Jun 27
Under the unlikely headline “Big Sky affordable housing sees glimmer of hope in resort tax funding,” the Bozeman Daily Chronicle printed a bizarre story on June 27. Big Sky is Montana’s wealthiest town–where millionaires ski, golf and recreate and real estate prices are sky high. Prices are high because the town is hemmed in on …
Jun 27
Government trusters often promote various “alternative energy” schemes designed to wean society off of fossil fuels. One scheme is to have government pay companies to make electric cars. And to subsidize consumers to purchase said cars. And to pay gas stations to install electric charging stations, etc. American taxpayers have been forced to pay billions …
May 18
A new study by Northwestern Mutual finds that one-third of Americans have less than $5,000 set aside for retirement. 21% of Americans have no retirement savings at all. SOCIAL SECURITY TO BLAME Many workers don’t save for the future because they assume they can live on Social Security. But that’s a dangerous, misguided assumption. In …
May 03
An astounding new report about American demographics has been summarized by Bloomberg News service. See here. Average wealth for retirees has risen more than 100 percent since 1989, to $752,000, and the share of those who are millionaires has doubled. Also, more retirees—62 percent—are enjoying life without physical or cognitive limitations, according to the data. …
Apr 30
The above chart was generated by the American Enterprise Institute (AEI) and published on Marketwatch.com. It shows the overall price changes of certain products between 1997 and 2017. As you can see, government-subsidized goods (college tuition and books and medical treatment) have increased at rates much higher than inflation. Meanwhile, ‘tech’ products such as TVs, …
Mar 23
The Government of Flint, Michigan knowingly poisoned the public drinking water with lead. And when numerous tests (of both the government drinking water and the blood lead levels of children in the City) showed high lead levels, the government officials concealed and covered up their crimes. When the poisoned water became a major news story, …
Feb 04
If you save anything in modern America you are an utter fool. Near-zero interest rates, high taxation, central-banking-driven inflation and other government policies have robbed an entire generation of wealth in their later years. Social Security further robs the poor of their nest eggs, incentivising people to save less, invest less, and work fewer total …
Jan 16
Years of high taxes, overregulation, and cops everywhere have taken their toll on California. The state now leads the U.S. in rates and numbers of people living in poverty. See here. (This is true even though the State has the most social workers, biggest welfare programs and biggest wealth-redistribution operations.) The State also has the …
Dec 26
As private-sector Americans struggle for existence, government officials and workers continue to gain wealth and privilege. Here is a story published in the London Daily Mail (U.S. ‘mainstream’ news outlets have ignored it) about a school teacher who purchased a first-class seat on a United flight. The school teacher was told before the flight that …
Dec 10
Socialism is a curse that one should wish only on a hated enemy. Governments invariably promise cradle-to-grave safety, support and security but deliver only violence, misery and impoverishment. Yesterday’s New York Times detailed how Venezuelans in need of medicine must suffer early deaths or flee to other countries for survival. They were promised government (‘single …
