By Robert Carbery The GOP’s tax reform bill passed through the House of Representatives for the second time this week on Wednesday by a vote of 224-201. Once passed by the Senate, the bill will be sent to President’s Trump’s …
Exuberant stock market, disappearing middle class, history repeats itself [ A 32-year-old mother of 7 children called Florence Owens Thompson, Nipomo, California. February 1936.] One in five American households have ‘zero or negative’ wealth U.S. homes have regained value since …
by Doug Kass I have argued that risk is under-priced because in large measure of the structural changes in the markets and participants positioning. Risk is an ever-present condition that cannot be eliminated, though it can be shifted through time and redistributed …
by Ruby Henley When they speak, they always tell us to save more and rely less on Social Security. Pushing the narrative that Social Security is struggling with its own issues, be smart and prepare for the future by saving …
By Michael Snyder When people are dependent on the government they are much easier to control. We are often told that we are not “compassionate” when we object to the endless expansion of government social programs, but that is not …
by howmuch The national conversation in the U.S. is focused squarely on improving the lives of people in the working class. The debate revolves around exactly how to do that. Politicians and pundits have all sorts of ideas, from efforts …
by Ruby Henley If you are a Trump supporter, are you sick of being called names such as “racist,” or “radical terrorist?” San Diego Attorney, Joni Turner, has just made a huge announcement live on periscope via Twitter saying she …
https://www.youtube.com/watch?v=qPywjzmMJvI Alejandra Moedano for What’s Trending reports, YouTube creators ZombieGoBoom are leading a class-action lawsuit against YouTube, claiming the streaming service intentionally demonetized and removed creator content in order to appease advertisers. Read More/Source/Credit(FAIR USE): http://whatstrending.com/trending-now… Be sure to visit …
By Michael Snyder Have you lost your spot in the middle class yet? For years I have been documenting all of the numbers that show that the middle class in America has been steadily shrinking, and we just got another …
Josh Sigurdson talks with author and economic analyst John Sneisen about the indefensible destructiveness of the IRS (Internal Revenue Service) as it’s been a cancer on the American people since 1913 when the IRS Act was passed around the same …
by Michael Snyder The middle class in America has been shrinking for decades, and our leaders seem powerless to do anything about it. Two years ago, the middle class became a minority in this country for the first time ever. …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Oh, and the unintended consequences of trying to regulate a monster. Economists at the New York Fed included this gem in their report on a two-day conference on “Derivatives and Regulatory Changes” since the Financial Crisis: …
Via Visual Capitalist When future historians look back at the beginning of the 21st century, they’ll note that we grappled with many big issues. They’ll write about the battle between nationalism and globalism, soaring global debt, a dysfunctional healthcare system, …