fated “train and assist” program for properly “vetted” Syrian rebels. 

The program was announced to quite a bit of fanfare - and quite a bit of ridicule due to the burgeoning debate over what counts as a “moderate” fighter - back in May and the idea was to field a group of fighters 5,400 strong by the end of the calendar year. In all, the effort was set to cost US taxpayers some $500 million. 

Submitted by David Stockman via Contra Corner blog,

Yellen said at least one thing of importance last week, but not in a good way. She confessed to the frightening truth that the FOMC formulates its policies and actions based on forecasts of future economic developments.

Submitted by Patrick Buchanan via Buchanan.org,

“I worry greatly that the rhetoric coming from the Republicans, particularly Donald Trump, is sending a message to Muslims here … and … around the world, that there is a ‘clash of civilizations.'”

So said Hillary Clinton in Saturday night’s New Hampshire debate.