As a reflection of the sad state of modern American politics, recent Gallup polling data reveals that policy issues receive basically no coverage in the media while Americans are left to choose between two of the most unpopular candidates in history.
With the scandals surrounding both presidential candidates surpassing anyone's wildest predictions, and the rest of the world just as stunned at ongoing developments in the US political system, one country has decided the time has come to take a direct stab at what it dubs America's "arrogant democracy" and "flawed politics"- China.
“This is an unusual juncture but we keep looking at it through the same kinds of lenses. What if it’s all wrong because society, technology, opinion polling methods, and everything else don’t capture marginalized voters in the way they might once have?" - Citi's Tina Fordham
The way Lester Holt “corrected” Donald Trump at Monday’s debate (as he was clearly instructed to do) regarding the Iraq War, you’d think the answer to whether he supported it or not was clear-cut. The truth is, it may not be that simple.Meanwhile, we know for sure which candidate absolutely loves war and leaves a trail of death and destruction in her wake: Hillary Clinton.
Hardest hit were those marginal workers struggling to grab the lower rungs of the ladder. All of a sudden, the rungs were coated in the Fed’s grease. Between 1947 and 1970, this group – the bottom fifth of the U.S. population – enjoyed a 3% annual growth in real disposable income. As the EZ money regime of the 21st century worked its mischief, these annual increases disappeared.
"These linear thinkers can’t understand why their playbook of lies, misinformation, pointless social justice issues and a myriad of other inane distractions aren’t working this time. They fail to acknowledge that history is cyclical and we’ve entered the phase when generational cohorts are aligned for dramatic sweeping change. The data is there for all to see, but those benefiting from the current perverted paradigm will not be swept aside without a bloody fight."
Do you remember the old Saturday Night Live sketches in which comedian Chris Farley portrayed a motivational speaker that lived in a van down by the river? Unfortunately, this is becoming a reality for way too many Americans...As the middle class has shrunk and the cost of living has increased, a lot of people have decided to quite literally “live on the road”.
Gold was up 1.5% and silver surged 3.1% yesterday after Janet Yellen again failed to raise rates from record lows at 0.25%. The Fed maintained ultra loose monetary policies which are again creating stock and bond market bubbles in the U.S. and other countries.
No matter who wins in November, America is going to face a divide unseen in decades. If Donald Trump wins, he will confront a resident media more hateful than that which confronted Richard Nixon in 1968. If Hillary Clinton wins, she will come to office distrusted and disbelieved by most of her countrymen, half of whom she has maligned either as “deplorables” or pitiful souls in need of empathy.