Social Issues

Submitted by Stock Board Asset Management

The following article by David Haggith was pubished on The Great Recession Blog:

If the @realPresident wants #realTaxReform, he should forget about trying to redesign the albatross, and go for a change so big that it’s completely transformative. Pursue a change that the swamp will have an epileptic seizure over. It’s bold, and it’s simple if you have the guts to keep it simple. It’s great.

My letter to the president: 

Last night we noted that, rather than help police arresting a suspect in Friday's horrendous terrorist attack in Stockholm, migrant residents of the suburb of Rinkeby apparently decided instead to pelt the arresting officers with rocks.  Of course, the incident was just one more example of the unintended consequences of Sweden's 'open border' policies and a direct contradiction of arguments from senior Swedish officials that would suggest that the influx of migrants hasn't made towns like Rinkeby any less safe. 

The California Policy Center (CPC) has just updated it's annual study on pension contributions required from local California municipalities and, to our complete 'shock', the conclusions are brutal for Cali taxpayers.  Among other things, the study found that California taxpayers will be forced to double their contributions to CalPERS over just the next 5 years alone from $5.3 billion in 2017/2018 tax year to $9.8 billion in 2022/2023.

Authored by Lance Roberts via RealInvestmentAdvice.com,

Last week, I discussed the primary issue that has led to the “Unavoidable Pension Crisis” in America. To wit: