Social Issues

Authored by Charles Hugh-Smith via OfTwoMinds blog,

No wonder the "middle class" has lost political power - it has lost the economic power of the ownership of productive assets.

Longtime correspondent Mark G. observed that the key phrase in yesterday's excellent commentary by correspondent Ron G. is property-owning middle class. Mark wrote: "It appears to me that the income bracket method used today isn't very informative."

Authored by Vijeta Uniyal via The Gatestone Institute,

Authored by Charles Hugh-Smith via OfTwoMinds blog,

You may have seen these charts before, but they tell the story of a middle class in decline.

For any system to endure, it must maintain a built-in capacity to self-correct: that is, it must generate accurate informational feedback about dangerous asymmetries and auto-correct with behavioral feedback.

Several times over the past couple of weeks we've written about various Trump 'flip-flops' on several key issues that took center stage during the 2016 campaign (see: "Trump Flips On Five Core Campaign Promises In Under 24 Hours").

Via The Daily Bell

Did you know that in addition to ice cream, Ben and Jerry’s serves up delicious propaganda? Nom, Nom, Nom. Mmmm. I feel informed.

And it is actually pretty good propaganda, in that it contains little chocolaty chunks of truth. You have got to mix some gooey truth morsels in if you want your cold creamy lies to sell.