If This Is Freedom and Democracy, What Is Tyranny?
If This Is Freedom and Democracy, What Is Tyranny?
Paul Craig Roberts
John Whitehead
If This Is Freedom and Democracy, What Is Tyranny?
Paul Craig Roberts
John Whitehead
After laying ruin to the defined-benefit pension plans of public and private employees over the past several decades, Wall Street has its sites set on its next victim: mom-and-pop 401(k)s. Sure, because as our recent headlines confirm, wall street money managers have worked wonders for public/private pension funds:
At one point in time in America, living at home with mom and dad after crossing out of your teenage years and into your 20s was embarrassing and something that was generally avoided at all costs. And while hard times come and go, 20-somethings who were forced back into their parents' care worked their tails off until they could save up enough money to once again regain their freedom.
Authored by Lance Roberts via RealInvestmentAdvice.com,
Doug Kass wrote a very interesting piece this week on the bond market:
“As overvalued as I believe the U.S. stock market may be, fixed-income instruments may be even more overvalued.
Via Disobedient Media