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
Trump’s Capitalism Goes on Trial—Part 2
In a single week in March 2019, Americans were treated to an unprecedented college admission bribery scandal, the lenient sentencing of Trump’s campaign manager on tax evasion, and Republican plans to cut the pensions of thousands of federal employees, accompanied by proposed decreases in Medicare and Medicaid budgets. These
U.S Chamber of Commerce Sees National Political Mood Shifting—Asks Congress to “Govern from the Center”
In a dramatic departure from its past, the nation’s most reactionary, conservative and largest business lobbying group is responding to changes in Washington and calling on Congress to work together and “govern from the center.” In an NPR radio interview today, the chairman of the U.S.
Wall Street’s Shady Financial Activities Still Continue
Some of the biggest financial institutions and trading firms on Wall Street are incorrigible. A decade after the 2008 market crash, some of Wall Street’s largest trading firms continue to operate in the shadows, manipulate markets and re-write the rules of swaps payments when they have the
