AMZN and Student Loans

1. AMZN is fine. Apple had a strong earnings report. The market as a whole is not. Unless you are over        the age of 65 and need the income flow, invest in VOO. Over the next 20-30 years, your future self will     thank you.

2. The US Government is implementing a "disinformation team" like something out of 1984. 

3. Student loan crisis continues to be a talking point. You can not cancel that debt. Forget the people saying "just cause you paid doesn't mean others need to suffer" or "they need a break so their life isn't ruined". Here are a few points:

    1. There is no difference between this debt and others. If an 18 year old took out a loan to start his own         business and fails, he has to pay the bank. There is no difference between an 18 year old starting a            business and a student. 

    2. "Education" in its current state is garbage. It is a resume-builder, not a knowledge revolution. When

         a degree matters again and skills are learned, then we can discuss value. But it is currently just an             excuse to party, be away from parents, and fund professors 6-figure salaries.

    3. Students who walk away from college with tons of debt usually choose meaningless degrees and did         nothing to work to pay it off while they were in college. Again, college has become the social                    experience rather than what it was intended for: advancement intellectually.

The solution is easy, get the government out of the loan process and rely on colleges to give them out. If the student isn't picking a degree with future value (finance, real estate, medicine, nursing, etc.) do not give out the loan. If the college has to analyze their students as loan borrowers, then watch how fast the crisis is gone. Governments screw up making a ham sandwich so why did you think they can handle a $1.6 trillion bubble?

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