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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12 Aug 2019

Progressive Solutions Can Reduce American’s Financial Stress

      A new survey by Cerulli Associates finds that workers are reporting they have major concerns about their financial futures. This report, sources of Financial Stress by Cerulli, says “a survey of 1,500 401(k) plan participants it conducted in the second quarter of this year (2019) found that

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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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19 Feb 2019

Kamala Harris and Now Beto, Falter and Become Defenders of Capitalism

        UPDATED, MARCH 14, 2019–In his announcement today saying he was entering the 2020 presidential race, Congressman Beto O’Rourke (D-Texas) dispelled his maverick image by saying he was a capitalist. In his announcement, O’Rourke, who has few legislative accomplishment to tout, said “”I’m a capitalist. I don’t

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14 Dec 2018

Groundhog Day in the Financial Industry: Why the Retirement Crisis Is Now Permanent

      On a regular basis, some of the largest investment firms in the industry conduct surveys about the state of retirement, individual investor attitudes and their preference about what they would like from their financial advisor or investment firm. These surveys are often statistically rigorous and authoritative, so

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27 Nov 2018

Trump’s Capitalism Goes on Trial

The Mueller investigation is not only an indictment of Trump and his family, but of any entire economic system. No wonder people are looking for new economic alternatives. Americans have developed an odd fascination with wealth. Most are not sure how vast amounts of money are accumulated and when it

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18 Aug 2018

The Progressive Economic Agenda Courtesy of Senator Sanders

      While economics is a cornerstone of the progressive agenda, many people, including some in the DNC, don’t know the specifics of how changes in the economic and financial systems can benefit Americans. Money drives politics, so it is in the interests of informed investors to know how

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10 Aug 2018

More Fee Pressure on Advisors Raises Questions About the Value of Financial Advice

The recent decision by Fidelity Investment that it will not be charging any fees for certain index funds through its Fidelity Zero Total Market Index Fund for US stocks and the Fidelity Zero International Fund for stocks outside the U.S. raises some important questions for both advisors and investors. The main

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08 Aug 2018

Retirement News Worth Reading

Retirement and financial security are issues that are not often discussed by the general news media and most politicians (except Progressives), but these are major events affecting people worldwide. In the U.S., here are some retirement-related news events worth noting: Americans Not Saving Enough for Retirement; 40% Have Saved Nothing

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