Submitted by Simon Black via SovereignMan.com,
According to financial research firm ICI, total retirement assets in the Land of the Free now exceed $23 trillion.
$7.3 trillion of that is held in Individual Retirement Accounts (IRAs).
That’s an appetizing figure, especially for a government that just passed $19 trillion in debt and is in pressing need of new funding sources.
Last week, in “Welcome To Obama’s Recovery: Carrier Moving 1400 Jobs To Mexico,” we showed what happens the moment hundreds of American manufacturing workers learn that their services will no longer be needed thanks to cheap labor south of the border.
The other day, I quoted this passage from Justice Scalia’s dissent in Obergefell:
Reader Bobby, a cultural liberal, responded to a conservative’s criticism on another thread, and tries to point out that economics, not sex, drove social fragmentation in his hometown:
Submitted by Howard Kunstler via Kunstler.com,
It ought to be a foregone conclusion that Mr. Obama’s replacement starting January 20, 2017 will preside over conditions of disorder in everyday life and economy never seen before. For the supposedly thinking class in America, the end of reality-optional politics will come as the surprise of their lives.