In Argentina, as in America, there is an elaborate system of social insurance designed to protect the working class.
The economy is no better than it was under Barack Obama. And that ‘blazing’ growth? It’s actually less than the growth rate through the Great Depression!
Yes, there is an ‘us versus them’ that is real. But it’s got nothing to do with Republicans – Democrats, Black – White, Protestant – Catholic, US – Mexico.
Why would taxes on the rich suddenly be so popular? Easy…the middle classes think they’ve been cheated. Many thought Donald J Trump would set things right. Now they look to the tax code.
Tax revenues, deficits, negative interest rates — it all goes to the same place: wherever the Deep State deciders want it to go.
I’m in New Plymouth, on the west coast of the North Island of New Zealand (NZ). The bolthole search continues. You’ll find more on that below.
Americans are now among the most heavily policed people in the advanced world. There were three federal crimes in 1789; there are more than 4,000 today.
What kind of a Commander in Chief would describe brave and heroic achievements from more than half a century ago, but lack the courage to confront an ongoing pattern of wasted lives and wasted trillions?
Americans seem to be getting on board the ‘tax the rich’ train faster than they can sell tickets for it. Envy is readily disguised as ‘virtue signalling,’ and larceny is easily confused with reducing ‘inequality.’
What happens to the money the feds tax away from the elite? Where does it go? Back to its rightful owners? Does it boost working-class wages?
Government, always and everywhere, is a way for the few to exploit the many. Modern democracy depends as much on fraud as force. Elite conquerors pretend to respond to the ‘will of the people.’
Stocks advanced a little yesterday. Investors were said to be hopeful about the upcoming trade talks with the Chinese. With a little luck, President Trump will talk to Chinese President … Read More
In the Standard and Poor’s Global Financial Literacy Survey, New Zealand was placed 11th in the world for financial literacy, with 61% passing the test. That still leaves a lot of room for improvement.
We were waiting for the big Fed announcement on a rate hike. But what happened? No trumpets. No bells. No heralds. None came.