The press is somewhat baffled as to why Americans are so angry this year. The stock market seems to be doing fine (too bad most Americans don’t own stock). Jobs are being added (too bad most jobs are in the low wage service sector). Housing values are up (too bad the homeownership rate is
My Comments: Really illuminating data that zones in on some of the issues that might be driving the “so called” anger problem in America today. The ironic part here is that black and brown folks are unquestionable affected disproportionately, but we don’t hear about the “Black and Brown Anger”. The other issue I have is how gullible the white underclass (poor and working class) is in believing that the problem is really with the current Obama administration. If anything, look at the total and absolute ineptitude across all three branches (probably a bit harsh on the SC). Then again, fear mongering has been with us for most of “our” history and sadly enough it still drive our society today.
People recognize the seriousness of Alzheimer’s disease, but they aren’t taking steps to learn about their personal chances of getting the disease or to prepare for it financially, according to a new survey.
The WebMD and Shriver Report Snapshot: “Insight Into Alzheimer’s Attitudes and Behaviors,” asked more than 4,200 WebMD readers their beliefs and experiences regarding the disease.
I’ll never forget my first speech. It was 1964 in Cooperstown, NY, and I was a 29-year-old project manager at GE who’d been asked to present a new plastics venture to a group of 300 high-level corporate types. Weeks beforehand, I meticulously wrote out every word I was going to say, and practiced reading it out loud what felt like a thousand times.
Source: https://mbno.com/rLH/a-v
My Comments: Pretty sage piece; just thought I’d share
A prominent young Ohio activist killed himself on the steps of the statehouse Monday.
MarShawn M. McCarrel II, a leading member of the state’s Black Lives Matter movement, shot himself outside the capitol’s entrance at around 6 p.m. The 23-year-old was pronounced dead at the scene, State Highway Patrol spokesman Lt. Craig Cvetan told the Columbus Dispatch.
“We don’t have any evidence to know the reason why he did it,” Cvetan said.
Source: https://mbno.com/rLH/a-p My Comments: A sad day – hellishness of the black experience.
The financial media is abuzz with the soundbite that the stock market is off to “the worst start in history” in 2016. That is both absolutely true, and completely misleading. The fact is, corrections similar in size to the one we saw the first few weeks of the year happen on average once a year, they just haven’t happened to coincide with the first few weeks of the year in the past. So the fact that this is the worst start ever is an interesting anecdote, but is also fairly meaningless for our Thrift Savings Plan investing. (See also, Debunking the January Myth in case you were concerned by the annual beginning of February onslaught of click-bait headlines suggesting that a poor market performance in January portends of a bad year.)
Source: https://mbno.com/rLH/a-o Comments: Pretty insightful analysis from the TSP Allocation Guide. I have been following it now for sometime; dude knows what he is talking about.