Risk Opportunity Lost Under Dependency

Most Americans are on the road to serfdom, and they don't even know it.

The young folks who think the system is screwing them are turning in large measure to Bernie Sanders, but his brand of socialism is sure to box them in, squelching the opportunity to risk, or bet on themselves, effectively ending their dreams, if they have them, of becoming independently wealthy and free.

The ramifications of the progressive march over the past decade, with orchestrated efforts to discredit churches, private companies, agencies and organizations while creating divisions between classes through race, gender and economic status, has resulted in the Millennials embracing of big government rather than free market capitalism.

Therefore, sadly, the position taken by the Millennials would certainly be considered reasonable. It is all they know. The economic systems are in large measure broken, full of manipulation and corruption, but the answer is not expansive government or a kingmaker.

The answer is free market capitalism, the best path to prosperity, liberty and freedom.


Why The Masses Remain Poor by EconMatters.com

Assualt on Private Property Ownership Lurks In The Affirmatively Furthering Fair Housing Rule

Private property ownership is under direct assault from the tyrannical Obama administration as part of their efforts of transforming America and engaging in the transfer of wealth.

Property rights are without question central to the freedoms of our nation, and must be protected at all legally permissible costs. "Private property ownership is the path to building wealth and eliminating poverty".

"America became the wealthiest nation on earth in a very short time precisely because of the ability of every American to own and control their own property. Ownership produces equity – that is a process to build wealth".

It is noted HUD Secretary Julian Castro, who is high on the Democrat VP list, is a major player in these efforts and someone who places little value on property rights and individual freedom.

Private Property Ownership – the First American Right To Die Under Barack Obama’s Tyranny

Intellectual Squeeze

Excellent piece by Charles Hugh Smith via Zero Hedge, which presents clearly that as governments squeeze the top earners, who are also the employers, through taxation and regulation, it is in fact the middle class and lower income earners ( just the folks the rhetoric claims to attempting to help)  who pay the price.  Simply put, when you tax something, it produces less utility; or it cost more.

Charles Hugh Smith/oftwominds.com

It is simply to observe the lack of knowledge the low information crowd has in the realm of basic economic theory.  A classic example of this is the recent protests in front of fast food chains, demanding a higher hourly wage because the employer can supposedly afford it, rather than due to superior work performance by the employee.

Extra costs placed on corporations, or employers, are not just simply absorbed.  They place reductions on revenues, profits and limit choice, each of which negatively affects the consumer.  In fact, the pain is greater upon those who can least afford it; the low income/information crowd.

If the a large faction of the citizenry fails to recognize terrorist organizations of evil aiming the destruction of the US, we certainly cannot expect them to grasp basic economic principles.

Even at upscale and elite Harvard University, we have mind boggling levels of intellectual vacancies.