Last week, a Reddit user posted a photo of a $114,000 student loan bill—paid in cash—that elicited thousands of comments and dozens more when we posted it here. Since then, the anonymous alum has stepped forward as Alex Kenjeev, a 2009 law school graduate of the University of Toronto. Kenjeev, who works for venture capitalist firm O'Leary Ventures, told Business Insider the $114,000 payment was the last chunk left of $190,000 in loans he took out during school. He'd spent years dragging out his payments while pouring most of his income into a start-up. As for why he paid in cash, Kenjeev said he wasn't proving some point about the dangers of credit cards or trying to show off. He just thought it'd be really ... Continue reading →

Last week Glenn Beck discussed the all-encompassing reach of the Nanny State as local officials have been cracking down, not on gang violence or organized crime rings, but on enterprises as innocent as children’s lemonade stands and bake-sales. Whether America’s youth are selling their refreshments for charity, school-funds, or simply for their own mad-money and enjoyment, bureaucrats seem to be hyper-focused on dismantling what was once a cornerstone of the American experience. If it sounds too outrageous to be true, consider the following stories from around the country and listen to Glenn Beck explain why Big Government tactics like this will only serve to weaken the next generation’s work ethic and make them more reliant upon government (clearly, the intended goal). In Massachusetts schools, bake-sales ... Continue reading →

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