First, put down all sharp objects. Now, meet Edith Calzado - maybe the single most successful and productive beneficiary of government assistance you’ll ever meet.
As NPR's Planet Money's latest podcast "The Art of Living At The Poverty Line" explains how many Americans are taking advantage of the welfare system...
Submitted by Adam Taggart via PeakProsperity.com,
Long an 'exporter of democracy' to the rest of the world, there is ample evidence that the United States lacks even the most rudimentary, basic protections necessary to preserve voting integrity within its own borders.
In a world in which everything has devolved to threats of Mutual Assured Destruction of the "if something does not happen then the world will end" variety observed most notably with the scaremongering campaign over Brexit in which David Cameron recently went as far as suggesting that war could break out should the UK leave the EU (as well as currency collapse, recession, and some of the worst parts of the bible), it only makes sense to take whatever works and run with it.
The problem with China's Wealth Management Products, or WMPs, is not new: we have covered this pillar of China's shadow banking system on various occasions over the past three years, usually just before and after the time of the latest spectacular WMP fund blow up, which promptly becomes headline news and then fades again until the next such collapse.
Denny Burk is having a melancholy Memorial Day. After reading the Gettysburg Address, he reflected:
I read this speech with heaviness of heart this year. It seems like the nation that Lincoln describes is slipping away. It seems less a “government of the people, by the people, for the people” than it is a people of the government, by the government, for the government. As the people decrease, the state increases. And the people have decreased in virtue, historical awareness, and commitment to ordered liberty “under God.”