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deicer last won the day on July 18

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  1. deicer

    Trump 2.0 Continues

    From the Heartland
  2. deicer

    Trump 2.0 Continues

    Now that he's rolled over, Manafort has a lot of 'splaining to do... What Manafort Can Provide
  3. deicer

    Trump 2.0 Continues

    You have to admire this level of involvement...
  5. Where the money is really going... WASHINGTON - A rising stock market lifted U.S. household wealth to a record $106.9 trillion in the April-June quarter, the culmination of a decade of economic recovery but a gain that is concentrated largely among the most affluent. The value of Americans' stock and mutual fund portfolios rose $800 billion, while home values increased $600 billion, the Federal Reserve said Thursday. Total household wealth is now 2.1 per cent higher than in the first quarter, when it was $104.7 trillion. Household net worth reflects the value of assets like homes, bank accounts and stocks minus debts like mortgages and credit cards. The data aren't adjusted for inflation or population growth. They also don't reflect the experiences of most U.S. households. Stock market wealth has been flowing disproportionately -- and increasingly -- to the most affluent households. The richest one-tenth of Americans own about 84 per cent of the value of stocks. That trend is concerning to some economists, who regard such sizable disparities in wealth as unhealthy for an economy. When lower- and middle-income people don't share much in overall prosperity, many are forced to absorb more debt and take other financial risks. "I would be happy in a world where we saw big stock increases -- if stocks were more broadly distributed across the population," said Josh Bivens, director of research at the liberal Economic Policy Institute. "The fact that is where most of the gains are going is worrisome." In theory, greater household wealth can speed the economy by making consumers feel richer and more likely to spend. But most consumers are spending less of their wealth than they did before the Great Recession began in late 2007, economists have found. Americans are saving nearly 7 per cent of their incomes, according to Commerce Department figures. That figure has remained fairly steady for five years even as the stock market has set new highs and average home prices have increased faster than most people's wages. That trend suggests that many people remain cautious about cashing in their wealth, economists say, perhaps because they regard it as less stable than in the past. The rising concentration of wealth among affluent and educated Americans is another factor why the nation's increased net worth isn't accelerating the pace of consumer spending. Richer households are less likely to spend their wealth gains than middle- or lower-income households are. America's richest 10 per cent of households were nearly 120 times wealthier than the lower middle class in 2016, the most recent year for which figures are provided in a separate Fed report. That is up from 112 times in 2013. (The lower middle class was defined as those whose wealth placed them between the 25th and 50th percentiles of net worth.) The top 10 per cent had an average net worth of $5.34 million; for the lower middle class, the figure was $44,700. Sharp disparities in wealth also cut across racial lines. The median white household has a net worth of $171,000, according to Fed data. That's about 10 times the typical net worth for a black household of $17,200. For Latinos, it was $20,700. (The median is the point at which half the population has more and half has less.) The Fed revised its previous quarterly data to show that household wealth was higher earlier this year than previously reported. Household wealth in the first quarter is now about $4 billion higher than was original reported, mostly because of higher pension reserves than previously estimated.
  6. deicer

    Trump 2.0 Continues

    A summary of events so far...
  7. More proof the Canadian system works. Smooth as Butter
  8. Not only does the U.S. subsidize milk, they pay even more to protect sugar.....
  9. Looks like Americans will never be able to drink Coke again... Aurora Cannabis shares rise on reported talks with Coca-Cola
  10. deicer

    Trump 2.0 Continues

    The noose just keeps tightening. I guess Muller just needs Manafort to confirm and fill in the details. The Noose Tightens
  12. deicer

    Crap from the Left

    Again, you're wrong. You are making the assumption that major corporations are controlled by lefty liberals. Which defence contractor, weapons manufacturer, oil company, car company, utility, and most importantly, which of the banks is controlled by lefty liberals? Those are the real 'owners' of the world. Fairness has no place in their vocabulary or lexicon and they absolutely adore people like you who accept their agenda.
  13. The assumptions in this video have also shown up in Florence.[0]=68.ARDpWgvya4hYxaPvf_7c05An-F7QgTPLHz0lmnpowVC0FEtyZP8-F4lPNKxODyLGen5AUnxz2T0pjqVEkYX9qtNu72pFbx1VTvSJ7ZkP2iAfiWkHwqoPXxyGMzlhAE_wpbxpSaf7leR1F2KeaFqYQfdggLFuNQeBRo2OsYysdvzNQy8rF5iS8_tqU8naWRQYYqZlXNWc8NiXSibuSxgvUvSKCTcxhWgZ2EfFGePh&__tn__=FC-R&fb_dtsg_ag=AdwaxETkhSL03qk7JGWvmqR7kttR8IXqOpcvXDAIeaCVdQ%3AAdzQT85QlRbPPFp_xyV_RgikIRQD5n1nAMmpa5B0Y_dJJg
  14. deicer

    Crap from the Left

    Once again your lack of knowledge and insight is in full display. These clips wouldn't exist if it weren't for the policies, pandering, lobbying, selfishness, and greed of conservatives.