Baby boomers still get their “news” from TV (Infographic)

TV news is terrible. MSNBC, Fox, almost all of it is ridiculous and just feels like propaganda these days. (I mean, Brian Williams is back on TV. ) This is one of the reasons why TV news has been abandoned by so many. I can’t remember for instance the last time I watched a broadcast of a “nightly news” show. (Maybe when I was visiting my mom earlier this year.) However, older folks continue to cling to the boob tube as a legitimate source of news.

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The vast generational divide at this year’s CPAC

A great report. I certainly saw this first hand at CPAC this year. Liberty (generally) is what drives today’s young “conservatives.”

And it’s not entirely generational. I think many of the older folks are coming along, just fewer of them in relative terms.

I didn’t see many Huckabee 2016 signs that’s for sure.

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Have the young simply figured out that houses aren’t that good an investment? (Video)

Houses, at least most houses, really aren’t that good  an investment. Don’t get me wrong, I own a house. I’m rooting for a housing recovery. And I know some people are upside down on their houses and are hoping to get back above water sometime this decade. They don’t want to believe that their largest asset really isn’t that great an asset. But alas, in many cases, perhaps most, this is true.

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Yep, Being a Young, American Adult Is a Financial Nightmare

Source: Atlantic Magazine

More unemployed. More in debt. Fewer prospects. A more regulated economy which creates fewer jobs. Along with the increasingly regulated economy the blooming of the American crony capitalist system. There is no doubt about it the young are absolutely getting the short end of the economic stick these days.

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Hedge fund manager Stan Druckenmiller has a message for young people: “Don’t let your grandparents steal your money!”

Every time I write about the need to reform Social Security people freak out. Suddenly supposedly small government folks fly into a rage at the idea that Social Security must be curtailed for the good of the country.

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