Authored by Charles Hugh Smith via OfTwoMinds blog,
The majority of middle class wealth is locked up in unproductive assets or assets that only become available upon retirement or death.
One of my points in Why Governments Will Not Ban Bitcoin was to highlight how few families had the financial wherewithal to invest in bitcoin or an alternative hedge such as precious metals.
After a NYT report last Friday that as part of Trump tax reform, 401(k) plan contributions could be capped at $2,400 annually, Trump was quick to deny tweeting on Monday that "There will be NO change to your 401(k). This has always been a great and popular middle class tax break that works, and it stays!"
There will be NO change to your 401(k). This has always been a great and popular middle class tax break that works, and it stays!
— Donald J. Trump (@realDonaldTrump) October 23, 2017
Authored by Judith Bergman via The Gatestone Institute,
Authored by Paul Craig Roberts,
Once upon a time the leftwing of the political spectrum was committed to the advancement of the working class and its protection from political and economic abuse by the owners of the means of production. Consequently, the leftwing was politically potent and reached a pinnacle of power when Henry Wallace was selected by Franklin D. Roosevelt as his third term vice president. Despite his wealth from the company he founded, Wallace stood for the farmer and the working class.
Content originally published at iBankCoin.com
A Swedish journalist who referred to Wikileaks co-founder Julian Assange as a "criminal" over since-dropped rape allegations has been accused of rape and sexually assaulting several women - some as young as 14 years old.
Frederik Virtanen - who also hosts a talk show on Swedish TV, was called out during the #MeToo social media campaign created in the wake of the Harvey Weinstein Hollywood scandal.