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Man arrested by U.S. Marshals over student loan default

When you think of the kind of fugitives U.S. Marshals routinely pursue at behest of the federal court system, you may picture dangerous international criminals, prolific bank robbers or ruthless murderers. But you’d probably be surprised to learn that the federal law enforcement agency is sending heavily armed officers to drag people into court over delinquent student loans.

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Markets ignore fundamentals and chase headlines because they are dying

Ever since the derivatives collapse of 2008 the public has been regaled with wondrous stories of recovery in the mainstream. These are grand tales of the daring heroics of central bankers who “saved us all” from impending collapse through gutsy monetary policy and no-holds-barred stimulus measures.

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Big Government Creates Political Polarization

We’ve heard it said that politics is more polarized today than in the past. If that’s true (and I’m not sure it is), big government is likely to blame. I recently noted that politics creates conflict. Bigger government creates more conflict. Smaller government tends to focus on activities that meet with widespread agreement. Most…
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Scalia’s death makes 2016 about gun control

Justice Antonin Scalia’s opinion in the landmark Heller case has served to bolster 2nd Amendment rights. But with his passing, liberals have new opportunities to exploit certain language in the ruling. For conservatives, that means there’s never been a better time to mobilize single-issue gun rights voters.

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Congress may finally have to get smart about the Fed

It is so apparent that the Federal Reserve is out of options to force another artificial economic turnaround that lawmakers and Fed Chair Janet Yellen are having serious discussions about the prospect of negative interest rates. That’s bad news for the economy and any hope of a more sensible financial future in the U.S.

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