For First Time in Modern Era, Living With Parents Edges Out Other Living Arrangements for 18- to 34-Year-Olds

Well, some people want the US to be more like Europe. So congrats. In Italy for instance it’s perfectly natural for 30 year old Giuseppe to live off of his parents. That’s the expectation in many cases and it is a reflection not only of a culture but of a poorer society and a less dynamic middle class.

That our president has promoted the below kind of post adolescent adolescence isn’t helpful either.

(From Pew Research)

In addition,

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The Anger of the Unprivileged Is Rising Globally

This goes nicely with the previous post.

People are waking up. They are using the information at their disposal. Do not take this information for granted.

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America: A Nation of Idiots (?)

I added the question mark to the headline.

I have to say that we do some pretty stupid things. We vote for people who take away our rights, who lie straight faced to us. We continue to prop a banking system which plays us for, well, idiots. We continue to let a political class act as it wishes even as it gives the rest of America the finger. We allow wars to be waged in distant places at great cost to life,

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“It is really crony capitalism…that has kept the human race poor over the millenia.” – Hunter Lewis co-founder of ACC (VIDEO)

Hunter Lewis is my partner at Against Crony Capitalism and he is someone everyone who cares about the issue of crony capitalism, Left, Right, up, down, whatever, should listen to and read. Attached is a recent interview that he did on the subject. I think you will find it very worthwhile. Enjoy.

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Janus’s Bill Gross: ‘Helicopter money’ is coming in a year or so

Manna from “heaven.” What could be better? Hurrah! Free money!

Consider that during Obama’s recent and brief economic legacy tour he was making the case that everything was great. Meanwhile Bill Gross, the legendary bond manager, is talking about dropping cash from the sky. This ain’t good. Gross knows that helicopter money is unwise yet he’s still somewhat advocating for it.

Yeah, things are peachy.

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‘Our economic system is designed to fail’ – Ron Paul

Indeed it is. Central planning always fails and make no mistake in many ways our economic system is “planned.” Not in the sense that it was planned in the Soviet Union but planned and controlled by the Federal Reserve through the manipulation of interest rates. The Fed creates malinvestment by trying to juice the economy. People over invest with cheap credit on office buildings, homes, cars, infrastructure projects and so on. Then when the reality of the economy hits this juiced economic situation failure occurs broadly.

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Buffett says if the government did THIS the Dow could hit 100K

Savers, you can forget about opting out of the stock market. If you want any kind of return you will get in the market and you will like it. So what if artificially repressed rates are crushing you? So what? Do you think you matter? Most of you savers will be dead soon anyway. You and your bank CDs. How quaint. Now pony up and buy some more stock grandma. Oh I’m sorry? You think there’s too much risk in the market?

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Enemy of the banks Andrew Jackson gone from the $20 bill, Replaced by Harriet Tubman, Friend of the banks Hamiliton remains on the $10 bill

We think Harriet Tubman isn’t such a bad choice. However, removing Andrew Jackson from the currency is a shame. He killed the first central bank of the United States, The Bank of the United States, and that is something for which every American should be grateful. He is in addition the only president who with the help of allies paid off the national debt.

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