The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label millennials. Show all posts
Showing posts with label millennials. Show all posts

Sunday, February 26, 2017

Could millennial snowflakes be the catalyst to keep the U.S. from eliminating cash?

If there is one thing to be said about millennials it is that they are very emotional about their activism.  And all one has to do is look over the past couple of years at their push for 'safe spaces' on campuses, rabid protests over a myriad of different topics, and the rejection of many status quo policies that have been at the core of America's government over the past 20 years.

So with central banks, sovereign leaders, and elitist academics all pushing hard for the elimination of physical cash in the world's monetary systems, an interesting irony is coming to the surface where today's millennials could be the catalyst for protecting the economy from going 100% into a digital system.

Image result for psychology of cash
If millennials are supposed to be the first generation going mostly cashless, they are making the move halfheartedly.
Millennials still rely on cash — 80 percent of millennials carry greenbacks. And 42 percent still write checks, according to the Accel + Qualtrics Millennial Study 2017.
And that could be a good thing, as some advisors say a cash diet is the best way to pare down debt. 
The study corroborates other recent findings that technology is not overturning conventional ways to pay for things, even as millennials flock to mobile payment apps like Apple Pay and Venmo. 
Sophia Bera, a millennial who founded Gen Y Planning and is a member of the CNBC Digital Financial Advisor Council, said most of her friends carry some cash, but she rarely sees them using it as the first option to pay for things. It's mostly cash for emergency situations, or cash for tips.  
"When I use Venmo it feels like magical money," Bera said. "You forget that it is money, like any money, and that is bad." 
The financial advisor highly recommends cash to people trying to get out of credit card debt or for sticking to a budget. "A weekly cash amount is good," Bera said. "Take out $200 every Friday and when it is gone it is gone. ... It's a lot harder to drop six twenties on a dress than swiping a card. People don't buy flatscreen TVs with $20 bills."
Bera said switching to cash, even for just a few months, can help people reign in spending, and is especially helpful for those trying to get out of debt. - CNBC
Psychology has always played a huge role in how people see and respect money.  And all one has to do is look at a casino, which exchanges your currency for casino tokens (chips) because they know that gamblers are more than willing to spend these tokens in greater quantities than if they were playing a table game using real money.

Additionally, people became inured to accumulating high levels of debt when all they had to do is pay a paltry minimum amount which they could afford despite the fact they were actually increasing their debt levels through the interest compounding on that debt.

For a generation of Americans who suddenly had a wakeup call from the massive amounts of student loan debt they accumulated, recognizing the power of money by desiring to use cash instead of credit is a life-changing paradigm.  And even with America's youth being much more attuned towards using technology for nearly everything in today's society, their lagging in the transition to a cashless digital society because they realize that spending cash over credit is extremely beneficial to keeping oneself out of debt, could be a serious factor in hindering the establishment's agenda towards making all of finance one without physical money.

Tuesday, August 9, 2016

Millennials force University of Wisconsin to take down historic paintings because it affects their 'safe space'

During the start of the Renaissance in the the city state of Florence, the wealthy banking family known as the Medici's patroned many fine and historic works of art that in part helped lead Europe completely out of the Dark Ages and into their greatest era of growth in 1000 years.  But as a side consequence of their willingness to fund and support radical thinkers and artists, many in the Roman church felt threatened and sought to end the power of the Midici's in their intolerance.

One such radical religious zealot was a man by the name of Girolamo Savonarola, who preached against anything that did not follow church doctrine, and behind the scenes brewed hatred and intolerance into the minds of the poor and fearful.  And in the end, Savonarola was successful in burning and destroying many priceless works of art when the last of Medici power ended in Florence.

Fast forward to 2016...

Colleges and Universities were originally built to be the bastion of open learning, and even questioning the status quo to find new opportunities for progress.  But today they have become like the Medici family, and are under attack by a whole generation of radical and intolerant bigots who despise and hate anything that doesn't fit into their narrow beliefs.

That generation is the millennials.

