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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22 Oct 2019

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

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30 Jul 2019

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

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25 May 2019

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.

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24 May 2019

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.  

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05 May 2019

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

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13 Apr 2019

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

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09 Apr 2019

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

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14 Mar 2019

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

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07 Mar 2019

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.

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