France: What Is The Presidential Campaign Really About?
Authored by Yves Manou via The Gatestone Institute,
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Social Issues
Redefining The Middle Class: It Isn't What You Earn & Owe, It's What You Own That Matters
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."
Germany Hit By Merkel's Imported Crime Wave
Authored by Vijeta Uniyal via The Gatestone Institute,
The Elites Have Destroyed The Status Quo's Ability To Self-Correct
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.
Immigration Group Dumps Trump Endorsement: "We Have Been Lied To, Misled, And Betrayed"
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").