The Missing Rage of Americans over Robbed Retirements

Where is the missing rage that Congressional theft ought to provoke in the American people? Congress put our savings at-risk, and set up to rob pensioners—I posted about it both before and after passage of the CrOmnibus that enacted it—and crickets chirped on my Facebook feed and elsewhere. Why, we have so much greater priorities to keep up with, like the Kardashians!  Yep, we get the government we deserve. Here is yet another warning from the United Kingdom paper, The Guardian: “Where’s Read more […]

One Fifth of Seniors Have Nothing Saved for Retirement; Almost One Third of Everyone Have Nothing Saved

Twenty percent of people fifty-five years of age and older have nothing saved for retirement. Thirty-one percent of adults of all ages have no retirement savings. According to the Washington Post: The sobering statistic was one of many released by the Federal Reserve on Thursday as part of its report on the economic well-being of U.S. households, which surveyed more than 4,100 people online last year between mid-September and early October. The study offered a stark reminder that as more Read more […]

This Can’t End Well: Debt Slaves Won’t Make Effective Freedom Fighters

I always thought that the main reason why people build up consumer debt is a rosy view of the future. If you are confident that you are only going to become more prosperous, that naïve confidence can lead a person to make irrational decisions. But I must be mistaken. A majority of Americans with 401(k)-type savings accounts are accumulating debt faster than they are setting aside money for retirement, further undermining the nation’s troubled system for old-age saving, a new report has found. Three Read more […]

Cop’s Casual Comments Curtails Career

How many times have you said something to someone during a casual conversation that indicates just how frustrated you were with someone or something like ‘I’d shoot him if he tried it’, or ‘I could just kill her…’? That’s what happened to Jacksonville, Police Officer Sam Kovisto.  Days after the election, Kovisto told several fellow officers: “If an order was given to kill Obama or something, then I wouldn’t mind being the guy.” He also told them that it wouldn’t bother Read more […]

Credit Downgrades, Retirement Savings Confiscation, and the coming Entitlement

That will never happen! They can’t do that! It’s unconstitutional! These are always the first reactions to predictions of future legislation where by our federal government proposes to steal our money while pretending to help the masses. Americans had better come to terms with the fact that the Obama Administration is one election away from the confiscation of retirement savings and Democrat loyalists all over America are gleefully waiting for the next round of Obama income redistribution. If Read more […]