The Bush Economy is defined by corrupt practices. Cleaning up the country from these practices costs money and jobs affiliated with the corruption.

I am not surprised there is increasing unemployment, most of the economy over the past eight years should never have existed. It is going to be a slow recovery for many, many reasons. Just because corruption is illegal doesn't mean it doesn't contribute to the economy. It does. When enough people in power are on 'the take' it all seems legitimate.

These activities prevented legitimate businesses from conducting their activities. There is a chance those businesses were driven out of business or into bankruptcy because of the corruption that took their ability to conduct business away. It isn't funny.

Regenerating a legitimate economy in the USA requires destroying the corruption that has resulted in all kinds of issues.


Iowa Student Loan Liquidity Corp. opened their new College Planning offices on S. 68th St. with the help of Chamber Ambassadors on Jan. 16 (2007).

Iowa Student Loan to pay $16 million penalty (click title to entry - thank you)
Penalty for making improper payments to ISU Alumni Association
By James PuseyStaff Writer
Published: Tuesday, October 6, 2009 11:17 AM CDT
Iowa Student Loan is being penalized nearly $16 million for making improper payments to the Iowa State University Alumni Association between July 2005 and June 2008, according to a report from the U.S. Department of Education.
The report quoted an Affinity Agreement between ISL and the alumni association that stated that ISL, a private, nonprofit lender, would pay a total of $45,000 in annual fees and application fees ranging between $25 and $70 per student applicant, based on the number of students applying for loans.
“Essentially, Iowa Student Loan was paying the alumni association an inducement to steer loan business in this direction in a way that the U.S. Department of Education has found to be improper,” State Sen. Herman Quirmbach, D-Ames, said.
Quirmbach, who also teaches at ISU, said this is not the first time Iowa Student Loan has had problems with payments it has made to the university. In 2007, the Des Moines Register reported ISL had given payments directly to the university financial aid office for directing students to its private loans.
The current findings show payments paid to the university through the alumni association based on the placement of consolidated loans, Quirmbach said....