Dec 30 2014

Standard American Retirement plan equates to flying by the seat of your pants: The majority of older Americans rely on Social Security as primary source of retirement income.

Social Security keeps half of elderly Americans out of poverty.  You need to recall that many older Americans came of age during the 401k cult worship of Wall Street.  Greed is good as portrayed in the movie Wall Street. Stories developed as a sign of caution actually drove many to aspire to become financial mavens […]

Dec 26 2014

92.4 million Americans not in the labor force: The continuing trend of one-third of Americans supporting the other two-thirds.

92.4 million Americans are considered to be “not in the labor force” officially.  This number is incredibly high and is a large factor for the drop in the employment participation rate.  While many older Americans are winging it when it comes to retirement, one-third of the private workforce is supporting two-thirds of the population.  Part […]

Dec 20 2014

Dollar Store Nation: Largest percentage of Americans on food stamps while stock market disconnects from working class Americans.

While the stock market whipsaws like a rollercoaster, many Americans only see one tiny benefit to their bottom line.  The massive drop in oil prices will add a few extra dollars into the wallets of Americans just in time for the holiday shopping season.  Many will only have the budget to shop at dollar stores […]

Dec 16 2014

Why oil is crashing and the black swan event of 2014: The price of oil is down by 40 percent in six months and hardly anyone saw this coming.

Black swan events are bound to happen in financial markets. It appeared that 2014 would be a year where stock markets gained footing in the world of supposedly low volatility until oil prices came crashing down. The crash in oil is enormous. It has sent many countries into panic mode including Russia where interest rates […]

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Dec 13 2014

Cronyism and ensuring American taxpayers bailout the finance industry during the next crash: Nostradamus like spending bill will ensure big banks never fail with your money.

Do you smell what is in the air?  Pine trees?  No.  Something with a more pungent smell.  There is a wonderful whiff of cronyism floating around Washington D.C.  In the latest government kabuki theater there was some interesting items being passed.  There were major protections given to banks should trillions of dollars in derivatives blow […]

Dec 10 2014

The American Dream deferred for young Americans: Living in rentals, inflated college tuition, and low wages await millions of young Americans.

The Americans Dream was largely built on a few simple ideals. One was the ability to purchase your own home without needing artificially low rates and dangerously low down payments. Another key aspect of the dream was allowing young Americans to receive a college education to pursue their future. While more Americans are going to […]

Dec 7 2014

Social Security helps keep half of elderly Americans from poverty: Social Security has become the de facto retirement plan for millions of Americans.

Social Security was never designed as a long-term retirement plan for millions of Americans.  Yet Social Security has become the default retirement plan for many elderly Americans.  In fact, if it were not for Social Security roughly 44 percent of elderly Americans would be in poverty.  This is calculated by how many Americans receive Social […]

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