The University of Wisconsin-Stout has decided to take down historical paintings that show interactions between white settlers and First Nations people because of their potentially “harmful” effects on students and viewers. The move was sparked by complaints from a diversity group. 
One of the paintings shows French fur traders canoeing down the Red Cedar River with American Indians; the other is of a French fort. Both were painted by artist Cal Peters in 1936 and were recently restored with funding by the Wisconsin Historical Society. 
After 80 years of decorating the university’s Harvey Hall, the paintings caught the attention of the school’s Diversity Leadership Team (DLT), which complained to the administration that this depiction of First Nations people reinforced racial stereotypes and promoted “acts of domination and oppression.” - Fox News
Following the purge of paintings, sculptures, and other priceless art in Florence many hundreds of years ago, the city never regained its stature during the greatness of the Renaissance.  And sadly, it appears that United States is following that same track since this intolerant generation will one day carry the future of America, and history has a very good record of repeating itself when human beings never learn the lessons from the past.

Of course, perhaps the real problem is that the paintings did not reflect the desires of UW's Diversity Group in that had Elizabeth Warren been one of the native Americans standing in the canoe, and Bernie Sanders been a fur trapper handing out free pelts in front of the fort, then the depiction of history would have been completely in line with the belief codes of these indivduals.

Tuesday, July 19, 2016

Got gold? Social security now $32 trillion in the red, with a $6 trillion deficit

Here at the Daily Economist we have written numerous times on the pension shortfalls proliferating municipalities, unions, and state run systems.  But perhaps it is time we look at the most important retirement plan of all, which of course is that of social security.

In the newest 2016 report out by the Social Security Trustees, the fund that already services tens of millions of Americans with a monthly income, and is promised to do the same for hundreds of millions now working in the labor force, is $32 trillion in the red, and in the shorter term has a $6 trillion deficit.

It’s been several weeks since the Social Security Trustees released their 2016 Trustees Report. I’ve been waiting to see if either Donald Trump or Hillary Clinton or anyone in the press core would say a peep about the astounding $6 trillion deficit implied by the Report’s table VI.F1. 
Not a peep. 
As you may know, I’m running for President as a write-in candidate along with my VP choice, UCLA economist, Edward Leamer. We’ll be on the ballot along with the two party candidates if voters simply write Laurence Kotlikoff for President and Edward Leamer for Vice President on the ballot in the space provided. It’s that simple. 
Ed and I are deeply concerned about our country’s fiscal condition, which is grave to say the least. If we don’t address it, we can kiss our children’s economic futures goodbye. 
I’ll get back to the overall picture, but let me tell the press what they will find if they care to do their job and look at Table VI.F1. They will learn that Social Security, according to the system’s own actuaries, is now $32 trillion in the red! The $32 trillion is the present value difference between all the system’s projected future benefit payments less the sum of a) all its projected future taxes and b) its current almost $3 trillion trust fund. 
We economists call this measure Social Security’s infinite horizon fiscal gap. Last year, the Trustees reported a fiscal gap of $26 trillion. So the system’s fiscal gap grew by $6 trillion over the past year, i.e., Social Security ran a $6 trillion deficit! - Forbes
And sadly, this trend of increasing deficits will only get worse as the Baby Boomers move completely into their receiving years for Social Security, and a large portion of Millennials who would normally be starting their careers are either out of work, or in jobs earning barely over minimum wage. And this dilemma of course is not even close enough to provide the revenues to pay for those who now collecting social security, much less sustain it for their own retirement years.

The 2008 financial crisis was a wake-up call, and had given Americans nearly a decade to find new alternative ways to save for their own retirements, and to not have to rely upon insolvent state and federal systems that are themselves bankrupt.  And one of the only ways that this can be achieved, especially if the government soon decides to massively increase taxes to cover the growing deficits, is to get some money into physical gold, which will both protect your wealth, and allow you little or no counter-party risk from insolvent Wall Street or government retirement schemes.

