19 Nov 2019

Obama Goes From “Yes We Can” To “No We Can’t”

      One indicator that the Democratic Party is very tepid about making the needed changes to the current broken political, economic, health care and judicial systems has now come directly from former President Barak Obama. In a Nov. 17, 2019 speech before wealthy donors in Washington DC, Obama

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19 Nov 2019

Millennials Suffer Another Big Blow Towards Building Retirement Wealth

    First, there was significant student debt, then jobs that didn’t pay a living wage,  job insecurity and the rise of the gig economy. The net effect of all these factors is that millennials now say they will be renters for years, some say forever. Even worse,  this will

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05 Nov 2019

More Bad News About Income Inequality–Half of Americans Have More Debts Than Assets

          The story of income inequality and wage stagnation is now a core element of the Democratic candidates’ policy platforms, but a new report from the Federal Reserve paints and even more damning description.  In this article from The People’s Policy Project, author  Matt Bruenig found

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05 Nov 2019

Carried Interest Helps Explain Jones’ Buttigieg Endorsement

  Nothing smacks of self-interest better than a rich person trying to defend their wealth. Self-interest is as old as human and animal DNA, so it is no surprise that it’s still a paramount concern today. It also is no surprise that self-interest among the very rich plays a role

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03 Nov 2019

A Message for Evangelicals: Being Wicked Carries a Heavy Price

        “…and the wicked are destined for the day of evil.” –Proverbs 16:4

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26 Oct 2019

More Retirees and Millennials Moving Overseas

        Our country! In her intercourse with foreign nations, may she always be in the right; but our country, right or wrong. — Stephen Decatur, U.S. Navy captain, (1779-1820) The United States may always be right, but sometimes people decide they want to watch what is happening

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01 Oct 2019

Reasons Why People Like Irrational Trump and Celebrity Fraud     

  Americans love celebrities. They also love celebrity fraud. How else can we explain why Trump’s hard-core Republican “base” continues to support him, despite his near-insane tweets and abysmal record in leadership, legislative success, policy formulation, and implementation. It’s also worth noting that if die-hard Trump supporters really respect their

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05 Sep 2019

He Has Mental Problems: The Simple Explanation for Trump’s Hurricane Map

    As usual, the media is falling all over itself to explain how Trump said Alabama was a possible target of Hurricane Dorian as it moved north- northwest skirting the country’s eastern seaboard.  As this photo shows, Trump used a black magic marker to extend the hurricane’s path farther

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03 Sep 2019

Canadian Middle Class Has Higher Living Standard Than Americans

Here is an old joke about Canadians: How do you tell the difference between a Canadian and an American? The Canadian has free health insurance and does not own a gun. Now, a recent article on Bloomberg says the difference between middle-class Canadians and Americans shows more differences between the

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16 Aug 2019

When a Huge Firm Admits It Has No Solution for the Retirement Crisis

      In a short, but illustrative “thought leadership” report from Prudential, the $1.4 trillion in asset insurance and retirement planning firm, three major sources of financial stress were identified as affecting the future financial security of millions of retirees. The report, Preparing for Longevity: Overcoming Financial Wellness Challenges,

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