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
Capitalism is in Trouble, But Few Want to Admit It
One of the key messages of the 2020 election is that capitalism is in trouble and is not working for millions of Americans. From the wealth gap to unchallenged monopolies to wage stagnation, it’s clear that the corporations have taken over the nation. This is what allowed the corrupt Trump
Progressives Have the New Ideas in Tonight’s Dem Debate
This evening’s second Democrat presidential debate will feature the two leading progressive candidates against other more conservative contenders on a range of policy issues. But the progressives–Bernie Sanders and Elizabeth Warren–have set the direction for the policies being addressed by the others, especially in the areas of
Why the U.S. Political System Is Corrupt and How To Fix It
Here is why the U.S> political system became so corrupt, and how it got a corrupt businessman elected president of the U.S.
A Sad Snapshot of U.S. Household Income Distribution
How bad is the wealth disparity in the U.S.? This chart should help explain it.
The Real Measure of American Prosperity: Retirement Security
Political commentators and the financial media are breathless over the latest economic numbers showing the lowest jobless rate in 49 years, but there is a big problem: These are quarterly, short-term numbers, and they do not indicate the financial health of the average American. If they
Divide and Conquer: An Old Political Technique to Destroy Democracy
Don't Be A Sucker: An Old Message For A New Era Don't Be A Sucker: For some, these are the words of an imploration to those that are otherwise gullible. Do not be fooled. Made in 1943, this film, produced by the U.S. Department of War, addresses the
The Average Guy’s Reaction to the Muller Report: No Justice
When something very newsworthy happens, people are re-awakened. That happened when Trump was elected. It has been downhill ever since. Since Trump’s election, Americans have been exposed to a lifestyle of the sociopathic, unrepentant and venal. Worse, too many Americans now see this as the new
Jamie Dimon Shows His Sense of Entitlement; He Is No Average American
JP Morgan CEO Jamie Dimon (salary: about $21 million annually) knows a lot about banking, but not much about how average people manage their finances, including a minimum wage teller who works for his bank. In this interesting video exchange, Dimon is dumbfounded when asked how
When Financial Advisors Lack Political Sense, Fire Them
A new survey from the Insured Retirement Institute (IRI) found that 55% of Baby Boomers had retirement savings today. In 2011, the study found that 75% of Boomers had retirement savings. Worse, among this current group, 50% have less than $250,000 in retirement accounts. Depressing surveys