Monday, May 30, 2016

Millennial students following in the footsteps of baby boomers in demanding grades at college be abolished

It is perhaps ironic that everyone loves to tout a Harvard or Yale Law Degree as something almost holy and miles above every other law school graduate, but the fact of the matter is, it is quite impossible to ever really determine how competent those ivy leaguers are since they no longer give out actual letter grades.  Instead, students are graded on a system of either Honors, Pass, Low Pass, and Fail, and according to Business Insider, virtually no one ever fails, and very few every get stamped with a Low Pass mark.
Yale Law School is widely regarded as the top law school in the U.S.
The school doesn’t have regular grades, just Honors, Pass, Low Pass, and Fail. Almost no one fails, so basically the worst you can do is get a low pass.
Not only does Yale Law have a different grading structure, but it has a unique culture as well. -Business Insider
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Read more on this article here...

Saturday, May 7, 2016

April jobs miss estimates by 40,000, with nearly all going all new jobs going to elderly

As today’s polar opposite Wall Street paradigm extorts, bad news is good news for banks, corporations, and investors.  And with today’s massive drop in new jobs for the month of April in relation to analyst expectations, the ‘good news’ is that chances of a Fed rate hike in June have now dropped to almost zero.
But for the rest of the American people, bad news is always bad news, and underlying the 140,000 new jobs ‘created’ by the economy last month, those who need employment the most lost positions while those who need it the least, gained.
Read more on this article here...

Monday, April 18, 2016

Price inflation for dining out may make $15 minimum wage laws moot

30 years ago, dining out for the average American family was a once a week experience, with working parents adding to this total with an occasional lunch break at a restaurant.  However, the past three decades have seen this paradigm completely turn around, and in 2015, people spent more money eating out than they did in buying groceries since the convenience of cost was worth the experience.
Yet this trend may have quickly reached a peak here in 2016 as the growing movement of mandatory $15 per hour minimum wage demands being coupled with huge jumps in price inflation have seen the affordability of dining out now much greater than the cost of eating at home.
Read more on this article here...

Wednesday, February 17, 2016

Millennials may be the best prospects and recruits for owning their own business

Perhaps it is a dichotomy, or merely just a stereotype that has enough fuel to become accepted in the mainstream, but society has already labeled millennials for specific traits that are intrinsic to their generation.  And one thing is for certain for this group that emerged from parents of the 'greed is good' 1980's, and that is that the new largest segment of the workforce is willing to walk from a job if it is not satisfying for them, or where they are unlikely to reach long-term goals in a short amount of time.

And while this assessment may sound harsh, like with all things every thorn is attached to a budding flower.  And since mainstream society and the corporate world are both unlikely to change anytime soon since they are ruled mostly by stubborn elders set in their ways in how things are supposed to be, it makes the millennials extremely attractive to the new economy that is based not on working for others, but instead in working for themselves.


Infograph courtesy of Presto Marketing Group
A recent Deloitte survey found that two-thirds of millennials across the globe plan to leave their current organization by 2020 and one-quarter plan to change companies within the next year. 
One reason millennials, who now make up the largest segment of the US workforce, are driven to job-hopping is that they don't see enough opportunities for leadership development. But there's a second reason behind millennials' restlessness — and it's considerably harder to fix. 
The problem is what Deloitte calls the purpose gap, and it refers to the difference between what millennials want out of business and what business offers them.According to the survey, 87% of millennials believe that the success of a business should be measured in terms of more than just its financial performance. 
So what kind of metrics do they value? 
The important business outcomes that millennials feel their organizations are neglecting include: improving the skills, income, and satisfaction levels of employees; creating jobs; and providing services and goods that make a positive difference in people's lives. - Business Insider
Remember the real rule of business ownership... it is not always about money or the accumulation of material wealth that is the carrot we dangle in front of a recruit, but rather it is about relationships and building your message to what each prospect can achieve through the business in the pursuit of their desired goals for themselves, and not always in what you or I want believe those goals should be.

