A video about how the United States Government invests tax revenue in Myself IOUs, also known as "Special Issued" Treasury Bonds and Intragovernmental Transfers, that explains why there are no real assets inside our public trust funds.
Updated: Dec 27, 2019
In 2017, Nathan Pensinger had a five-organ transplant; his life is forever changed. In addition to factoring in unexpected medical and medication expenses, he must now pay back the student loans that have ballooned during his medical ordeal. At the exact time Nathan was trying to heal from his surgeries, Career Education Corporation (Ticker: CECO) was settling a $500 million lawsuit brought on by 48 state attorney generals for improper marketing and student-loan sales practices. Unfortunately, his loans weren't included in the settlement because Bank of America owns them and he is not eligible for government protection because his loans were private, not federal. Go Fund Me Link