Dave Brat’s rout of the soon to be former House Majority Leader Eric Cantor is ample evidence that there are many decent hardworking Americans who are completely fed up with government policies that not only don’t make sense but offend basic concepts of morality and virtue. The establishment Republican party seems to have lost touch […]
What Does Dave Brat Think About Preferential Immigration Treatment for Sexual Deviants?
Are You Rich? – Only 12 Million Extremely Elite People On Planet Earth Are Millionaires
Any one with more than $1 million of assets (not counting equity in a primary residence) belongs to an extremely elite group of individuals. According to the Economist, there are 12 million “high-net-worth individuals” on planet Earth, an increase of one million since 2011. The combined wealth of this small group of people weighs in […]
Have Your Assets and Net Worth Increased Since 2005?
Have your assets and net worth increased since 2005? According to the Federal Reserve, if your assets and net worth have not increased, you probable have a balance sheet dominated by housing, are in a lower income group, a member of a minority and have a lower than average educational attainment. As seen in the […]
Federal Workforce, Earning Twice What The Private Sector Makes, Fears Sequester
Federal workers, who have been immune to the hardships and layoffs that besiege the private sector, are worried that looming budget cuts may result in reduced paychecks come March 1st. Federal furloughs seem more and more likely as a disgusted nation and frustrated workers count down the days until March 1, when across-the-board budget cuts known […]
Achieving The “American Dream” Is A Fantasy For Many – How Do You Measure Up?
A recent study by The Pew Charitable Trust concluded that the current generation has little to look forward to in achieving the “American Dream”. In fact, fewer that one-third of Americans can expect to exceed the level of wealth and income achieved by their parents. This depressing study, entitled “Pursuing the American Dream” probably only […]
Why Losers Prefer Socialism
A recent poll of Americans under 30 revealed that one third expressed a preference for socialism. The educational and income characteristics of those polled was not detailed so like every poll, the results can be interpreted differently. I suspect, however, that those polled construed the meaning of socialism to be “sharing the wealth, regardless of […]