Friday, November 6, 2015

Millennials trust more in gold than in stocks in new survey

Every quarter, CNBC does a special report that they call the All-American Economic Survey.  And in their newest one on Nov. 3, investing trends for millennials showed an immense opposition to stocks and more trust in both real estate and gold.
Part of this appears to be the fact that many millennials have grown up in the decades of the dot com bust and the 2008 credit crisis which saw their parents and grandparents lose upwards of 40% of their retirement portfolios tied to the stock markets.  And with the millennial generation known for truth and straight talk over political correctness and subterfuge, perhaps it is not surprising that the younger generation has a much greater distrust in banks and Wall Street, and has little appetite for riskier investments, especially since the markets are manipulated so highly by the Fed and by HFT computer trading.

Read more on this article here...

Wednesday, June 10, 2015

Karatbars: Why Generation X more than anyone needs to build a business for their future

If you read most financial news today, nearly all of it caters to, or centers around millennials and those over the age of 55.  But the fact of the matter is, those in the 35-54 age group, which happens today to be Generation X, are the most important people in the entire economy.

This is because those in Gen X are supposed to be the biggest wage and salary earners, and spend the most money per capita in our consumption based GDP.  Not only does this generation spend the most on children and housing, but they also put the most into investments geared towards retirement and spend the most on non-essential things like vacations and college.

But the saddest part of being in Generation X is that the so-called 'recovery' has passed them by, and by an amount so great that their futures are both clouded and for the first time in America, limited to less than their parents achieved.  In the most recent jobs report from the government's Bureau of Labor Statistics (BLS), of the 280,000+ jobs created last month, less than 10% went to those in the 35-54 age group.  And this trend has been going on since the credit crisis of 2008, and Great Recession which followed.

We no longer have to wonder why the GDP has declined by so much in the past six years do we?

But just as much as having few job prospects is the fact that for this generation, wages have remained stagnant, and their overall financial net worth is worse than both the Baby Boomers and millennials.

The members of Generation X have plenty to be grumpy about. For starters, no one talks about them anymore. It’s all millennials all the time. There’s another reason Americans born between 1965 and 1980 are gloomy: Gen Xers are in even worse shape financially than the baby boomers who preceded them or the millennials who followed.

Sure, many boomers haven’t saved enough for retirement. And millennials are squeezed by high student-loan debt. But Gen Xers are still paying off student loans while raising families on wages that have barely budged in recent years. They have more debt than other age groups and are more pessimistic about ever being able to afford to retire, according to many surveys.

Almost 40 percent say they “don’t at all feel financially secure,” and 38 percent have more debt than savings, more than any other generation, according to a recent survey of 5,474 Americans by Northwestern Mutual Life Insurance Co. On average, people in their 40s had saved $62,087 in 401(k) retirement plans at the end of 2013, according to the Employee Benefits Research Institute. That means Gen Xers who plan to retire at 65 have a considerable way to go to accumulate the $1 million they’ll need to generate $40,000 a year as seniors. - Yahoo Finance

Which leaves this entirely forgotten generation with limited options to turn things around, as the corporate world is shrinking, and returns from Wall Street investments are a paper fantasy tied to a declining dollar.

So what is the answer for those between the ages of 35-54 to not only thrive in their living standards now, but to also be fully prepared for a retirement that is less than 20 years away?

The answer lies in Karatbars.



Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, you can have the power to move your money into a free e-wallet that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbards, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.

How to make money in both the Dual and Uni-level systems of Karatbars




How to make a six figure income using Karatbars in just 7 weeks.



The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars you can contact the Finance Examiner at [email protected], or create your own account free account with Karatbars as either a customer, or an affiliate (business builder), by clicking the link below, and filling out the one page document.


https://www.karatbars.com/signup.php?s=argonath

Saturday, November 2, 2013

You'd have to be on drugs to sign up for Obamacare

The 'community organizing' machine, otherwise known as the 21st century brownshirts, is trying hard to make Americans overlook the travesty that is Obamacare.  So to appeal to hippies and millennials, Obama's new marketing tool in the state of Oregon is focusing on how psychedelic health care can be, and using a parody of the LSD generation as the persuader.






I guess it is no wonder that the study showing American adults having an IQ below an AVERAGE human might actually be true if this is how the government believes you can be manipulated into purchasing their corrupt insurance scheme.