From Charles Hugh Smith at Of Two Minds: What does it take to be middle class nowadays? Defining the middle class is a parlor game, with most of the punditry referring to income brackets as the defining factor. People tend to self-report …
https://www.youtube.com/watch?v=2HD-B416bUE MAN AT RALLY SHOUTS TO ROBERT “BETO” O’ROURKE, “YOU’RE LUKE SKYWALKER!” Can we tone down the violent rhetoric, America? I’m no O’Rourke supporter — I just think it’s wrong to compare a man to a communist-inspired slave-owning religious terrorist fanatic who’s killed hundreds of …
From Robert Kiyosaki at the Daily Reckoning: Last December, Congress passed the largest U.S. tax system overhaul in more than 30 years—a $1.5 trillion tax cut, but America’s middle class will see less than a quarter of the savings under the legislation. …
by Michael Snyder We have repeatedly been told that the U.S. economy is “booming”, but meanwhile the middle class in the United States continues to be hollowed out. The financial bubbles that the Federal Reserve has created have been a great …
by howmuch Here’s a startling fact: 1 million people defaulted on student loans last year. It’s hard to overestimate the impact of student debt on the economy. It makes young people delay all sorts of major life events, from buying a home to getting married andhaving …
When I was in graduate school, I learned a lot about the Left. One lesson was that while most liberals and conservatives abide by society’s rules of order and decency, most leftists do not feel bound to live by these …
By Harry Dent Right now, the American dream of owning a home is getting further and further out of reach for much of the middle class. And as this historic real estate bubble grows even larger, middle-class households all over the country …
by Charles Hugh-Smith Want to understand the full scope of neofeudalism in America? Follow the money and the power and privilege it buys. The repugnant reality of class privilege in America is captured by the phrasedate rape: the violence of …
by Brian Maher of Daily Reckoning Today we bear dire news… Millions of Americans may have to delay retirement for years — if not permanently. Like a squirrel facing a long winter with a lean stash of acorns… 80% of American …
by David Robertson Here we are, ten years after the bankruptcy of Lehman Brothers, and one would be hard pressed to find evidence of meaningful lessons learned. “As long as the music is playing, you’ve got to get up and …
by Ron Paul of Ron Paul Liberty Report Gold is money, despite the propaganda saying otherwise. Don’t be the last to know this important fact. Ron Paul discusses on today’s Liberty Report!
By Harry Dent In San Francisco, a household now needs an income of $188,000 to afford rent for the average two-bedroom house or apartment with 30% of the household income spent on housing. The problem is that the median income is …
IT’S KAFKAS ALL THE WAY DOWN: Smith College investigates employee for following its own procedures on ‘suspicious behavior.’ Report all incidents, ‘no matter how insignificant’ If you see something, say something. It’s not only an annoying but toothless order from the …
via MarketWatch: After spending his days teaching AP American history and economics at the public Live Oak High School in San Jose, Calif., Matt Barry drives for Uber. Barry’s wife, Nicole, teaches as well — they each earn $69,000, a …
UNEXPECTEDLY: Millionaires Flee California After Tax Hike. Prop. 30 raised the state’s top income tax rate by more than 29%, increasing it three percentage points from 10.3% to 13.3%, which is now the highest state income tax rate in the nation. …
by David Haggith No, the Trump tax breaks for major corporations are not going to bonuses and wage increases. Sure we’ve seen some token $1,000 bonuses go out to laborers with hyuge orchestrated fanfare. The stint of articles you saw all over …
by themeanbeaver *James Comey *Huma Abedin *Hillary Clinton *Eric Holder *Andrew McCabe *Anthony Weiner *Loretta Lynch Many whistleblowers and good people have gone to jail for mishandling classified information but all these people at the FBI and the State Department …
His comparison of illegal immigrant children to the children of US citizen prisoners is right-on. The majority of American citizens behind bars have kids they have left behind. Their families have been separated by force by our justice system because …
https://www.justice.gov/file/1071991/download Whoops, full quote: 11:02:22, FBI Employee: “All the people who were initially voting for her would not, and were not, swayed by any decision the FBI put out. Trump’s supporters are all poor to middle class, uneducated, lazy POS …
https://www.youtube.com/watch?v=2iL-2nfHvYM Our health insurance is more than our mortgage. AC
https://twitter.com/StockBoardAsset/status/1004831587899527168 Consumption trends via Google searches. Interesting concept. https://twitter.com/TeddyVallee/status/1004485062199570435
https://twitter.com/HayekAndKeynes/status/1003671676989689857
by Michael Snyder If your family is really struggling right now, you are far from alone. I have been publishing The Economic Collapse Blog for more than eight years, and all throughout that time I have seen the middle class in America get …
https://twitter.com/OccupyWisdom/status/998911405377163264 https://twitter.com/OccupyWisdom/status/998719104725942272 #Millennials haven’t saved 2 years’ salary — they’ve saved 1 week’s worth and have leveraged to the hilt! But #Stock, #Bond & #Property prices can only go up, right? When these asset bubbles explode, What could possibly go …
I drive down the streets every day and see Ferrari’s, Lamborghini’s, McLaren, Rolls Royce, Bentley, and more. They’re everywhere! But then I see homeless people’s tents setup all over the city in every nook and cranny. What’s going on here? …
by stockboardasset Even though the stock market trades at near record highs, joblessness suppressed at decade lows, and corporate buybacks/profits booming via Trump’s tax reform, poverty is exploding all over America. One of the primary objectives of the Federal Reserve’s monetary policy of …
http://collectiveactionquebec.com/upload…m.docx.pdf Latest petition for class action status^^^^ Quote:PETITIONERS RESPECTFULLY SUBMIT[…]: 1. Petitioners Marcel Durand, Evelyn and Myles Mahon […] wish to institute a class action on behalf of the natural persons forming part of the class hereinafter described, of which …
Why isn’t anyone talking about the pension funds that have been cut before and will be cut again? Mainstream media, forget it. Governments, forget it. But even the alternative news barely touches it. For such a big issue, it’s quite …
by visualcapitalist Is the commodity supercycle coming back from the dead? For now, such a claim could perhaps be considered both bold and premature – but there does seem to be some compelling evidence that is mounting to back it up. …
